![]() This is purportedly not set to occur before the start of next year although FanDuel Group already knows that it will be subject to a tiered tax system that is to top out at 26.25% of any local iGaming revenues. ![]() The domain reported that the alliance will also give the New York-headquartered innovator the right to premiere a Michigan-facing online casino and sports betting operation once the Michigan Gaming Control Board approves a range of detailed regulations. In Michigan, prominent daily fantasy sports and sportsbook operator FanDuel Group has reportedly inked an agreement that is to see it supply Detroit’s MotorCity Casino Hotel with an on-site retail sports betting service.Īccording to a Thursday report from, the deal could result in the downtown casino launching a FanDuel-branded sportsbook before the March 17 start of the NCAA Division I Men’s Basketball Tournament, which is colloquially known as ‘March Madness’, in hopes of becoming the early leader in the Midwestern state’s emerging sports wagering market. Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Michigan Betting on sports futures, props and lay bets.
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