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Michigan Gaming Control Board approves fixed-odds horse-racing wagers online

Regulation

Michigan’s Gaming Control Board approved fixed-odds horse-racing wagers for the state’s regulated online betting market, according to the report. The option lets customers lock in odds when placing a bet; the board’s executive director said the change responds to bettor demand.

Operators in Michigan’s regulated online betting market may now offer fixed-odds horse-racing wagers under the board’s approval.

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