The board said the partnership blurs the line between licensed betting and prediction markets, and it is taking its sponsorship and staff with it.
With $624.6 million in online gambling revenue last year, Michigan set aside $9.5 million for addiction services, after lawmakers removed a proposed per-wager tax from the budget.
Michigan allocates $3 million annually to support MGCB’s 'Don’t Regret the Bet’ campaign to promote responsible gambling and prevent problem gambling.
MSU seeks to end its partnership with Caesars Entertainment amid criticism of college-sportsbook relationships and concerns about underage gambling.
Under SB 54, the Michigan Department of Education (MDE) would provide materials to support K-12 education on gambling addiction.
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