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Michigan achieves record igaming revenue but online sports betting dips


Michigan has produced internet gaming revenue figures of $97.2m for August – a 5.3% increase on the previous month and a record total since igaming was available in the state. 

Detroit’s MGM Grand venue had the highest igaming revenue with $39.7m, followed by the MotorCity Casino and its FanDuel offering with $14.2m and the Bay Mills Indian Community and DraftKings with $12.6m.

The state received $17.9m worth of payments from operators in the form of igaming taxes and payments, which is the second highest total since January’s launch.

The likes of BetMGM and PointsBet have launched gaming products within Michigan since January, which have helped contribute to igaming’s popularity.

With regards to online sports betting, revenue figures came to $15.9m – down from $19.6m in July.

Motor City Casino and its FanDuel sportsbook was the best performer, generating $4.8m. Bay Mills and its DraftKings sportsbook was next with $4.3m, followed by  MGM Grand with $3.9m.

The total handle for the state increased slightly, up 2.3% from July to $192.3m. Bay Mills had the largest individual handle for the first time ever with $61.4m, beating out Motor City’s total of $47.7m. MGM Grand rounded out the top three with a handle of $43.7m.

For online sports betting, operators paid the state a total of $540,706 in payments and taxes.