Michigan iGaming and sports betting operators generate in $224m in August revenue
The state reported a rise in revenue year-over-year.
Michigan commercial and Tribal operators have released sports betting and iGaming results for the month of August.
During the month, the Michigan Gaming Control Board posted a combined revenue of $224m. The total reflects both statewide sports betting and iGaming revenue.
Last month’s total iGaming and sports wagering revenue reflected a nearly $50m increase when compared to results from one year ago.
Michigan iGaming’s gross receipts reached $196.6m during the month of August, while its gross sports wagering receipts totaled $27.4m.
The Great Lakes State posted a total internet sports betting handle of $280.1m, close to $60m more than the state reported during August 2023.
The state posted iGaming and internet sports betting adjusted gross receipts (AGR) that reached $193.2m during August. In a breakdown of the monthly total, iGaming contributed $176.9m, and internet sports betting brought in another $16.3m.
Last month, operators around the state reported that they submitted $37.7m in state taxes. iGaming contributed $36.9m in taxes and fees, while internet sports betting chipped in another close to $0.8m.
In other state news, The Michigan Gaming Control Board (MGCB) recently won an Emmy for its “Don’t Regret the Bet” responsible gaming campaign.
“Don’t Regret the Bet” was launched last year and was designed as an integrated marketing campaign “to prevent gambling problems before they start and reduce the number of people in Michigan who develop a serious gambling addiction.”
The National Academy of Television Arts & Sciences gave the regulator the Michigan Chapter Emmy Award based on its success in the Graphic Arts – Motion Graphics category.
The campaign was the result of a collaborative effort between the MGCB, King Media and Detroit’s Cutters Studios.
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