Michigan Online Casinos See Solid Increase in Gaming Revenue for July

Michigan Online Casinos See Solid Increase in Gaming Revenue for July
By Bill Ordine

Michigan saw month-to-month gains for adjusted gross gaming revenue in July for both iGaming, which is online casino games such as slots and table games, and for sports wagering.

The July adjusted gross receipts for Michigan online casinos was $117.2 million, up 7.1% from June ($109.4 million).

The July sports betting adjusted gross gaming revenue was $15.3 million (about $14 million online, almost $1.3 million retail). That was up 179.6% from June ($5.5 million), and also an increase of 12.2% from July 2021 ($13.6 million).

For sports wagering handle, July’s total was almost $225 million, down 23.1% from June ($292.4 million) but last month's figure was up 9.1% from July 2021 ($206.3 million).

Breaking down the sports handle figures, the amount wagered on mobile devices in July was $206.1 million, down 23.7% from June ($270 million), and up 9.6% from July 2021 ($188 million). For retail sports betting, the handle was about $18.9 million, down 15.7% from June (about $22.4 million).

With the sports schedule limited in July, sportsbooks and sports bettors are looking forward to preseason NFL betting in Michigan to help in August, with the regular season beginning in September.

Michigan Sports Betting, July vs. June

Total handle Mobile handleRevenue (GGR)
Change Down 23.1% Down 23.7% Up 179.6%

Michigan Online Casinos Bring Tax Revenue to State

For July internet gambling operations sent $24.9 million to the state with the lion’s share coming from iGaming. The tax contribution from MI sports betting sites was $815,409, but the internet casino gambling brought in $24.1 million. 

In Detroit, which has three commercial casinos, those casinos reported paying the City of Detroit $6.9 million in wagering taxes and municipal services fees during July including $6.5 million in internet gaming taxes and fees and $386,187 in internet sports betting taxes and fees.

Tribal operators reported making $2.7 million in payments to governing bodies.

Although the sports calendar was limited in July, the NFL regular season is just around the corner, so you can expect wagering activity from Detroit Lions fans to pick up on MI sports betting apps.

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A longtime reporter and editor who began writing on casinos and gaming shortly after Atlantic City’s first gambling halls opened, Bill covered the world Series of Poker and wrote a syndicated column on travel to casino destinations for a decade.

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