Their revenues so far are impressive, but only a third of BetMGM’s, sitting at $135,087,503. The not-so close second is the Bay Mills Indian Community, who share their license to DraftKings online casino. They lead the charts by a country mile, recording $333,149,007 in gross receipts so far. FanDuel’s revenue so far sits at $2,216,355 and DraftKings’ is at $4,224,606.īack to casinos, the most successful Internet gaming operator in Michigan is MGM Grand Detroit, the company behind BetMGM Online Casino. We anticipate that Michigan’s revenues and wagering tax information statistics will keep improving until the end of the year.įantasy Sports are doing well also, with FanDuel and DraftKings leading the charts.

The total sports handle, meaning actual money wagered, is over $2,500,000,000. In 2022, up to and including July, the total gross betting receipts amount to over $188,000,000. When we consider sports betting, the numbers are just as impressive. It’s not online casinos alone that bring in gaming revenue to Michigan. If we compare Michigan to New Jersey, where online casinos are legal since 2013, the revenue difference is only about 10% so far in 2022. These numbers are more impressive when we consider that Michigan legalized online casino gambling in 2021. It’s far better when players have the option of safe online casinos in their home state, rather than having to resort to murky offshore sites, a problem which persists even today. The revenue statistics show that everyone can benefit from legalization and sets an example that different states should follow. Up to this point, the state’s online casinos have paid $24,137,470 in tax alone. The total gross receipts revenue in 2022, up to and including July, is $883,638,698. The latest released report, in July, shows it was the state’s most successful month yet revenue-wise. And most of these Michigan online casinos are reviewed at sites like .Ĭompared to previous year, Michigan’s Internet gaming revenue has risen by 34%. Online casino gaming is booming across the States, and another proof of that is the exponentially rising trend in Michigan – one of the latest states to legalize online casino gambling and sports betting. Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News, Fantasy Sports, Michigan Betting on sports futures, props and lay bets.

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