Michigan's Online Casinos Set Another Record in April

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US Bets

Internet Casino Gaming Revenue Totals $634.8 Million In May

Operators in the seven states that offer internet casino gaming combined to generate $634.8 million in gross revenue for May, with all seven generating at least $1 million in taxes for the first time. Rhode Island, which was the most recent state to launch (March), had its first seven-figure inflow into its state coffers after the Rhode Island…

Finance ・ 02 July 2024

US Bets

Michigan Internet Casino Revenue Hits Record $188M In February

for February, fueled by all-time bests from three online gaming platforms for the month. February's figure was a stunning 26.9% rise from the same month in 2023. It was the fourth consecutive month Michigan's online casino platforms had a record revenue haul, a stepladder they began climbing in November with $175.3 million. Operators crossed $180…

Finance ・ 20 March 2024

State of Michigan

Detroit casinos report $82.8M in October revenue

DETROIT, Nov. 14, 2023 - The three Detroit casinos reported $82.8 million in monthly aggregate revenue (AGR) for the month of October 2023, of which $81.7 million was generated from table games and slots, and $1.1 million from retail sports betting. The October market shares were: MGM, 46% MotorCity, 31% Hollywood Casino at Greektown, 23% Table…

Finance ・ 15 November 2023

State of Michigan

Detroit casinos report $101.6M in September revenue

DETROIT, Oct. 27, 2023 - The three Detroit casinos reported $101.6 million in monthly aggregate revenue for the month of September 2023, of which $100 million was generated from table games and slots, and $1.6 million from retail sports betting. The September market shares were: MGM, 44% MotorCity, 31% Hollywood Casino at Greektown, 25% Table Games…

Finance ・ 27 October 2023

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State of Michigan

Detroit casinos report $107.2M in July revenue

DETROIT, Aug. 15, 2023 - The three Detroit casinos reported $107.2 million in monthly aggregate revenue for the month of July 2023, of which $106.7 million was generated from table games and slots, and $477543 from retail sports betting. The July market shares were: MGM, 47% MotorCity, 29% Hollywood Casino at Greektown, 24% Table Games and Slot…

Finance ・ 16 August 2023

State of Michigan

Detroit casinos report $101.5M in June revenue

DETROIT, July 18, 2023 - The three Detroit casinos reported $101.5 million in monthly aggregate revenue for the month of June 2023, of which $101.9 million was generated from table games and slots. Retail sports betting yielded a negative $395606, in large part due to a patron successfully winning $972000 at MotorCity Casino on June 18. The June…

Finance ・ 20 July 2023

State of Michigan

Detroit casinos report $105.6M in May revenue

DETROIT, June 13, 2023 - The three Detroit casinos reported $105.6 million in monthly aggregate revenue for the month of May 2023. Table games and slots generated $104.7 million in revenue while retail sports betting produced revenue of $893732. The May market shares were: MGM, 47% MotorCity, 31% Hollywood Casino at Greektown, 22% Table Games and…

Finance ・ 14 June 2023

Gambling News

Eight Michigan Tribal Casinos See Decrease in Gaming Payments

The 2022 Tribal Gaming Report has shown a 2.2% collective decrease in the reported payments to local entities by Michigan's 23 tribal casinos from 2021. The total payments made by Michigan tribes to local government units was $30.8 million in 2022, down slightly from $31.5 million in 2021. The report also indicated that the factors that impact…

Finance ・ 19 April 2023

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Yogonet

Detroit casinos report $119.2M in gaming revenue during March, driven by online

Detroit's three casinos have reported their March financial results, showing $119.2 million in monthly aggregate revenue. Table games and slots generated $117.8 million, a 2.6% decrease from the same period last year, while retail sports betting produced $1.4 million. As reported by the Michigan Gaming Control Board, market shares during March were…

Finance ・ 14 April 2023

Casino City Times

Detroit casinos report $119.2 million in March 2023 monthly aggregate revenue

Gaming News 11 April 2023 (PRESS RELEASE) -- The three Detroit casinos reported $119.2 million in monthly aggregate revenue in March. Table games and slots generated $117.8 million in revenue, and retail sports betting produced $1.4 million in revenue.Market shares during March were: - MotorCity Casino, 30% - Hollywood Casino at Greektown, 24%In…

Finance ・ 12 April 2023

State of Michigan

Detroit casinos report $119.2 million in March monthly aggregate revenue

Detroit, April 11, 2023 - The three Detroit casinos reported $119.2 million in monthly aggregate revenue in March. Table games and slots generated $117.8 million in revenue, and retail sports betting produced $1.4 million in revenue. Market shares during March were: MGM, 46% Motor City, 30% Hollywood Casino at Greektown, 24% In March 2022, the…

Finance ・ 15 April 2023

Yogonet

Michigan sees February online gambling revenue up Y-o-Y to $170.8M, but slips on monthly basis

Michigan commercial and tribal operators reported combined iGaming and online sports betting gross revenue of $170.8 million during February. While receipts were up 17.6% on a yearly basis, they fell 8.8% compared with January's results of $187.3 million. Internet gaming gross revenue for February was $148.2 million, down 3.6% compared with the…

Industry ・ 24 March 2023

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Our Midland

Online casino games in Michigan show 'zero sign of slowing down'

January was a fourth straight record month for online casino revenue in Michigan, one of the only states with a big online casino market. The Michigan Gaming Control Board reported Tuesday the state's gaming revenue for January 2023. Internet gaming revenue for the month totaled $153.7 million, surpassing the previous monthly record of $152.8…

Games ・ 22 February 2023

Casino City Times

Detroit casinos report $102.8 million in October revenue

Gaming News 14 November 2022 (PRESS RELEASE) -- The three Detroit casinos reported $102.8 million in monthly aggregate revenue in October. Table games and slots generated $100.7 million in revenue while retail sports betting generated a $2.1 million. Aggregate revenue declined nearly 10% compared with $114.1 million in monthly aggregate revenue…

Finance ・ 14 November 2022

State of Michigan

Detroit casinos report $102.8 million in October monthly aggregate revenue

Detroit, Nov. 14, 2022 - The three Detroit casinos reported $102.8 million in monthly aggregate revenue in October. Table games and slots generated $100.7 million in revenue while retail sports betting generated a $2.1 million. Aggregate revenue declined nearly 10% compared with $114.1 million in monthly aggregate revenue reported for October…

Finance ・ 15 November 2022

MiBiz

Analyst: Michigan to ‘almost certainly’ reach $1 billion in revenue in first year of online gambling

Internet casino gaming and sports betting operators in Michigan reached a new benchmark in September, combining for $126.1 million in gross revenue for the month. The Michigan Gaming Control Board released official data this week that detailed the banner month for the state, which first rolled out online gaming and sports betting in late January of…

Finance ・ 15 October 2021

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Online Poker Report

MI Online Casinos Show Their Stability And Synergy In June

Michigan continued to rake in an impressive sum from both its retail and online casinos in June. So it appears as though Michigan is shaping up to be another state which refutes the idea that online gambling cannibalizes retail revenue. Proceeds from both forms of betting held steady in June, even as retail casinos fully reopened on June…

Sports ・ 20 July 2021

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 ・ 19 July 2021

Online Poker Report

MI Online Gambling Market Proceeds Straight Ahead In Its Third Month

Michigan is becoming the benchmark by which online gambling operators are measuring their success. During the fewer than four months since Michigan launched iGaming, the state's seen more than $280 million in revenue in that pair of verticals (online casino and online poker), according to numbers released today by the Michigan Gaming Control Board…

Industry ・ 15 May 2021

Hartford Business

Detroit Casinos Report Nearly $109M in April Revenue

The three Detroit casinos reported $108.98 million in monthly aggregate revenue in April while continuing to operate at limited capacity due to COVID-19. This is down 3.1 percent month-over-month. Table and slot games generated $107.44 million in revenue, and retail sports betting produced revenue of $1.54 million. Through April 30, gaming revenue…

Finance ・ 12 May 2021

Online Poker Report

With $95M In March Revenue, MI Online Gambling Is Hot On PA's Heels

Michigan iGames didn't get going until this January. So Pennsylvania gamblers had a long head start on creating revenue for the commonwealth. Although for the second straight month, Michigan's online gambling revenue ( $95.1 million in March) rivaled Pennsylvania's ( $98 million), even though that state's online casinos launched in July 2019. The…

Finance ・ 07 May 2021

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 ・ 21 October 2022

State of Michigan

Detroit casinos produce $1.29 billion in aggregate revenue during 2021

Detroit, January 11, 2022 - The three Detroit casinos reported $1.294 billion yearly revenue in 2021. Slots generated 77% of revenue at $998.8 million, table games provided 21% of revenue at $268 million and retail sports betting added 2% of revenue at $26.95 million. By comparison, the casinos produced nearly $639 million in aggregate revenue in…

Finance ・ 21 October 2022