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Michigan's February 2025 iGaming and sports betting revenue18 March 2025(PRESS RELEASE) -- Michigan commercial and tribal operators reported a combined $268.5 million total internet gaming gross receipts and gross sports betting receipts in February. Gross receipts decreased 18.9% compared to January. Monthly Gross Receipts February iGaming gross receipts totaled $222.5 million and gross sports betting receipts totaled $46.0 million, which is a decrease from the $83.0 million recorded in January. Monthly Adjusted Gross Receipts Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for February were $236.3 million, including $209.1 million from iGaming and $27.2 million from internet sports betting — representing an iGaming decrease of 10.3% and a sports betting decrease of 50.2% when compared to January. Compared to February 2024 reported revenues, iGaming AGR was up by 23.6% and sports betting AGR increased by $14.3 million. Monthly Handle Total internet sports betting handle at $379.8 million was down by 31.6% from the $555.2 million handle recorded in January. Monthly State Taxes/Payments The operators reported submitting $43.8 million in taxes and payments to the State of Michigan during February, of which: - iGaming taxes and fees = $42.3 million - Internet sports betting taxes and fees = $1.5 million Monthly City of Detroit Taxes/Payments The three Detroit casinos reported paying the City of Detroit $12.1 million in wagering taxes and municipal services fees during February, of which: - iGaming taxes and fees = $11.5 million - Internet sports betting taxes and fees = $640,249 Monthly Tribal Operators’ Payments Tribal operators reported making $4.7 million in payments to governing bodies in February.
Michigan's February 2025 iGaming and sports betting revenue
is republished from Online.CasinoCity.com.
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