The Michigan Gaming Control Board’s latest monthly report reveals that the state’s 12 operators posted a combined sports betting handle of $325.5 million for the month of February.
The state’s three Detroit-based retail sportsbooks took in $23,711,982.53 in sports wagers, down 33.5% on the $35,684,193.76 sports betting handle for January.
Michigan Posts Sports Betting Handle of $325.5 Million for FebruaryRetail sportsbooks generated $5,304.41 in tax revenue for the state while online sports betting generated $142,239.58.
In a press release on the Michigan Gaming Control Board website, Richard S. Kalm, Michigan Gaming Control Board executive director said:
Michigan Posts Sports Betting Handle of $325.5 Million for February Michigan Posts Sports Betting Handle of $325.5 Million for February Michigan Posts Sports Betting Handle of $325.5 Million for FebruaryImage credit: Zach Frailey / CC BY-NC-ND 2.0
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.