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Michigan online sports betting and igaming revenue rises in August


Combined online gambling and internet sports betting revenue in Michigan increased 37.0% year-on-year to $154.9m during August, according to the Michigan Gaming Control Board (MGCB).

Gross internet gaming and sports betting receipts from commercial and tribal operators for the month was comfortably higher than $113.1m in August of 2021 and also 4.5% up from $148.2m in July this year.

Online gaming gross receipts climbed 34.2% year-on-year to $130.9m, while internet sports betting adjusted gross receipts also increased by 113.0% to $24.0m, with wagering handle rising 13.8% to $218.8m.

Total adjusted gross receipts, which account for promotional spending, were $133.6m and included $117.5m from igaming and $16.1m from sports betting.

Licensed operators submitted $25.3m in taxes and payments to the state, with $24.2m from igaming taxes and fees and $989,621 sports betting.

In terms of year-to-date, aggregate internet gaming adjusted gross receipts for the eight months through to the end of August was $916.4m, with sports betting at $104.2m.

The figures come after the MGCB earlier this month also published the results for the land-based sector in Detroit, with the city’s three commercial casinos posting $106.1m during August, up 9.1% year-on-year.