Michigan Online Sports Gambling, Online Casino Numbers Fall in June

Michigan Online Sports Gambling, Online Casino Numbers Fall in June
By Bill Ordine
Fact Checked by Ron Fritz

Much like a number of sportsbooks around the country, the Michigan sports betting financial numbers for June saw decreases in both handle and revenue from the previous month.

For June, the total sports betting handle was $292.4 million, a decrease of 17.9% from May ($356.1). Compared to the same month in 2021, June’s handle was an increase of 12.5%. Michigan online casinos also saw a decline, but not nearly as much as sports betting.

The slide in handle was more pronounced for Michigan sports betting apps, where the decrease from May was 19% ($270 million total online handle) while the dip at the retail sportsbooks was just 1.7% from the May handle.

However, more than 92% of the total sports wagering handle came from internet wagering so, the fall-off on the online side had far more impact in Michigan gambling.

It was in revenues where there was a far more dramatic slide. Michigan’s June total adjusted sports betting Gross Gaming Revenue was $5.47 million ($5.02 million online, $448,703 retail), which was down 77.8% from May ($24.84 million), and also down 71.2% from June 2021 ($19.1 million).

Correspondingly, June’s total sports betting state tax was also down substantially — $346,756 ($328,954 online, $17,802 retail), down 70.8% from May (almost $1.19 million).

Michigan Sports Betting, June vs. May

Total handle Mobile handleRevenue (GGR)
June$292.389M$270.010M$5.471M
May$356.130M$333.363M$24.843M
Change Down 17.9% Down 19% Down 77.8%

Online Casino Also Down

Online casino gaming was also down for June in Michigan, but the decrease was much more modest. June’s adjusted gross receipts for iGaming was $109.4 million, down 4.6% from May ($114.7 million) but up 65.3% from June 2021. In general, from the operator’s perspective, casino games are less volatile in terms of revenue than sports wagering.

The state benefitted from the more consistent iGaming performance collecting $22.5 million in taxes from internet casino gambling, in addition to the nearly $347,000 from online sports wagering.

The three Detroit casinos reported paying the City of Detroit $6.3 million in wagering taxes and municipal services fees during June with the bulk coming from iCasino action. The breakdown was $6.1 million in internet gaming taxes and fees, and $201,320 in internet sports betting taxes and fees.

How Did the Sportsbooks Do?

Returning to online sports gambling, among the highest handle online sports wagering operators, DraftKings Michigan saw an increase in handle for June while FanDuel and BetMGM had declines.

The June online handle figures for the top three were: FanDuel (MotorCity Casino), $79.1 million compared to $99.4 million in May; DraftKings (Bay Mills Indian Community), $71.7 million compared to $69.1 million in May, and BetMGM Michigan (MGM Grand Detroit Casino), $58.6 million compared to $79.9 million in May.

During June, 15 operators were authorized for both forms of online wagering, casino and sports, according to the Michigan Gaming Control Board. Many were offering Michigan sportsbook promo codes.

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WRITTEN BY
GreatLakesStakes.com
Bill Ordine
Bill Ordine was a reporter and editor in news and sports for the Philadelphia Inquirer and Baltimore Sun for 25 years, and was a lead reporter on a team that was a finalist for the Pulitzer Prize in Breaking News. Bill started reporting on casinos and gaming shortly after Atlantic City’s first gambling halls opened and wrote a syndicated column on travel to casino destinations for 10 years. He covered the World Series of Poker for a decade and his articles on gaming have appeared in many major U.S. newspapers, such as the Los Angeles Times, Chicago Tribune, Miami Herald and others.
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Bill Ordine was a reporter and editor in news and sports for the Philadelphia Inquirer and Baltimore Sun for 25 years, and was a lead reporter on a team that was a finalist for the Pulitzer Prize in Breaking News. Bill started reporting on casinos and gaming shortly after Atlantic City’s first gambling halls opened and wrote a syndicated column on travel to casino destinations for 10 years. He covered the World Series of Poker for a decade and his articles on gaming have appeared in many major U.S. newspapers, such as the Los Angeles Times, Chicago Tribune, Miami Herald and others.
... Read More
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