Michigan Internet Gaming Revenues Hit $97.2 Million in August

This story was published more than 2 years ago.

The Michigan Gaming Control Board announced their August financials for the online betting industry in the Wolverine State, revealing that internet revenues rose to $97.2 million for the period.

The numbers are the all-time record for online wagers. The biggest performer in terms of revenue was the MGM Grand, which had $39.7 million, followed by MotorCity Casino (FanDuel) with $14.2 million, and Bay Mills Indian Community (DraftKings) was third at $12.6 million.

Taxes generated were $17.9 million, the second-highest since January, when online betting launched.

Betting handle was also up 2.3% from July to $192.3 million, with DraftKings leading with $61.4 million, the first time they've taken the lead. MotorCity was second at $47.7 million, and MGM Grand was third at $43.7 million.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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usbarbadosslim93
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20 September 2021 - 6:01pm
#1

They sure are putting a lot of money into advertising here. You can't go anywhere or do anything without being inundated with gambling ads. If they're spending that much, they MUST be making a lot.

sharpe

bgsharpe
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28 September 2021 - 11:50am
#2
Quote:

If they're spending that much, they MUST be making a lot.

I bet they do slim😉

Here is the same, the gambling ads are everywhere, also watching a sport event on telly could become a quite annoying experience because of that.