Michigan Sportsbooks Have Slight Decline in Handle Despite Boost Online

Michigan Sportsbooks Have Slight Decline in Handle Despite Boost Online
By Shelby Dermer
Fact Checked by Jim Tomlin

The Michigan Gaming Control Board released its mobile sports betting and casino figures for November on Wednesday.

The mobile Michigan sportsbooks reported a slight increase in sports betting handle (or amount wagered) from October. But the overall handle fell slightly because the amount bet at the state’s retail sports betting locations decreased. The state’s mobile sports betting handle was $479.98 million, which was up 1.3% from November 2021 ($473.83 million) but down slightly from October’s $480.79 million in a month-over-month comparison.

Retail Sports Betting Drops

The numbers from the Michigan Gaming Control Board showed that the state’s combined retail sports betting handle was just over $18.1 million, a 23% decrease from October, when that figure was over $23.5 million. And last month’s retail handle was down 32.1% from November 2021, when it was about $26.7 million.

Michigan’s total sports betting handle was $498,118,042, a 1.2% decrease from October ($504.3 million) and a 0.5% dip from 12 months earlier.

Michigan’s November gross gaming revenue totaled $27.5 million, with the majority of that coming online ($25.65 million). The total adjusted sports betting GGR was down nearly 19% from October ($33.88 million) and nearly 30% from November of last year ($38.79 million).

The state’s total qualified adjusted gross receipts (revenue) at retail sportsbooks also took a month-to-month decline at $1,863,019. That’s an 11.1% drop from the October Michigan sports betting revenue, which was over $2 million. The same 11.1% decrease from October was found in the state’s retail sports betting wagering tax, which was $70,422 in November and $79,182 in October, and the City of Detroit’s wagering tax, which was $86,071 in November and $96,778 in October.

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Michigan Sports Betting, November vs. October

Total handle Mobile handleRevenue (GGR)
November$498.118M$479.981M$27.522M
October$504.337M$480.793M$33.882M
Change Down 1.2% Down 0.2% Down 18.8%

Michigan Online Casinos Report Increase; Retail Dips

The total adjusted gross receipts from online casino Michigan options totaled $130.91 million, which was a 3.3% bump from October ($126.67 million). The total state tax for iGaming in November ($27.1 million) was up 3.2% from October ($26.27 million).

That $130.91 million was the highest mark of the calendar year from the combined totals of 14 operators offering Michigan gambling apps. Hannahville Indian Community ceased doing so on Sept. 6, according to the state’s financial report, but November was the first month in which the facility reported no receipts or taxes paid to the state for iGaming.

Michigan’s retail casinos reported less than a 1% decrease in November compared to its October figures. Those total adjusted gross receipts were just shy of $100 million, compared to $100.7 million in October. The state’s wagering tax was just over $8 million in November, a 0.8% drop from the previous month ($8.1 million). 

The city wagering tax was $12.3 million, a 0.7% decline from October ($12.4 million).

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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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