Michigan commercial and tribal internet casino gaming and sports betting operators have published their results for February. Gross receipts from both internet gaming and sports betting raked in a combined total of $145.3m.
The total was a 6.8% decrease, compared to January’s results.
A breakdown of the combined total reflected $122.8m in gross receipts from internet gaming and $22.5m in gross receipts from sports betting.
Michigan’s total handle fell 19.8% from January’s results, yielding $398.4m.
Monthly internet gaming adjusted gross receipts rose by 47% and internet sports betting adjusted gross receipts rose by 63.4% compared to the same time last year. Monthly internet gaming adjusted gross receipts rose by 1.3% compared to January.
Internet gaming adjusted gross receipts reached $219.7m and aggregate internet sports betting adjusted gross sports betting receipts reached $15.2m during the first two months of this year.
During the month of January, operators submitted $22m in taxes and payments to the state. To break it down, internet gaming submitted $21.6m in taxes and fees and internet sports betting submitted $360,354 in taxes and fees.
Detroit’s three casinos reported paying more than $6.2m in wagering taxes and municipal services fees to the city during the month of February. Internet gaming’s taxes and fees were $6m, while internet sports betting was responsible for paying $221,194 in taxes and fees.
Tribal operators paid a total of $2.3m to its governing bodies.
According to the Michigan Gaming Control Board, 14 operators were authorized for both forms of online wagering during the month of February.
