Michigan commercial and tribal operators reported a total of $257,08 million in gross revenue from Internet gaming (iGaming) and sports betting in March. Gross revenue increased 17,7% compared to February.
Gross receipts in March in iGaming were $215,15 million, the highest amount recorded to date. The previous high was $188,0 million recorded last month. Gross sports betting revenue in March was $41,93 million. Gross sports betting receipts for the month of February were $30,5 million.
Total combined iGaming and Internet sports betting (AGR) gross revenue for March was $221,14 million, including $194,47 million from iGaming and $26,67 million from Internet sports betting, with a 14,9% increase in iGaming and an increase in sports betting of $13,8 million compared to February 2024. Compared to revenues reported in March 2023, iGaming AGR increased 25,8% and sports betting decreased by 15,2%.
Total internet sports betting handle of $480,4 million increased 19,3% from handle of $402,6 million reported in February 2024.
Operators reported submitting $41,1 million in taxes and payments to the State of Michigan during March, including:
- iGaming taxes and fees = $39,4 million
- Internet sports betting taxes and fees = $1,7 million
Detroit's three casinos reported paying the city of Detroit $10,96 million in betting fees and city service taxes during the month of March, including:
- iGaming taxes and fees = $10,3 million
- Internet sports betting taxes and fees = $663,132
Tribal operators reported making $4,7 million in payments to government bodies in March.
