Michigan Set to Get New Sportsbook
The sports betting industry in Michigan is growing quickly, and that growth is set to get a huge boost in January 2021.
The Soaring Eagle Casino recently announced that it plans to offer sports betting next year, joining an already competitive market.
There are currently 14 casinos in Michigan that offer sports betting, and Soaring Eagle will become the 15th. Michigan is home to both retail and tribal casinos, although all of the retail locations are located in the city of Detroit.
The Soaring Eagle Casino has announced that it will be changing the current name of its sports lounge to “Ascend Sports Book & Lounge.” The company has not announced any plans to expand or build a new casino, and it appears that all of the betting will be done in the current location.
The Saginaw Chippewa Indian Tribe owns and operates the Soaring Eagle Casino, and they have not yet announced a sports betting or technology partner. The casino will have to partner with some outside company to help get things launched correctly.
Adding sports betting has been on the radar at Soaring Eagle Casino for quite some time, but this move goes above and beyond just looking at this industry. Online casino gaming will also be legal in Michigan in 2021, and this is a great way for the casino to break into that industry as well.
Sources have indicated that the Soaring Eagle Casino is looking to use its own name when launching both sports betting and online casino gambling. This could change as the casino will be forced to reach a partnership with an outside operator.
The sports betting industry in Michigan has not taken off as quickly as it has in other states, but that will change soon. Allowing bettors to place bets through a mobile device will be a huge win for the sportsbooks and will increase the numbers dramatically.
Online Betting on the Way
The state of Michigan has already legalized mobile and online sports wagering, but that portion of the industry has yet to launch. Online betting is expected to be live before the end of 2020, and most industry leaders believe that it could happen this month.
Sportsbook operators have already started to test out their sports betting mobile apps in Michigan, and things should go smoothly when they are finally given the green light to launch. Michigan is already home to some of the biggest operators in the industry, and these operators have highly-rated mobile apps as well.
The Michigan Gaming Control Board is set to meet on Tuesday, and that group will likely announce a launch date after the meeting. Now that the retail side of things is running smoothly, the MGCB has been able to turn their attention to the online side of things.
The Soaring Eagle Casino will not be offering mobile sports betting at this time, but it is unclear if they will eventually partner with a sports betting operator. There will be plenty of big names looking for a partner to launch a mobile app in the state.
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