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.
The report includes revenue generated by tribal internet casino gaming and online sports betting operators. According to the data, MI online casino gaming 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.
The combined online handle for casino and sports betting operators came to $3.7 billion.
Taxes 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.
The report also gives a breakdown of December’s revenues showing that tribal operators generated $156.52 in revenue from gaming and sports betting. This was a drop of 3.2% on the previous month. Adjusted gross receipts for the month from both commercial and tribal operators amounted to $120.6 million for the month.
Michigan Sportsbooks Set Monthly Record as MGCB Reports 2021 Online Gambling Revenue. Michigan Sportsbooks Set Monthly Record as MGCB Reports 2021 Online Gambling RevenueState taxes paid on sports betting for the month of December came to $738,067.
Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.