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outliermedia.org

How much money Detroit casinos lost during last year’s strikes

The financial impact of this past fall's Detroit casino workers' strikes is clearer with the release of new earnings figures. Workers walked away with wage and benefits gains without causing much long-term impact on the casinos' revenue. City of Detroit Deputy Chief Financial Officer and Budget Director Steve Watson said in a statement to Outlier…
Finance
How much money Detroit casinos lost during last year’s strikes
outliermedia.org

The Detroit casino workers strike, explained

Kolada Richardson returned to work cleaning hotel rooms at Detroit's MGM Grand in May 2021 after more than a year off the job. When the casinos closed because of the COVID-19 pandemic, she weathered unemployment only to find that her job had gone from tough to brutal. Many of her coworkers didn't return, and the hotel was short-staffed. Ten-hour…
Finance
The Detroit casino workers strike, explained
The Verge

MGM ‘cybersecurity issue’ shuts down slot machines and ATMs in Las Vegas casinos

A "cybersecurity issue" at MGM Resorts has forced the famous hotel and casino company to shut down many of its systems, according to a statement the company posted just before noon ET on X (formerly Twitter). MGM replaced its homepage with a message apologizing for the site's outage and providing a list of concierge phone numbers at several…
Land-based
MGM ‘cybersecurity issue’ shuts down slot machines and ATMs in Las Vegas casinos
The Detroit News

Online gambling brought in nearly $196 million in Michigan in April

Online casinos and sports betting operators in Michigan reported a combined $195.7 million in revenue in April, down 9.6% from the previous month. For the month, online casinos generated $159.4 million in revenue while online sports betting brought in $36.3 million, according to numbers released Tuesday by the Michigan Gaming Control Board. The…
Finance
Fox 17

IN-DEPTH: "Hidden Addiction" in spotlight one year after internet gambling legalized in MI

GRAND RAPIDS, Mich. - Gambling is nothing new to the state of Michigan. It started with horse racing in 1933, before eventually expanding to casinos with card games and slots, and, in 2020, sports. Then, one year ago, the Michigan gambling industry went all in. Lawmakers gave the green light to gamble online in January 2021, helping the state hit…
Law
The Detroit News

Michigan's online casinos set new record in April

Michigan's online gambling operators brought in $163.1 million in April, essentially flat compared to March results - but the month brought a new record for online casinos in the state. Internet gaming generated a record $132.4 million in revenue last month, surpassing the previous record of $131.7 million set in March, according to figures…
Tournaments
Michigan's online casinos set new record in April
1240 WJIM

Michigan's Old Casinos Weren't What You're Led To Believe

I'll tell ya right off the bat: for most people under thirty, a "casino" is where you go to gamble, play slot machines, lose money, make a few bucks then lose it all, etc. But back in the 20th Century, the word'casino' meant something entirely different. Other terms used for a casino were pavilion, dance hall, music hall, club house, honky-tonk,…
Finance
Michigan's Old Casinos Weren't What You're Led To Believe
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Casino City Times

Michigan online casinos set revenue record in March

Gaming News 18 April 2022 (PRESS RELEASE) -- March Madness fueled more than $475 million in online and retail wagers, the largest statewide handle ever for a month without NFL games. Meanwhile, online casino revenue soared past $130 million for the first time, fresh evidence that the segment is still growing rapidly, according to PlayMichigan,…
Finance
Online Poker Report

Soaring Eagle To Open Sportsbook Apr 4, Online Gambling Coming Soon

April 4 is a date that's been getting a lot of coverage in the gambling media. Here at Online Poker Report, you may have seen it the context of the upcoming Ontario online gambling launch. If you're a sports bettor, it's an important date as it marks the final game of the March Madness NCAA basketball tournament. There's at least one more…
Sports
Soaring Eagle To Open Sportsbook Apr 4, Online Gambling Coming Soon
Online Poker Report

Soaring Eagle Looking To Launch Soon As MI's Final Online Casino

Michigan's final online gambling brand may finally hit the market about a year after the Wolverine State launched legal online casino and sports betting. The owner and operator of the state's largest retail casino, Soaring Eagle Casino and Resort, is moving forward on its plans. That means it may be able to launch online gambling in time for…
NFL
Soaring Eagle Looking To Launch Soon As MI's Final Online Casino
TOP CATEGORIES
The Detroit News

Michigan online gambling operators brought in $113.1 million in August

Online gambling operators in Michigan reported $113.1 million in revenue in August, up slightly from July, according to numbers released Thursday by the Michigan Gaming Control Board. Internet gaming brought in $97.2 million in gross receipts last month, the highest monthly total since online gambling launched in January. Internet sports betting,…
Industry
Michigan online gambling operators brought in $113.1 million in August
Fox 17

State tax revenue nears $90M just 6 months after online gambling goes live

Six months after online gambling and sports betting became legal and dozens of online platforms popped up, the state has racked up nearly $90 million in tax revenue. Governor Gretchen Whitmer signed legislation all the way back in December 2019 that would eventually make online casino play and sports betting legal in Michigan. Finally launching at…
Finance
State tax revenue nears $90M just 6 months after online gambling goes live
The Detroit News

Michigan online gambling operators report $114.2 million in June revenue

Online gaming and sports betting operators in Michigan reported $114.2 million in revenues for June, according to figures released Monday by the Michigan Gaming Control Board. Of that total, operators reported $89.2 million in gross receipts tied to internet gaming. Online sports betting operators, meanwhile, netted $25 million and reported a total…
Finance
Michigan online gambling operators report $114.2 million in June revenue
The Detroit News

As bettors flock back to casinos, Detroit venues netted $109M in April

Detroit's three casinos netted nearly $109 million in revenue in April, one year since the start of a coronavirus pandemic-related casino shutdown that wiped out revenues for four straight months in 2020. Even though the casinos continue to operate under capacity limits aimed at stopping the spread of COVID-19, the casinos were not too far off from…
Covid
As bettors flock back to casinos, Detroit venues netted $109M in April
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Online Poker Report

Seven Online Gambling Stories You Can Expect To See In 2021

It has, for most of us, been a very long year. And yet, here we are: Less than 48 hours from shouting "Happy New Year!" Also probably about five days from taking down our old calendars, eight from getting around to putting up new ones, and up to six months from the last time we accidentally date something "2020" and have to correct ourselves. For…
Covid
Seven Online Gambling Stories You Can Expect To See In 2021