Michigan Online Casino Revenue Up, Sports Betting Handle Down in April

Michigan Online Casino Revenue Up, Sports Betting Handle Down in April
By Christopher Boan
Fact Checked by Michael Peters

April was a record-setting month for Michigan online casinos, with $119.3 million in gross receipts.

That total eclipsed the Great Lakes State’s previous record of $118.578 million set last month.

But aside from the iGaming community, April’s figures were down across the board for Michigan, with retail casinos in the state seeing a 3.4% drop in adjusted gross receipts, month-over-month, from $120.928 million in March to $116.855 million in April.

Michigan sports betting was down month-over-month as well, coming in at $396 million (down 17.5% from $479.967 million in March).

Although handle was down, sports betting revenue and taxes generated were up in April. Taxes taken in increased 15.5% to $1.014 million in April, with $944,006 of that coming from online wagering.

Michigan Sports Betting, April vs. March

Total handle Mobile handleRevenue (GGR)
April$396.010M$371.224M$18.569M
March$479.968M$451.613M$16.592M
Change Down 17.5% Down 17.8% Up 11.9%

iCasino Comes Through for State’s Coffers Again

Michigan online gambling continued to get a lift from its iCasino games.

The iCasino sector’s total adjusted gross receipts state record of $119,310,269 generated $24.3 million in state taxes in April. ICasino games have contributed nearly $90 million in taxes over the first four months of the year.

Sports Betting Handle Follows National Trends

The decline in mobile and retail sports betting handle during April, month-over-month, is similar to the declines seen in other markets in the country.

Other states that have reported April wagering revenues — such as New York ($1.644B to $1.396B), New Jersey ($1.1B to $926.946 million) and Indiana ($476.802 million to $360.023 million) — speak to the general post-March Madness betting lull across the country.

FanDuel continues to be Michigan’s market leader in handle. MotorCity Casino’s FanDuel Sportsbook had  $118.4 million in handle in April, although that was down from $140 million in March.

For the second straight month, MGM Grand Detroit’s BetMGM Sportsbook was second in handle in the state. It took in $89.7 million in April.

Bay Mills Indian Community’s DraftKings Sportsbook was third in April with $78 million in handle, down significantly from $102.9 million in March.

quote

Contributors

Christopher Boan has covered sports and sports betting for more than seven years and has worked for publications such as ArizonaSports.com, the Tucson Weekly and the Green Valley News.

Cited by leading media organizations, such as:

Scroll to top