Having trouble viewing this email? View it as a Web page [ [link removed] ].
Bookmark and Share [ [link removed] ]

Michigan Gaming Control Board

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

*Michigan iGaming, sports betting operators report $257.08M in March revenue*

DETROIT, April 16, 2024 ? Michigan commercial and tribal operators reported a combined $257.08 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in March. Gross receipts increased 17.7% compared to February.

*Monthly Gross Receipts*
March iGaming gross receipts totaled $215.15 million, the highest to date. The previous high was $188.0 million recorded last month. Gross sports betting receipts for March totaled $41.93 million. Gross sports betting receipts for February were $30.5 million.

*Monthly Adjusted Gross Receipts*
Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for March were $221.14 million, including $194.47 million from iGaming and $26.67 million from internet sports betting ? representing an iGaming increase of 14.9% and a sports betting increase of $13.8 million when compared to February 2024. Compared to March 2023 reported revenues, iGaming AGR was up by 25.8% and sports betting was down by 15.2%.

*Monthly Handle*
Total internet sports betting handle at $480.4 million was up by 19.3% from the $402.6 million handle recorded in February 2024.

*Monthly State Taxes/Payments*
The operators reported submitting $41.1 million in taxes and payments to the State of Michigan during March, of which:


* iGaming taxes and fees = $39.4 million
* Internet sports betting taxes and fees = $1.7 million

*Monthly City of Detroit Taxes/Payments*
The three Detroit casinos reported paying the City of Detroit $10.96 million in wagering taxes and municipal services fees during March, of which:


* iGaming taxes and fees = $10.3 million
* Internet sports betting taxes and fees = $663,132

*Monthly Tribal Operators? Payments*
Tribal operators reported making $4.7 million in payments to governing bodies in March.

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

As of March, a total of 15 commercial and tribal operators have been authorized to launch iGaming and/or internet sports betting. Currently, 13 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] ]"."

###

?


* 2024.04.16-PR-iGaming_March_Revenue.pdf [ [link removed] ]
* Internet Gaming - March 2024.xlsx [ [link removed] ]
* Internet Sports Betting - March 2024.xlsx [ [link removed] ]
________________________________________________________________________

mgcb logo ?Questions?
?Contact Us [ [link removed] ]

STAY CONNECTED: Sign up for email updates [ [link removed] ] ? ? ? ?

SUBSCRIBER SERVICES:
Manage Preferences [ [link removed] ]??|??Unsubscribe All [ [link removed] ]? |? Subscription Help [ [link removed] ]

________________________________________________________________________

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] ]