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Michigan online casino revenue grows but betting declines in July


The Michigan Gaming Control Board (MGCB) has reported $111.9m (£808.6m/€950.1m) in combined online sports betting and casino revenue in July, in a fourth consecutive month of decline.

The total was 2.0% less than $114.2 reported in June.

A total of $92.3m was generated by internet casino gaming, a 3.4% rise month-on-month, while sports betting receipts fell by 21.6% to $19.6m.

The sports betting revenue came on $188.0m in handle.

In terms of taxes and payments, $17.8m was paid to the state of Michigan in total, with $17.1m coming from internet gaming and $762,220 generated from internet sports betting.

The taxes are based on adjusted gross receipts, which totaled at $83.1m from internet gaming. This was an increase of 25.6%, due mostly to June’s figure including a significant deduction for free play from MGM Grand Detroit.

Adjusted gross gaming receipts for internet sports betting totaled at $12.4m.

This was a decline from June, when MGM Grand Detroit, MotorCity and Greektown reported $4.4m in internet gaming taxes and fees and $377,223 in internet sports betting taxes and fees.

Last week, the Michigan Gaming Control Board reported a rise in commercial casino revenue in July from its three land-based Detroit casinos.