Michigan operators post $160.9m in gross receipts during May
The state saw a boost in activity year-over-year.
The Michigan Gaming Control Board (MGCB) has published its total gross internet gaming receipts and gross sports betting receipts from the state’s commercial and tribal operators during the month of May.
The gaming control board reported that tribal and commercial operators took in $160.9m in gross receipts during May. The report reflected a 1.4% decrease in receipts when compared to those posted during the month of April.
During May, Internet gaming in Michigan dropped by 3.8% compared to figures reported in April. Internet gaming receipts reached $127.4m last month, falling short from the state’s all-time high set during April by more than $5m.
Gross betting receipts in May reflected a 9.1% boost from April’s numbers, reaching a total of $33.5m.
Internet casino and internet sports betting posted total adjusted gross receipts of $114.7m and $22.5m respectively. They pulled in a combined total of $137.2m during the month.
The state report reflected a 10.2% decrease from April in its total internet sports betting handle. May’s internet sports betting handle reached a total of $333.4m.
Michigan numbers reflected increases in year-over-year totals. During May 2022, the state reported a rise in internet gaming adjusted gross receipts by 28.8%. Internet sports betting adjusted gross receipts year-over-year rose by 127.4%.
Michigan operators during the month of May submitted a total of $24.6m in tax payments to the state. Detroit’s three casinos paid out $7.1m in municipal services fees and wagering taxes.
Tribal operators posted payments to its governing bodies that reached a total of $2.7m.
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