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The recently launched Roundhill Sports Betting & iGaming ETF invests in companies involved in sports and events betting, as well as online casinos and gambling.

As the coronavirus pandemic continues to surge across the United States, Michigan is accelerating steps to establish a regulated iGaming industry ASAP. A meeting held by Democratic and Republican Michigan lawmakers in early December saw policymakers across the aisle agreeing to waive the traditional 15-day waiting time for iGaming and sports betting rules in the state. As such, it is clear that Michigan lawmakers are hoping to push iGaming into effect before the new year.

Michigan lawmakers are working to expedite the iGaming licensing process. ©PhotosByMahin/Pixabay

This Could Be The Last Step Needed To See Michigan iGaming In 2020

For the first six months of 2020, lawmakers in Michigan got to work creating legislation that could structure Michigan’s brand-new regulated online gambling industry. Until now, the state’s governing gambling regulatory body, known as the Michigan Gaming Control Board (MGCB), typically submits its gambling rules to the government for final review.

With just a month to go before the new year, the joint Democratic and Republican powers serving on the Joint Committee on Administrative Rules (JCAR), a ruling party in the Michigan state government, decided to do away with a mandatory 15 day review period for rules submitted by the MGCB.

As such, the rules which have already been thoroughly discussed and drafted by Michigan lawmakers may be able to leapfrog preexisting barriers and make their way into policy before the end of 2020. In a statement from a spokesperson from the MGCB, it was clear that launching legal iGaming in the state before the new year was exactly the plan.

What Would Need To Happen For iGaming In 2020

In order for Michigan lawmakers to successfully implement legal iGaming in the state before the end of 2020, the Michigan Gaming Control Board will collaborate with gambling operators, vendors, suppliers, and platform developers to get everything working together smoothly, including necessary application submissions and fast-tracked licensing.

Local Legislators Explain The Change Of Heart

Prior to the meeting of the Joint Committee on Administrative Rules, Michigan state senators spoke publicly to the press about the decisions to come from the state government. As one Republican Senator explained, the road to legal iGaming in Michigan had been severely slowed down due to the lengthy licensing process.

Senator Pete Lucido told the press that, though legal online gambling had been made into law about a year before, the growth of a robust local iGaming business had been stalled, as Michigan’s 27 casinos awaited licenses to operate online gambling. Several companies, including FanDuel and Barstool Sportsbook, also sought approval to operate in the state.

The Road To Legal Gambling In Michigan: A Year In The Making

In December 2019, Michigan Governor Gretchen Whitmer legalized online gambling in the state. Because it’s a time-intensive and bureaucratic process to realize legal gambling, it has taken the majority of 2020 to put effective regulations into place. Even still, this process is expedited: normally, it would take well over a year to implement.

Michigan Opted For The Time-Intensive Route

This is not just because instituting legal and regulated gambling in a US state requires a lot of bureaucracy, though it does. In many US states, the process to create regulated legal gambling — particularly as a last-ditch effort to make extra public money during the pandemic — has been relatively fast to implement.

In states like Illinois, for example, the state government instituted legal online gambling as early as June of 2020 in order to offset COVID-19 losses for the local gambling industry. By contrast, Michigan lawmakers ensured that their regulatory process would be more thorough.

That has meant that, since December 2019, the state of Michigan has undergone a number of different steps to create a legal gambling industry, including necessary approval of rules by different government bodies, a period for the public — which is to say, voters — to offer their opinions on the measures, and further endorsement by state legislators.

Varying Degrees Of Lockdown In Michigan Casinos

In Michigan, the majority of operating casinos in the state are run by local tribes. In total, the state is home to 24 tribal casinos and 3 independent casinos. As the coronavirus pandemic continues to spike in the US, Michigan’s casinos have opted for dramatically different responses to the threat of the novel virus.

In mid-November, Governor Gretchen Whitmer announced that the state’s three independent casinos, located in Detroit, would have to close for a mandatory three week period beginning on November 18, and lasting until December 8. The tribal casinos in Michigan are not subject to state rules.

Michiganders Anticipate Whitmer’s Rules Will Be Extended

Though Governor Whitmer stated in mid-November that lockdown rules would be only temporarily implemented, Michigan locals anticipate that the strict guidelines — which include the closure of non-tribal casinos, indoor dining, movie theaters, high schools, and bowling alleys — will likely be extended, as coronavirus cases continue to surge.

By December 2020, Michigan was experiencing a crushing rate of COVID-19 deaths: a clip of 67 COVID-19 fatalities per day, up from 31 COVID-19 deaths a day just four weeks before. Governor Whitmer is under significant pressure from Republican lawmakers not to extend the three week lockdown, which is set to end December 8.

Betsoft is hailed by many as the best casino game developer to service the North American, Australasian and European markets. Some key factors which make this true are that their games are visually astounding; they develop unique themes, and the in-game features are just as good as that of Microgaming and Net Entertainment’s, maybe even better.

Best Betsoft Casinos

We have seen our fair share of iGaming online casino game developers, some of them good some of them below par. When it comes to Betsoft Gaming, it’s a different matter altogether.
Another hallmark about Betsoft casinos is that they have a mixed inventory of browser-based casino games. These come divided into high-resolution slot machines, table games, specialty types games (bingo, keno, and scratch cards), video slots, video poker, virtual Racebook 3D, Poker 3 and Max Quest: Wrath of Ra. The latter is the first interactive slots ever to grace the industry.

It is not only their game libraries that are impressive, but also their quality support, account management, responsible gambling, attention to detail, and marketing services, which are all top of the line. The Betsoft casinos accept cryptocurrencies like Bitcoin, Bitcoin Cash, XRP, Ethereum, Dogecoin and Litecoin as deposit and withdrawal methods.

Naturally, this says a lot about the software house, what it stands for, and its vision for the future. Betsoft Gaming has won many awards, and the latest is the RNG Supplier of 2019 and Game of the Year for 2019, which is, yes, you’ve guessed it; Max Quest: Wrath of Ra.

Betsoft Casinos Registering An Account

Before you can access the wonderful blend of instant play casino games, you must register an account. Sportbookcasinos.com’s Best Betsoft Casinos only require a few personal details such as your name, surname, username, a few other personal details, and your banking method of choice. Once all of this is out the way, it’s time to start playing!

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To entice new bettors to sign up and deposit, a non-compulsory welcome bonus is the first perk. The bonus is a match percentage of your deposit that varies from 100%, 150% to 400%. If the operator runs a bonus promotion of 100% up to $200 and you deposit $100, it will be matched instantly with a bonus of $100.

As you can see, your initial casino sign up bonus just increased from $100 to $200! Because it is the casino’s ‘free money,’ there are terms attached to the bonus such as a wagering requirement, game weighting, maximum allowable bet per spin, and a minimum deposit amount. At times a bonus code is required too.

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Luckily the benefits do not stop with the deposit bonus. Just think how boring our top USA Casinos would have been if they only offered a bonus on deposit. They run daily and weekend promotions as well. Active depositors can enhance their bankrolls with free spins, special bonuses, a monthly reload bonus, comps, rebate on losses of up to 15%, and Free Spins to play the newest slot machines.
Betsoft Casinos also have a tiered incentive scheme known as a VIP Rewards program that caters to high rollers. The various VIP levels start at Bronze and moving to Silver, Gold, Platinum, and Diamond. The higher your VIP standing at the Betsoft casino, the better the rewards that will be flung your way. The comp points system is 1 comp for every $10 wagered; however, this also differs from game to game.

Betsoft Casino Games

Betsoft Casinos have more than 200 casino games that are divided into 3D slots, 3 and 5 reel slots, classics, video slots, table games, video poker, and specialty games. Each game is fully compatible with HTML5. If it is not available, the casino will notify you to install the Flash application.
Players can play the games at the mobile casino once they have installed the app, which they can get hold of at Google’s Play Store. All the games are browser-based; therefore, there is no need to download the software. Each game can be play with free credits before you play them with real money.
The slot games are categorized into different themes (sport, adventure, jungle, horror, fantasy, comedy, animals, cops, and robbers). What else can you expect? Well, you will find free spins features with multipliers of up to 10x, Re-spins, expanding wilds, shifting wilds, pick me options, and bonus rounds that can be triggered on a random spin in the main game. There’s a slot machine for low, medium, and high rollers, in other words, a game that suits every player’s style and budget.
Slot machines like Caishen’s Arrival, Bamboo Rush, Spinfinity Man, and Carnival Forever has set the online gambling world on fire. Another aspect that sets them apart from the competition is that they have a ‘Buy Option.’ If you do not have the patience to wait for the free spins before it is triggered, you can trigger the free spins option immediately by clicking on the ‘Buy Feature.’ There is a small catch, though; you’ll have to pay a few bob to trigger the feature from the onset.

Betsoft Casinos Table Games

The table game variety is not that hot, but we’ll forgive Betsoft because it focuses primarily on slots. Don’t let its sparse table game selection deter you from visiting our top Betsoft Casinos. You can still work your way in and around the casino’s lobby with Blackjack, Roulette (American & European), Craps, Baccarat, Red Dog, Pai Gow Poker (https://sportbookcasinos.com/how-to-play-pai-gow-poker/) and Poker.

Betsoft Casinos Video Poker

Fancy a game with an RTP (average return to player percentage) of above 98%? If so, then video poker is just for you. You can play Aces and Faces, All American, Joker Poker, Deuces Wild, Jacks or Better, Double Bonus Poker, Bonus Poker, and plenty more at our Betsoft casinos.
To be good at video poker, you must know the odds, poker hand ranking, and the rules of the variant you are playing. Bet the maximum 5 credits and double-check that you are holding the right cards. If you’ve been dealt three Aces, make sure you hold all three of them and discard the rest. Assuming, of course, they’re not a pair.

Betsoft Casinos Specialty Games

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The game menu of the Betsoft Casinos is concluded with Bingo, Keno, Scratch cards, and Max Quest: Wrath of Ra.

Betsoft Casinos Customer Support

Support can be reached in a variety of ways starting with email, an online form that must be filled in, live chat, or telephone by way of toll-free numbers.

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Email and phone support query processes are available 24/7, while live chat can only be contacted during trading hours. A Frequently Asked Questions section answers general questions such as how to register an account, claiming a bonus, deposits and withdrawals, security, and so forth. Please go through it if you are still a newbie.

Betsoft Casinos Banking

Each Betsoft Casino caters to both fiat currency and cryptocurrency depositors. Players can deposit and play with credit/debit cards, wire transfer, e-wallets (ECO, Neteller, Skrill), and checks by mail or courier. Fiat currencies accepted are United States dollars, Euros, Canadian Dollars, and British Pounds.

Please note that other currencies will be converted into U.S. dollars at the current market exchange rate. Alternatively, cryptocurrencies like Bitcoin, Bitcoin Cash, Litecoin, Ethereum, XRP, and Dogecoin are accepted. Before you can deposit and play with Bitcoin, you must have a Bitcoin wallet.

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The transaction turnaround for Bitcoin or any virtual currency is conducted within a period of 24 hours. Credit cards take approximately 3 days, wire transfer 5-10 days, and checks can take up to 15 days. KYC (Know Your Customer) documents such as a copy of your identification document, e.g., passport, a bank statement, and a utility bill are requested before your withdrawal can be processed.
This verification procedure combats money laundering and other nefarious activities and usually takes up to 48 hours. The minimum deposit ranges from $10 (BTC) to $25 (BTC), while the minimum withdrawal can be anything from $10 to $10,000, depending on your VIP status.

Betsoft Casinos: Frequently Asked Questions

Every Betsoft casino that we work with uses state-of-the-art 256-SSL key algorithms that protect sensitive data such as your email address, banking, and other valuable information. So, yes, your personal details are safe and secure.

Not a chance! Each game’s outcome, whether it is a slot machine, virtual table game, or video poker, is governed by a random number generator (RNG). The RNG decides when it’s a winning spin or a winning hand; no tampering is involved. To add to this, independent third- party companies like Technical Systems Testing and iTech Labs conduct their own tests on these RNG’s to corroborate what we’ve just said.

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This depends mainly on the verification process and the banking option you have used. The fastest way to get your money in and out of the casino is with Bitcoin or any accepted cryptocurrency.
Bitcoin makes cross-border transactions easy, and it is not hampered by the UIGEA (Unlawful Internet Gambling Enforcement Act) because it is a peer-to-peer decentralized payment system.
Withdrawals are cleared within a few hours to 24 hours if you use a digital currency, while fiat currencies can take anything from 3 days to 15 days.

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Yes, they do. The withdrawal limits differ from casino to casino. Some have minimum weekly cash out limits of $2,500 and some as high as $20,000. Obviously, the amount of money you can withdraw is also tied to your VIP status at the casino.
Winnings above $50,000 are paid out in installments of $5,000 (depending on the casino’s maximum withdrawal) per week until the full amount is paid. The reason why big wins are not settled immediately is due to the restrictions the UIGEA imposes on third-party payments