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Michigan reports April 2023 iGaming and sports betting figures16 May 2023(PRESS RELEASE) -- Michigan commercial and tribal operators reported a combined $195.7 million total internet gaming gross receipts and gross sports betting receipts in April. Gross receipts decreased 9.6% compared to March results. April internet gaming gross receipts totaled $159.4 million and gross sports betting receipts totaled $36.3 million. In March 2023, internet gaming gross receipts were a record-setting $171.8 million, and gross sports betting receipts were $44.6 million. Combined total internet gaming and internet sports betting adjusted gross receipts were $167.9 million, including $143.4 million from internet gaming and $24.5 million from internet sports betting in April 2023. These figures are 7.3% and 22.0% decreases compared to March 2023, but are 20.2% and 46.8% increases, respectively, compared to April 2022 reported revenues. Total internet sports betting handle at $322.8 million was down by 20.8% from the $407.7 million handle recorded in March 2023. The operators reported submitting $31 million in taxes and payments to the State of Michigan during April including: - Internet gaming taxes and fees: $29.4 million. - Internet sports betting taxes and fees: $1.6 million The three Detroit casinos reported paying the City of Detroit $8.1 million in wagering taxes and municipal services fees during April including: - Internet gaming taxes and fees: $7.5 million - Internet sports betting taxes and fees: $620,743 Tribal operators reported making $3.6 million in payments to governing bodies in April. An online gaming and sports betting revenue distribution table is available on the agency’s website. During April, a total of 15 operators offered internet gaming and internet sports betting.
Michigan reports April 2023 iGaming and sports betting figures
is republished from Online.CasinoCity.com.
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