From Michigan Gaming Control Board <[email protected]>
Subject [NEWS RELEASE] Michigan internet gaming, sports betting operators report $195.7 million in April revenue
Date May 16, 2023 3:35 PM
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Michigan Gaming Control Board

*FOR IMMEDIATE RELEASE*

Contact: [email protected]

*Michigan internet gaming, sports betting operators report $195.7 million in April revenue*

DETROIT, May 16, 2023 ? Michigan commercial and tribal operators reported a combined $195.7 million total internet gaming gross receipts and gross sports betting receipts in April. Gross receipts decreased 9.6% compared to March results.

April internet gaming gross receipts totaled $159.4 million and gross sports betting receipts totaled $36.3 million. In March 2023, internet gaming gross receipts were a record-setting $171.8 million, and gross sports betting receipts were $44.6 million.

Combined total internet gaming and internet sports betting adjusted gross receipts were $167.9 million, including $143.4 million from internet gaming and $24.5 million from internet sports betting in April 2023. These figures are 7.3% and 22.0% decreases compared to March 2023, but are 20.2% and 46.8% increases, respectively, compared to April 2022 reported revenues.

Total internet sports betting handle at $322.8 million was down by 20.8% from the $407.7 million handle recorded in March 2023.

The operators reported submitting $31 million in taxes and payments to the State of Michigan during April including:


* Internet gaming taxes and fees: $29.4 million.
* Internet sports betting taxes and fees: $1.6 million

The three Detroit casinos reported paying the City of Detroit $8.1 million in wagering taxes and municipal services fees during April including:


* Internet gaming taxes and fees: $7.5 million
* Internet sports betting taxes and fees: $620,743

Tribal operators reported making $3.6 million in payments to governing bodies in April.

An online gaming and sports betting revenue distribution table [ [link removed] ] is available on the agency?s website.

During April, a total of 15 operators offered internet gaming and internet sports betting. Details for each operator?s internet gaming and internet sports betting results are available on the MGCB website [ [link removed] ].

"Gambling in any form is for entertainment purposes only. If someone has a gambling problem, please call the state's 24-hour, toll-free helpline at 1-800-270-7117 or the MGCB's responsible gaming section at 1-888-223-3044. You also may visit the MGCB website at ""Michigan.gov/MGCB/resources/responsible-gaming" [ [link removed] ]" for information on self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database.

"

""The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the?citizens of the State of Michigan.""


* Internet gaming and sports betting receipts April 2023.pdf [ [link removed] ]
* 2023 Internet Gaming - April 2023.xlsx [ [link removed] ]
* 2023 Internet Sports Betting - April 2023.xlsx [ [link removed] ]
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This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Michigan Gaming Control Board ? 3062 West Grand Boulevard, Suite L-700 ? Detroit, MI 48202-6062 ? (313) 456-4100 ? [ [link removed] ]
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