The Michigan Gaming Control Board (MGCB) has released its latest revenue report revealing that online gambling operators in Michigan generated over $1.4 billion in gross revenue throughout 2021.
Michigan Sportsbooks Set Monthly Record as MGCB Reports 2021 Online Gambling Revenue generated $1.1 billion in gross receipts while mobile sports betting generated $292.2 million.After deductions for free play incentives and promotions, internet casino and sports betting adjusted gross revenue came to $1.1 billion with $1 billion coming from casino gaming alone.
Michigan Sportsbooks Set Monthly Record as MGCB Reports 2021 Online Gambling RevenueTaxes paid to the state of Michigan amounted to $208.94 million for the year as online casino gaming operators contributed $201.67 million to the state while mobile sports betting operators contributed $7.27 million.
Meanwhile, the three Detroit casinos paid a combined total of $55.28 million in internet gaming taxes and $4.07 million in mobile sports betting taxes to the city of Detroit.
Michigan Sportsbooks Set Monthly Record as MGCB Reports 2021 Online Gambling Revenue Michigan Sportsbooks Set Monthly Record as MGCB Reports 2021 Online Gambling Revenue.Sports betting operators reported a record month as both online and retail sportsbooks reported a combined handle of $484.6 million. This beat the previous record of $473.8 million set in November 2021.
Michigan Sportsbooks Set Monthly Record as MGCB Reports 2021 Online Gambling Revenue