The late summer swoon struck Michigan online casinos and their retail counterparts in August, with slight drops in revenue for both during the month.
Overall, online casinos in the Great Lakes State took in a total adjusted gross receipts sum of $137,200,776 in August.
That figure represented a 0.7% drop, month-over-month, from July’s total of $138,225,395 — putting a sour note on the eighth month of the year in Michigan.
Breaking Down August Online Revenue
As far as taxes from online operators were concerned, the state’s operators chipped in $28,611,285 towards the state’s bottom line in August.
That figure represented a 0.4% drop from July’s total of $28,714,020 on Michigan casino apps — putting the finishing touches on the state's online casino report for the month.
The state’s leader in adjusted gross receipts in August was MGM Grand Detroit, at $39,634,779, followed by MotorCity Casino ($29,878,774) and Bay Mills Indian Community ($25,366,560).
As far as retail casinos are concerned, the state’s operators took in $104,577,680 in total adjusted gross receipts in August, down 2.0% from July’s sum of $106,734,148.
Michigan retail casinos chipped in $8,470,792 in state wagering taxes and $16,465,452 in city wagering taxes in August. The former number was down 2.0% from July’s total of $8,645,466; however, the latter figure represented a 29.6% jump from July’s sum of $12,701,364.
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