A Michigan House Committee will hold a hearing on online poker on Wednesday. The Poker Masters begins on Wednesday. Check out these stories and more in the Tuesday Hit and Run.

Michigan Online Poker Bill to Get Hearing

Online gambling legislative activity has emerged in the state of Michigan. An online poker bill, H 4926, was introduced by Michigan state Rep. Brandt Iden on Tuesday. According to the Poker Player’s Alliance, the bill will get a hearing by the House Regulatory Reform Committee tomorrow. The bill is not unlike legislation introduced earlier this year by Senator Mike Kowall.

The newly introduced bill states that tribes would have to renegotiate compacts to offer online gambling in the state, an issue which has previously been a stumbling block. Among the items in the bill is a $100,000 application fee and $200,000 license fees for operators, which go down to $100,000 after the first year. Operators will be charged a 15% tax rate — or lower if a tribe renegotiates a compact.

Poker Masters Preview

The Poker Masters is shaping up to be quite the spectacle. Beginning Wednesday and running through September 20th, the event will include a some of the biggest names in poker including Daniel Negreanu, Phil Hellmuth and Fedor Holz. Check here for what you need to know as this event kicks off from the Aria Resort and Casino.

Quick Hitters

– Upcoming poker movie Molly’s Game has premiered at the Toronto International Film Festival last week, where it has begun to receive excellent reviews. Through Tuesday it had earned a 90% rating on Rotten Tomatoes. The movie will hit theaters on November 22nd.

– Update from the PokerStars WCOOP: Patrick “prepstyle71” Serda took down the $10,300 No Limit High Roller for $470,000. Other big winners over the weekend included Nick “PureCash25” Rampone ($256k in the $530 Sunday Million Special Edition and wiciu777 ($222k in the $1050 Sunday Warmup). The WCOOP continues its run through September 24th.

– Meanwhile in Russia, the partypoker Live Millions Russia has become the largest poker event ever in the country. The tournament saw a total of 999 entries and 53 remain as players bagged their chips on Tuesday. Day 4 will be held on Wednesday with the final running on Thursday.

– Grinderschool.com poker training video of the day is part 1 in the “Building a Bankroll” series, where PocketAir starts playing 4/10 NL.