The Michigan Senate approved legislation Wednesday that would create statutory regulations for charity poker fundraisers, transferring regulation from a state agency that has drawn controversy for cracking down on the events, MLive reports.
The measure, which now goes to the state House, codifies some rules promulgated by the Michigan Gaming Control Board, including a 45 percent cap on how much of the take from the "millionaire's parties" can go to for-profit gaming firms that help nonprofits operate them. But it would ease board restrictions on how many representatives from the charity must be on hand at the fundraisers, and in some cases how much money can be in play.
Sen. Rick Jones, the measure's sponsor, called the proposed law a more "reasonable solution" for regulating casino-style fundraisers. The gaming board contends that the events have become rife with fraud, necessitating stricter oversight.