Winners in Michigan’s Online Gambling Launch

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Michigan Online Casinos Get $192.2 Million in Bets for April

The Wolverine State iGaming market did not sustain its upward trajectory in April. The Michigan Gaming Control Board reported that the combined revenue of the 15 licensed operators was $192.2 million for April. The revenue numbers reveal a 10% decline compared to March when the 15 set a monthly record with $215.2 million. The Great Lakes State…

Industry ・ 22 May 2024

Gambling

Michigan Online Casino Set Monthly Revenue Record in February

The upward trajectory of the iGaming market in the Wolverine State is nothing new. However, expectations for February were not high, considering it the shortest month of the year. Still, the 15 licensed pulled together and brought in $188 million in revenue, according to the Michigan Gaming Control Board data. The $188 million combined revenue is a…

Finance ・ 27 March 2024

West Island

Michigan Online Casinos Score Record $209.2M Amid Strike

In a striking turn of events, Michigan's virtual gaming establishments appeared to strike the jackpot last month, coinciding with casino floor dealers and staff waving picket signs instead of playing cards in Detroit. With casino personnel clamoring for enhanced compensation in a spirited November protest, online gambling platforms quietly raked in…

Industry ・ 25 December 2023

US Bets

National Online Casino Revenue Totals $482 Million For June

The six states that offer regulated internet casino gaming combined to generate $482.1 million in gross revenue for the month of June, a 24.3% increase compared to last year. Michigan paced the group with $151 million, with New Jersey Pennsylvania was the only other state to reach nine figures at $135.4 million, while Connecticut, West Virginia,…

Finance ・ 27 July 2023

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Yogonet

Massachusetts gambling revenue totals $160M in April, up almost 5% from March

Massachusetts' casinos and sports betting operators combined to generate just over $160 million in gross gaming revenue (GGR) during the month of April, according to the latest monthly report from the Massachusetts Gaming Commission. Revenue was up by almost 5% on a monthly basis when compared to $152.6 million during March. Of the $160 million in…

Finance ・ 21 May 2023

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 ・ 18 April 2022

WFMZ News

PlayCanada: Online Casino Revenue Will Dwarf Online Sportsbooks

An analysis of U.S. markets shows that online casinos will be a far bigger winner for Ontario after April 4 launch, /PRNewswire/ -- Online casino betting drove 153% more operator revenue and 339% more in tax revenue than sports betting last year in U.S. markets where both are legal, according to a recent analysis by PlayCanada.com, which tracks the…

Sports ・ 31 March 2022

Online Poker Report

Michigan Online Casinos Run Hot During Cold Weather

February may be cold, but it's generally a hot month for online casinos, as it marks the end of NFL season. With March Madness approaching, bettors aren't likely to withdraw their balances. At the same time, they have relatively fewer events to bet on during the window between Super Bowl and the beginning of that NCAA tournament. What better time…

NFL ・ 17 March 2022

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Online Poker Report

2021 Online Casino Revenue Figures Return To Pre-Pandemic Trends

A return to stability following a period of disruption has been the theme of 2021. Particularly in the latter part of the year, most states have seen a decrease in volatility. Growth rates have mostly ranged from flat to high single digit percentages. December was a better month than many recently, so the year finished on a strong note. None of the…

Covid ・ 21 January 2022

Online Poker Report

Connecticut's Online Casinos Made $8.9M In Their First Partial Month

Even accounting for the smaller population, Connecticut's online casino revenue is off to a slow start compared to other iGaming states. Yesterday, the Nutmeg State released its revenue figures for October and its two online gambling operators generated a bit less than $8.9 million in gross gaming revenue (GGR). After promotional deductions, the…

Sports ・ 03 January 2022

Online Poker Report

NJ, PA Exceed One Billion Online Casino Revenue In 2021

The three main online gambling states - NJ, PA and MI - now routinely see monthly online gambling revenue in excess of $100 million. It doesn't take a math degree to work out that this means $1 billion is an easy annual target for each state to hit. The question then is who's first across that line. This year, New Jersey and Pennsylvania both did…

Finance ・ 02 December 2021

Online Poker Report

Evolution's Single Operator Live Dealer Tables Coming To Michigan

Michigan online gamblers now get to pick their favorite brands for live dealer games. At 11 a.m. tomorrow, several online casino operators working with studio provider Evolution Gaming will be able to secure a separate table for their own players. Until now, the same dealer would often be serving customers from several different operators playing…

Live Gambling ・ 08 November 2021

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Online Poker Report

July 2021 Online Gambling Revenue: NJ Back To Setting Records

New Jersey iGaming revenue hit at all-time high in July. Setting such records each month has been the norm for most of the market's history. However, it's more significant this time in that it marks the end of a three month long slump. Collectively, the state's online casinos earned $118685095 in July. The previous record dates back to March, when…

Finance ・ 19 August 2021

PA Online Casino

PA Online Casinos Record Fifth Straight $100M Revenue Month in July

Pennsylvania's new fiscal year began with a bang for PA online casino revenue, bringing in more than $100 million in gross revenue for the fifth straight month. The state's iGaming gross revenue for July was more than $104.5 million, down slightly from $110.7 million in June and the record $111.6 million from March. Taxable online casino…

Finance ・ 21 August 2021

Online Poker Report

Customer Engagement Increasingly Important For US Online Casinos

Last week was a big one for Caesars Entertainment. On Monday, the retail casino behemoth rebranded the US online sports betting slice of its recent acquisition, William Hill. In most states, the former William Hill apps became Caesars Sportsbook. Caesars will fully rebrand the rest of William Hill's US online gambling products in October. What this…

Sports ・ 10 August 2021

Online Poker Report

Pennsylvania Online Casinos See Revenue Drop In June

What goes up must come down. That's the conventional wisdom, anyway. For the most part, however, it hasn't been the case for online casinos, which enjoyed a huge revenue increase last spring when retail casinos shut down due to COVID. The pandemic has been an unprecedented event. While many presumed that the gains would be temporary, there was no…

Finance ・ 20 July 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

Vegas Slots Online

Top US Online Casino Markets by Average Yearly Spend

From the boardwalks of Atlantic City to the bright lights of the Las Vegas Strip, the US has become famous for its casino gambling over the past 100 years. Spurred on by this success, gaming operators have utilized new technology to enhance the options available to gamblers. This ultimately led to the first introduction of iGaming in New Jersey and…

Sports ・ 02 July 2021

Online Poker Report

Pennsylvania Online Gambling Breaks The $100 Million Mark In May

For the US gambling market as a whole, this seems to be a period of consolidation of gains. Casino closures last spring caused online casino and poker activity to skyrocket. With things now starting to get back to normal, it's a positive for the industry simply not to lose those new customers. Pennsylvania is doing a little better than than,…

Poker ・ 28 June 2021

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Five Months In, Michigan Online Casino Market Resembles Big Three Model

In a state that's used to having a Big Three, Michigan's online casino market, at least during the first five months of its existence, has resembled that of the auto industry-with BetMGM leading DraftKings and FanDuel atop a host of smaller operators. Online casino revenue overall remained flat for a third consecutive month with $94.9 million in…

Industry ・ 18 June 2021

Online Poker Report

Pennsylvania Online Gambling Experiences Identical Drop To NJ In April

With COVID-19 protocols loosening and ever-greater numbers of people getting vaccinated, elevated levels of online gambling activity are finally starting to slip. The drop has been slight so far, but could become more pronounced now as COVID cases in the US seem to be on course to reach their lowest levels since the very first weeks of the…

Poker ・ 20 May 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

Online Poker Report

Casinos Beat Sportsbooks Two-To-One In Online Channel Revenue

In states with both legal iGaming and online sports betting, the former is king. Online casinos - with a bit of help from poker rooms - reliably produce more than twice as much revenue as sportsbooks. This March, iGaming yielded more than $300 million in revenue for Michigan, New Jersey, Pennsylvania and West Virginia, according to reports from…

Sports ・ 07 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