Author Topic: Mich gambling Bill's past on the governor's desk to sign  (Read 12157 times)

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bigwrench

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #15 on: December 14, 2019, 09:38:27 AM »
I am buried here at Northville and sick on hot dogs and drunk on flat beer,FUCK ME!!
flat beer? You were at the wrong stand then
The soup at the 2md floor kitchen
Is actually pretty damn good
Black lives matter? WTF
I was taught all lives matter!
Especially the lives of us rednecks
And our Horsez!!

Fatboy

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #16 on: December 14, 2019, 10:43:05 AM »
flat beer? You were at the wrong stand then
The soup at the 2md floor kitchen
Is actually pretty damn good

SOUP IS GREAT I BRING MY OWN TOAST

Calhoun

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #17 on: December 14, 2019, 11:38:24 AM »
aint that the truth patrick!#!!
Hell the worms wont want me
Beside s after a big cardboard box and a bjc lighter
Nothing but dust will be left
They will dump my ashes
just before the finish line.
I already died there
a million and one times

Fatboy

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #18 on: December 14, 2019, 11:47:09 AM »
They will dump my ashes
just before the finish line.
I already died there
a million and one times

DROP YOUR FAT ASS FROM A BALOON IN THE DESERT

Calhoun

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #19 on: December 14, 2019, 12:54:00 PM »
Wow.


American Sniper

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #20 on: December 14, 2019, 01:34:25 PM »
Sports betting
Sports wagering will be legalized and can be offered live or online by existing casinos.
Sports betting will be taxed at a rate of 8.4%, with an extra 3.25% paid by casinos in the City of Detroit. That's down from a rate of 8.75% in a version the state House passed earlier.
Proceeds from the 8.4% tax on sports betting will be divided as follows: 30% to the city in which the sports betting operator's casino is located, to be spent on policing and other public safety programs; 65% to the state's Internet Sports Betting Fund, and 5% or up to $3 million annually to a fund to support and (promote the horse racing industry.)  tmbz1
Read the Legislation: House Bill 4916, 4917, and 4918.

HornbyDuke

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #21 on: December 14, 2019, 04:38:05 PM »
Thank - will keep the initial poster happy. I think he's the only reason this appears to be getting done.  ngc3

Rabbi Of Racing

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #22 on: December 14, 2019, 08:27:39 PM »
Sports betting
Sports wagering will be legalized and can be offered live or online by existing casinos.
Sports betting will be taxed at a rate of 8.4%, with an extra 3.25% paid by casinos in the City of Detroit. That's down from a rate of 8.75% in a version the state House passed earlier.
Proceeds from the 8.4% tax on sports betting will be divided as follows: 30% to the city in which the sports betting operator's casino is located, to be spent on policing and other public safety programs; 65% to the state's Internet Sports Betting Fund, and 5% or up to $3 million annually to a fund to support and (promote the horse racing industry.)  tmbz1
Read the Legislation: House Bill 4916, 4917, and 4918.
wise up son,stop copying and posting what you read in the fake news media,the bill is a joke,high taxes,high juice,totally worthless as far as horses or sports betting goes,please please wake up

bigwrench

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #23 on: December 15, 2019, 12:58:54 PM »
Daym mr1976 you are soo negativve
 73cv.2
Black lives matter? WTF
I was taught all lives matter!
Especially the lives of us rednecks
And our Horsez!!

Rabbi Of Racing

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #24 on: December 15, 2019, 03:40:57 PM »
God Bless you Wrench.I am still crying over the great horse E W getting beat by a nose at Raceway 25 years ago

Offstride

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #25 on: December 15, 2019, 03:53:42 PM »
God Bless you Wrench.I am still crying over the great horse E W getting beat by a nose at Raceway 25 years ago

Russell Swartz..

bigwrench

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #26 on: December 15, 2019, 05:52:57 PM »
Those were the best of days eh mikey
Black lives matter? WTF
I was taught all lives matter!
Especially the lives of us rednecks
And our Horsez!!

American Sniper

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #27 on: December 20, 2019, 12:09:17 PM »
LANSING, Mich. — Michigan Gov. Gretchen Whitmer signed legislation Friday to legalize sports betting and internet gambling, calling it a bipartisan win for the state that will bolster funding for public schools and permanently dedicated funding to help first responders who get cancer from fighting fires.

The laws take effect immediately, but wagering will not start for a number of months because commercial and tribal casinos need to obtain state licenses. Lawmakers have said they are hopeful that sports betting and online gambling could start in time for the NCAA men's basketball tournament in March.

Whitmer said her priority in negotiations was ensuring that the new gambling does not negatively impact the $15.1 billion school aid fund, which is funded in part by the i-Lottery, and boosting the school aid fund.

All current forms of casino games will be offered online or on mobile devices once casinos are licensed. Those who are 21 or older will be able to participate.


bestbetter

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #28 on: December 20, 2019, 12:31:09 PM »
Sports betting
Sports wagering will be legalized and can be offered live or online by existing casinos.
Sports betting will be taxed at a rate of 8.4%, with an extra 3.25% paid by casinos in the City of Detroit. That's down from a rate of 8.75% in a version the state House passed earlier.
Proceeds from the 8.4% tax on sports betting will be divided as follows: 30% to the city in which the sports betting operator's casino is located, to be spent on policing and other public safety programs; 65% to the state's Internet Sports Betting Fund, and 5% or up to $3 million annually to a fund to support and (promote the horse racing industry.)  tmbz1
Read the Legislation: House Bill 4916, 4917, and 4918.
so basically paying juice win or loose? 8.4 total?
« Last Edit: December 20, 2019, 12:33:15 PM by bestbetter »

Calhoun

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Re: Mich gambling Bill's past on the governor's desk to sign
« Reply #29 on: December 20, 2019, 12:45:07 PM »
so basically paying juice win or loose? 8.4 total?
that's not at all what it means. 

The "tax rates" are what will be paid on the sports book aggregate hold or win. 

It has nothing to do with bettors.

 

shout out

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