Commercial and tribal gaming operators in Michigan reported combined gross revenue of $163.1 million in April from online gambling (casino and sports), according to Michigan Gaming Control Board figures.
Revenue from online casinos and online sports betting rose 0.6% from March. The State of Michigan began regulating online gambling in January 2021.
Turnover is lower if operator bonuses and promotional expenses are taken into account.
Combined total adjusted gross revenue was $136 million, including $119.3 million from internet casino gaming and $16.7 million from internet sports betting.
Compared to April 2021, Internet casino adjusted revenue increased by 34.3% and Internet sports betting adjusted revenue increased by 53.5%.
Sports betting win has more variance than iCasino. Total internet sports betting was $371.2 million last month, down 17.8% from March.
Operators submitted $25.2 million in taxes and payments to the state in April, including $24.3 million from online casino games and just under $1 million from internet sports betting .
Detroit’s three casinos said they paid the City of Detroit $7.2 million in betting taxes and municipal service fees in April, including $6.6 million for online casino games and 600 $000 for online sports betting. Tribes don’t pay anything in Detroit.
Tribal operators said they made $2.7 million in payments to governing bodies.
For the first four months of 2022, overall Internet casino adjusted revenue totaled $457.6 million and overall Internet sports betting adjusted revenue was $46.6 million.
During the month of April, 15 operators were authorized for both forms of online betting.