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Michigan revenue takes a tumble after record-breaking month

News

Commercial and tribal operators in Michigan generated $195.7m from online and sports betting receipts in April, down by 9.5% compared to March.

Online gaming contributed $159.4m to this, compared to the $171.8m record achieved in March. Gross sports betting receipts fell by 18.6% to $36.3m.

Adjusted gross receipts, which account for promotional spending, combined to total at $167.9m. This was made up of $143.4m from online gaming and $24.5m from sports betting.

A total of $322.8m was wagered on sports during the month, a fall of 20.8% month-on-month.

Michigan operators

Operators in Michigan submitted $31m in taxes and payments to the state during the month. This amounted to $29.4m from igaming and $1.6m from sports betting.

Detroit’s three commercial casinos paid the city of Detroit $8.1m in wagering taxes and municipal service fees in April. This amounted to $7.5m from igaming and $620,743 in sports betting.

Tribal operators paid $3.6m to governing bodies throughout the month.