Michigan iGaming, sports betting operators generate $175.4 million in August
19 September 2023(PRESS RELEASE) -- Michigan commercial and tribal operators reported a combined $175.4 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in August. Gross receipts decreased 0.4% compared to July results.
August iGaming gross receipts totaled $152.2 million and gross sports betting receipts totaled $23.2 million. In July 2023, iGaming gross receipts were $153.6 million and gross sports betting receipts were $22.5 million.
Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for August were $153.1 million, including $137.2 million from iGaming and $15.9 million from internet sports betting — representing a 0.7% and 3.0% decrease, respectively, compared to July 2023. Compared to August 2022 reported revenues, iGaming AGR was up by 16.8% and sports betting was down by 1.3%.
Total internet sports betting handle at $218.5 million was up by 8.8% from the $200.8 million handle recorded in July 2023.
The operators reported submitting $29.7 million in taxes and payments to the State of Michigan during August, including:
- Internet gaming taxes and fees: $28.6 million
- Internet sports betting taxes and fees: $1.1 million
- Internet gaming taxes and fees: $6.9 million
- Internet sports betting taxes and fees: $368,596
An online gaming and sports betting revenue distribution table is available on the agency’s website.
During August, a total of 15 operators offered internet gaming and internet sports betting. As of 1 August, Odawa Casinos ceased their offering of internet sports betting, reducing the number of internet sports betting operators in the state to 14. Details for each operator’s internet gaming and internet sports betting results are available at https://www.michigan.gov/mgcb/detroit-casinos/resources/revenues-and-wagering-tax-information.