Michigan iGaming, Sports Betting Operators Report Combined $190.2 Million October Total Gross Receipts

DETROIT, MI – Michigan commercial and tribal operators reported combined total gross receipts and gross sports betting receipts of $190.2 million during October. Receipts increased 7.7% compared with September results of $176.5 million.

Internet gaming gross receipts for October were a Michigan record $141 million. The previous internet gaming gross receipts monthly record of $132.4 million was set in April 2022. Internet gaming gross receipts rose 9.5% compared with September receipts of $128.7 million.

Gross sports betting receipts were $49.2 million compared with $47.8 million in September for a 2.9% increase.

Combined total adjusted internet gaming gross receipts and adjusted internet gross sports betting receipts were $158.5 million, including $126.7 million from internet gaming and $31.8 million from internet sports betting. Monthly internet gaming adjusted gross receipts were up $10.9 million or 9.4%, and internet sports betting adjusted gross receipts increased by $4.6 million or 16.9% compared with September results.

Compared with October 2021, internet gaming adjusted gross receipts jumped 28% or $27.7 million, and internet sports betting adjusted gross receipts increased 577.9% or $27.1 million year over year.

Total internet sports betting handle at $480.8 million rose 31.9% compared with the September handle of $364.5 million.

The operators submitted $28.2 million in taxes and payments to the state of Michigan during September including:

  • Internet gaming taxes and fees: $26.3 million
  • Internet sports betting taxes and fees: $1.9 million

The three Detroit casinos reported paying the city of Detroit $7.8 million in wagering taxes and municipal services fees during October including:

  • Internet gaming taxes and fees: $6.9 million
  • Internet sports betting taxes and fees: $852,875

Tribal operators reported making $3 million in payments to governing bodies.

During the first 10 months of 2022, aggregate internet gaming adjusted gross receipts totaled $1.2 billion, and aggregate internet sports betting adjusted gross receipts were $163.2 million.

An online gaming and sports betting revenue distribution table is available on the agency’s website.

During September, one tribal operator ceased offering internet gaming, reducing the number of internet gaming operators to 14. A total of 15 commercial and tribal operators offered internet sports betting. Details for each operator’s internet gaming and internet sports betting results are available on the MGCB website.