Michigan commercial and tribal operators post $175.4m in August revenue

September 20, 2023
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Total revenue dropped slightly when compared to results from July.

The Michigan Gaming Control Board has published its gambling results for the month of August. Both Tribal and commercial operators reported a combined total of $175.4m in sports betting and iGaming revenue during the month.

Total gross receipts in August reflected a 0.4% decrease when compared to gambling results from July. In a breakdown of revenue results, iGaming yielded $152.2m in gross gaming receipts, while statewide sports betting brought in $23.2m in gross gaming receipts.

Sports betting adjusted gross receipts (AGR) in August reached $15.9m. Total AGR from iGaming for the month totaled $137.2m. Total iGaming AGR during August grew by 16.8% year-over-year, while sports betting AGR fell by 1.3%.

Michigan’s August sports betting handle grew by 8.8% when compared to results from July to reach $218.5m.

State operators reported that they submitted $29.7m to the state in taxes for the month. Operators contributed $28.6m in taxes from iGaming and chipped in another $1.1m in taxes and fees from internet sports betting.

Michigan has three casinos located within the city of Detroit. The state’s three Detroit casinos brought in $104.9m in monthly aggregate revenue during the month.

Retail sports betting from all three casinos contributed $322,186 to the overall revenue total. The other $104.6m came from slots and table games.

All three casinos posted that they paid $7.3m in wagering taxes and municipal services fees to the city during the month of August. Taxes from iGaming totaled $6.9m, while another $368,596 in taxes and fees came from internet sports betting from Michigan’s casinos.

Tribal operators said they contributed $3.6m in payments to governing bodies during August.

State-by-State

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