The Michigan Gaming Control Board revealed this week that the state's online gaming industry grew in terms of revenue during February, with revenues surging 17.6% during the period.
The total is up from 2022, but is down 8.8% from January of this year. Gross receipts were $170.8 million. Online casino revenues were $148.2 million, while sportsbetting revenues were at $22.6 million, up roughly $100,000 from last year.
Adjusted gross receipts were $141.7 million, up 32.9% from last year but down 9.2% from January.
For the month, operators paid $26.9 million in taxes to the state, with $26.3 million coming from casino gaming and $583,263 coming from sportsbetting.
For the year-to-date, the internet gaming industry has adjusted gross receipts of $271.6 million, and online sportsbetting has receipts of $26.3 million.
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