The Stars Group and the Little Traverse Bay Bands of Odawa Indians Gaming Authority have agreed to a deal in Michigan. Owned by The Stars Group, PokerStars will now be able to legally operate in Michigan.
“The Tribe’s partnership with The Stars Group extends beyond our reservation and places the thrill of world class sports betting and online gaming under every finger-tip sliding across a touch screen in the State of Michigan,” noted Fred Harrington Jr., Tribal Council, LTBB Odawa.
Michigan Represents a Strong Potential Market
New Jersey and Pennsylvania are the only US states that have accepted PokerStars to date. However, Michigan adds yet a third large state that’s allowing the world’s largest poker site to serve them.
Michigan represents a lucrative market thanks to their 10 million residents. The Wolverine State’s population makes them the 10th biggest state in America.
Pennsylvania is the largest state (12.81m) to approve online gaming so far. Michigan ranks just behind them and ahead of New Jersey (8.9m) among states that have legalized internet gambling.
PokerStars Liquidity Could be Building
New Jersey is the only large state that’s currently running serious online poker games. Pennsylvania’s market is still in its infancy while, while Delaware and Nevada are too small to make a difference.
That said, Michigan’s entrance into the online poker world is an important step towards building overall US online poker liquidity.
No compact exists between MI and any other state regarding internet poker. However, we could very likely see a deal signed at some point in the near future.
Assuming PA, NJ, and MI band together, this would represent a market over over 30 million people. Online poker might finally begin to see some traction at this point.
Of course, this scenario is a long ways off. Right now, Michigan is still setting up the frame work for their online gambling market.