Earlier this month, the figures for retail Michigan sports betting in August were released, reporting an increase in revenue for the sportsbooks of $1.66 million.
On Tuesday, the Michigan Gaming Control Board released its full August figures for online sportsbooks in the state, as well as iGaming. Across the board, Michigan had an increase in sports betting handle, mobile sports betting, total adjusted sports betting Gross Gaming Revenue (GGR) and sports betting state tax.
iGaming gets slight boost
Last month, Great Lakes Stakes reported a 7.1% increase in July for adjusted gross receipts for Michigan online casinos to $117.2 million, up from $109.4 million in June.
In August, Michigan online casinos had a smaller increase in adjusted gross receipts for iGaming to $117,406,719, a 0.3% month-to-month growth.
iGaming includes online casino games like slots and table games such as roulette and blackjack.
Michigan online casinos are among the few states where it is legal, along with Pennsylvania, New Jersey, Delaware, Connecticut and West Virginia.
Those states, plus Nevada, also have online poker.
Month-to-month increases in several categories
August marked the return of Michigan NFL betting as well as college football. It also has the ongoing MLB season and WNBA playoffs. Those options generated a solid August for Michigan with several bumps in numbers compared to July and in year-to-year figures from 2021.
Michigan reported a total sports betting handle in August of $229,797,476, which was a 2.1% increase from July and a 10.1% increase from August 2021.
A big reason for the increase came from mobile sports betting, which produced an August handle of $218,793,723, a 6.2% increase from July and a 13.8% rise from August 2021.
While mobile numbers boomed in the Great Lakes State, retail numbers posted the only decrease in August. Michigan reported a retail sports betting handle of $11,003,753, which was down 41.7% from July (nearly $19 million) and a 32.4% drop from August 2021 (over $16 million).
Once again, the MGM Grand Detroit led Michigan’s three casinos in total adjusted revenue with more than $50 million. MotorCity Casino reported $32.3 million in total adjusted revenue and Greektown Casino was the only one of the state’s casinos to see an increase in month-to-month numbers, reporting $21.8 million (up from $19.8 million in July).
Furthermore, online wagers anchored Michigan’s $16.1% month-to-month increase in adjusted sports betting gross gaming revenue, which totaled $17,760,900, with more than $16 million coming online. That figure was a 9% increase in year-to-year figures.
Lastly, sports betting state tax in August was just over $1 million, a 22% bump from July ($862,970). Slightly over 94% percent of the total sports betting state tax was from mobile ($989,621) with just $62,856 coming from retail.
GreatLakesStakes.com will keep you posted on state revenue reports as well as provide the top MI sportsbook promo codes.