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Michigan Gaming Control Board

*FOR** IMMEDIATE RELEASE
*Contact: [email protected]

*Michigan iGaming, sports betting operators report $229.6M in January revenue*

DETROIT, Feb. 20, 2024 ? Michigan commercial and tribal operators reported a combined $229.6 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in January. Gross receipts decreased 5.4% compared to December.

*Monthly Gross Receipts*
January iGaming gross receipts totaled $181.9 million, the highest to date. The previous high was $181.4 million recorded in December 2023. Gross sports betting receipts for January totaled $47.7 million. Last month, gross sports betting receipts were $61.1 million.

*Monthly Adjusted Gross Receipts*
Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for January were $183.0 million, including $164.2 million from iGaming and $18.8 million from internet sports betting ? representing an iGaming increase of 0.5% and a sports betting decrease of 46.5% when compared to December 2023. Compared to January 2023 reported revenues, iGaming AGR was up by 18.7% and sports betting was up by 5.4%.

*Monthly Handle*
Total internet sports betting handle at $577.4 million was down by 1.0% from the $583.0 million handle recorded in December 2023.

*Monthly State Taxes/Payments*
The operators reported submitting $31.3 million in taxes and payments to the State of Michigan during January, of which:


* iGaming taxes and fees = $30.0 million
* Internet sports betting taxes and fees = $1.3 million

*Monthly City of Detroit Taxes/Payments*
The three Detroit casinos reported paying the City of Detroit $8.5 million in wagering taxes and municipal services fees during January, of which:


* iGaming taxes and fees = $7.9 million
* Internet sports betting taxes and fees = $614,400

*Monthly Tribal Operators? Payments*
Tribal operators reported making $3.6 million in payments to governing bodies in January.

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

As of January, a total of 15 commercial and tribal operators have been authorized to launch iGaming and/or internet sports betting. Currently, 14 commercial and tribal operators offer internet sports betting, and 15 operators offer iGaming. 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 you or someone you know may have a gambling problem, contact the National Problem Gambling Helpline, which offers hope and help without stigma or shame. Call *1-800-GAMBLER*, text 800GAM, or visit ""www.1800gamblerchat.org" [ [link removed] ]". Help is available 24/7 and is free and confidential. Michigan citizens can also visit the ""Responsible Gaming page of the MGCB website" [ [link removed] ]" for information on self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database, and ""DontRegretTheBet.org" [ [link removed] ]" for additional tools to game responsibly."

"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. Learn more at ""Michigan.gov/MGCB" [ [link removed] ]"."

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* 2024.02.20-PR-iGaming_January_Revenue.pdf [ [link removed] ]
* Internet Gaming - January 2024.xlsx [ [link removed] ]
* Internet Sports Betting - January 2024.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] ]