[NEWS RELEASE] Michigan iGaming, sports betting operators report $210.4M in September revenue

Michigan Gaming Control Board sent this bulletin at 10/24/2023 09:47 AM EDT

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Michigan Gaming Control Board

FOR IMMEDIATE RELEASE
Contact: MGCB-Media@michigan.gov

Michigan iGaming, sports betting operators report $210.4M in September revenue

DETROIT, Oct. 24, 2023 — Michigan commercial and tribal operators reported a combined $210.4 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in September. Gross receipts increased 20% compared to August results.

September iGaming gross receipts totaled $166.4 million and gross sports betting receipts totaled $44.0 million. In August 2023, iGaming gross receipts were $152.2 million and gross sports betting receipts were $23.2 million.

Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for September were $168.5 million, including $149.8 million from iGaming and $18.7 million from internet sports betting — representing a 9.2% and 17.8% increase, respectively, compared to August 2023. Compared to September 2022 reported revenues, iGaming AGR was up by 29.3% and sports betting was down by 31.1%.

Total internet sports betting handle at $457.7 million was up by $239.2 million from the $218.5 million handle recorded in August 2023.

The operators reported submitting $32.6 million in taxes and payments to the State of Michigan during September, including:

  • Internet gaming taxes and fees: $31.3 million
  • Internet sports betting taxes and fees: $1.3 million

The three Detroit casinos reported paying the City of Detroit $7.97 million in wagering taxes and municipal services fees during August, including:

  • Internet gaming taxes and fees: $7.5 million
  • Internet sports betting taxes and fees: $470,071

Tribal operators reported making $4.0 million in payments to governing bodies in September.

An online gaming and sports betting revenue distribution table is available on the agency’s website.

As of September, a total of 15 commercial and tribal operators have been authorized to launch iGaming and/or internet sports betting. Currently, 14 commercial and tribal operators offer internet sports betting and 15 operators offer iGaming. Details for each operator’s internet gaming and internet sports betting results are available on the MGCB website.

Gambling in any form is for entertainment purposes only. If someone has a gambling problem, please call the state's 24-hour, toll-free helpline at 1-800-270-7117 or the MGCB's responsible gaming section at 1-888-223-3044. Visit the Responsible Gaming page of the MGCB website for information on self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database, and DontRegretTheBet.org for additional tools to game responsibly.

The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the state of Michigan. Learn more at Michigan.gov/MGCB.

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