Michigan online gambling has passed on a third attempt, as the state legislature voted to legalize the activity along with sports betting.

In the past, the governor has vetoed efforts to regulate internet betting. This time, however, the sponsor of the bill reached an agreement with Governor Whitmer that will pave the way for the state legitimize the industry.

The major objection has been the concern that online gambling would cut into lotto receipts. That money is used to supplement the school aid fund and the fear of less money for schools was a big stumbling block.

How, and how much to tax gambling done online was the sticking point, until an agreement with the Governor resulted in a formula that all sides believe will hold schools harmless.

When all the bills are finalized, the sports betting will be taxed 8.4 percent under the bills. Internet poker and other games played online would be taxed between 20 and 28 percent.

You can read more on Michigan online gambling when you visit WOODTV.