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

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 […]

Michigan iGaming, Sports Betting Operators Report $293.5M in March Revenue - Friday, April 18th, 2025 2:47

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

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

Monthly Adjusted Gross Receipts

Combined adjusted gross receipts (AGR) for iGaming and internet sports betting reached $260.7 million in March. Of that total, $246.1 million came from iGaming, and $14.6 million came from internet sports betting.

This marks a 17.7% increase in iGaming AGR and a 46.4% decrease in sports betting AGR compared to February. Although iGaming climbed 26.5% year-over-year, sports betting AGR dropped 45.3% compared to March 2024.

Monthly Handle

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

Internet sports betting taxes and fees: $874,052

Michigan Gaming Regulator Is Taking Action Against Unlicensed Operators

According to the Michigan Gaming Control Board (MGCB), 15 commercial and tribal operators have been authorized to offer iGaming and/or internet sports betting in the Wolverine State. Currently, 12 operators offer internet sports betting and 15 offer iGaming.

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.

Last week, the MGCB opened a series of investigations into unlicensed sports prediction markets operating within the state. These unlicensed wagering platforms impact consumer protection and “may jeopardize the integrity of Michigan’s legal sports betting system.”

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.