Michigan iGaming, Sports Betting Operators Report $293.5 Million in March Revenue

Michigan’s commercial and tribal internet gaming operators reported a combined total of $293.5 million in gross receipts from iGaming and internet sports betting for March. The latest figure is a 9.3% increase compared to February. Monthly Gross Receipts iGaming gross receipts for March totaled $260.5 million, up from $222.5 million in February. This marks the […]

by - Friday, April 18th, 2025 2:47

Michigan iGaming, Sports Betting Operators Report $293.5 Million in March Revenue

Michigan’s commercial and tribal internet gaming operators reported a combined total of $293.5 million in gross receipts from iGaming and internet sports betting for March. The latest figure is a 9.3% increase compared to February.

Monthly Gross Receipts

iGaming gross receipts for March totaled $260.5 million, up from $222.5 million in February. This marks the highest monthly total since internet gaming began, surpassing the previous record of $248.2 million set in January 2025. Gross sports betting receipts were also $33 million, down from $46 million in the previous month.

Monthly Adjusted Gross Receipts

Michigan iGaming, Sports Betting Operators Report $293.5M in March Revenue Michigan iGaming, Sports Betting Operators Report $293.5M in March Revenue

Monthly Handle

The total online sports betting handle was $475.1 million in March, a 25.1% increase from the $379.8 million recorded in February. Monthly state taxes and payments operators reported $51.4 million in state taxes and payments in March, including:

    Michigan iGaming, Sports Betting Operators Report $293.5M in March Revenue Michigan iGaming, Sports Betting Operators Report $293.5M in March Revenue

Michigan Gaming Regulator Is Taking Action Against Unlicensed Operators

Michigan iGaming, Sports Betting Operators Report $293.5M in March Revenue

Michigan is among the dozen-or-so states that’s cracking down on unregulated sweepstakes casinos, offshore sportsbooks, and sports prediction markets. More than 20 offshore gambling sites have been banned recently.

Michigan iGaming, Sports Betting Operators Report $293.5M in March Revenue

Sports prediction markets allow users to trade their predictions on the outcomes of sports events via contracts. These exchange-traded markets are available on platforms like ForecastEx2, Kalshi, Polymarket, and PredictIt.

Jose Del Pozo

Jose is an iGaming analyst with wide experience within the sector. He has been working as content writer on casino and betting websites for more than 10 years, contributing on websites like Pokerlistings, Casinobee, Betpack among others, sharing his insights and perspective for the future ofthe iGaming market.