Michigan Sports Betting Retail Numbers Get Big Football Bump in September

Michigan Sports Betting Retail Numbers Get Big Football Bump in September
By Shelby Dermer
Fact Checked by Michael Peters

Football is king; there’s no doubt about that.

On Thursday, Michigan released its sports betting figures for September and the perceived bump the state would get with the beginning of regular-season NFL games and a full month of college football was felt in a big way.

In September, retail Michigan sports betting saw better than a 50% month-to-month increase in combined handle, total qualified adjusted gross receipts and state wagering tax.

On the casino side, Michigan had a slight decrease in adjusted gross receipts compared to August. Detroit’s three casinos also saw a slight dip in total adjusted revenue.

Michigan Retail Sports Betting Breakdown

In sports gambling, Michigan had a combined retail betting handle of just over $18.5 million, which was up 68.9% from August, when the handle narrowly eclipsed $11 million. 

Michigan did report another increase in revenue from sports betting, with total qualified adjusted gross receipts netting over $2.5 million, a 56.3% increase from August ($1.6 million), which was a 32.2% increase compared to July. 

For money collected by the government, Michigan’s September state wagering tax was $98,257, a 56.3% month-to-month increase from August ($62,856). The September City of Detroit wagering tax had a near similar bump from August, increasing 56.4% to $120,091.

MI sports betting apps took in $218.79 million in August. September numbers will be released later this month.

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Michigan Casino Revenue Dips Once Again

For the third consecutive month, the three Detroit Casinos reported a decrease in revenue (total adjusted gross receipts). 

The MGM Grand Detroit, Motorcity Casino and Greektown Casino netted $100.8 million in September, which was down 3.8% compared to August (104.4 million). This marks the third consecutive month with a decline in revenue after the trio of Detroit casinos reported nearly $106 million in revenue in July. 

The MGM Grand Detroit ($48,411,612) and Motorcity Casino (31,327,360) each reported a decline in revenue for the second-straight month while the Greektown Casino ($21,079,038) reported declining revenue for the first time since June. 

The September state wagering tax for Michigan casinos was just over $8.1 million, a 3.5% drop from August ($8.4 million). The city wagering tax was down 24.5% at $12.4 million, compared to over $16.5 million in August.

Michigan online casino revenue for September will be released later this month. In August, the state’s iGaming adjust gross receipts climbed slightly from the month before.

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Contributors

Shelby Dermer is a reporter for GreatLakesStakes.com. Shelby has been a sports reporter for the Cincinnati Enquirer for the last five years and now lends his expertise to the Michigan sports betting market. He grew up in Waynesville, Ohio, and graduated from Ohio University.

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