Michigan iGaming, sports betting rake in $195.7m in gross receipts for April

May 17, 2023
By
Leer en Español

The monthly total was not enough to surpass the state record set in March.

The Michigan Gaming Control Board (MGCB) has released the state’s iGaming and sports betting results from the month of April. The state generated $195.7m in total revenue derived from sports betting and iGaming.

Results from last month reflected a 9.6% decrease in activity when compared to March’s report.

In a breakdown of the month’s results, iGaming raked in $159.4m in gross receipts. Sports betting during April contributed $36.3m in gross receipts to the combined total. April’s iGaming result, however, did not reach the previous all-time high of $171.8m set in March.

The state’s total online sports betting handle fell by 20.8% when compared to results from March. April’s online sports betting handle reached $322.8m.

Last month, 15 Michigan operators offered players access to online sports betting and iGaming. Michigan operators contributed $31m in payments and taxes to the state during the month. Taxes and payments paid out from iGaming totaled $29.4m, while online sports betting pitched in another $1.6m.

The city of Detroit’s three casinos paid out close to $8.1m in wagering taxes and municipal services in April. Nearly $7.5m was generated from iGaming taxes and fees. Online sports betting chipped in $620,743.

Michigan’s Tribal operators posted a $3.6m in payments in April to governing bodies.

Michigan has been a hotspot for several recent iGaming launches. Both Inspired Entertainment and FanDuel recently agreed to launch iGaming content in the state of Michigan through their continued partnership.

The release will include four Inspired titles. Michigan players will have access to Big Fishing Fortune, Big Santa Fortune, Gold Cash Free Spins and Big Spin Bonus through the upcoming FanDuel launch.

State-by-State

Product Spotlight

Bragg Gaming Group

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
GA HUDDLE #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.