August is the third-best month on record for Michigan’s iGaming and sports betting operators
Wednesday 18 de September 2024 / 12:00
⏱ 1 min read
(Detroit).- Michigan online casinos outperformed expectations. Commercial and tribal operators reported a combined $224.02 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in August. Gross receipts increased 1.4% compared to last month.
Licensed operators in that gaming vertical in Michigan recently reported their strongest August on record and third-best total for any month to date. With that, the current fiscal year continues its strong start.
Michigan online casinos reveal lucrative August
According to a news release from the Michigan Gaming Control Board, regulated online casino play produced almost $196.7 million in gross win during August. That’s a 22.6% increase compared to the previous high for MI gaming revenue in August 2023.
All-time, that total is only short of March and May of 2024. In March 2024, MI casinos won nearly $215.2 million, and $198.6 million in May from players.
After taking allowable deductions, licensees owe the state about $36.5 million in taxes on online casino revenue. Likewise, that’s the third-highest monthly total ever in Michigan in that regard.
Not all of them will contribute to that total equally, though.
Usual suspects lead the way in August
For the month, BetMGM Casino was again the market leader in Michigan. BetMGM accounted for almost 27.7% of adjusted gross revenue during August.
Following them are FanDuel and DraftKings, respectively, as is usually the case. Those are the only three operators whose shares accounted for more than 20% of the whole.
To put August in further context, Michigan online casino win has surpassed $190 million in five of the past six months now. June is the only outlier in that stretch.
Categoría:Reports
Tags: Sin tags
País: United States
Región: North America
Event
SiGMA North America 2026
01 de September 2026
LatAm Regulators Discussed Illegal Gambling and Innovation at SiGMA North America
(Mexico City, SoloAzar Exclusive).- The panel "The Red Pen Forum: Regulators Respond to the Industry," held during SiGMA North America 2026, brought together representatives from Uruguay, Argentina, Puerto Rico, and Honduras to analyze regulatory challenges, digital transformation, illegal gambling, and the need to adapt lotteries for new generations. The conference was moderated by Rodrigo Cigliutti, Executive Director of CIBELAE (Ibero-American Corporation of State Lotteries and Betting), and featured the participation of Marcelo Visconti, National Director of Lotteries and Quinielas of Uruguay; Carlos Moyano, President of IAFAS Entre Ríos, Argentina; Heidi Hernández Olivo, Deputy Secretary of the Puerto Rico Lottery; and Lissa Mencía, General Director of Lottery Operations and Games at Loto Honduras.
Monday 28 Sep 2026 / 12:00
SiGMA North America Addressed Crisis Management in iGaming
(Mexico, SoloAzar Exclusive).- During SiGMA North America 2026, Rosa Ochoa, founder of the Blue Global Gaming platform and strategic advisor for gaming operators; Iliana María Pineda Echeverri, Chief Legal & Compliance Officer at Wplay.co; Iraid Rosales, Country Manager Mexico at Amusnet; and Elizabeth Maya Cano, Executive President of CORNAZAR, analyzed the key factors in managing crisis situations within the iGaming industry, with a special focus on transparency, communication, technology, and preparation.
Friday 25 Sep 2026 / 12:00
Affiliates and Acquisition: Keys to Regulated Markets in North America
(Mexico City, SoloAzar Exclusive).- During SiGMA North America 2026, Cristopher Guzmán Reyes, Head of Affiliates at Logrand Entertainment Group; Guga Júnior, influencer and slots expert at Scalar Partners; Andrés Gómez, Head of Latin America Go-to-Market Strategy at Admattic; Yambot Aguilera, Gaming and Finance Sales Director at Google; and Paula Gabriel Jiménez, Advertising Client Growth Director for Microsoft at Aleph, analyzed the state and provincial affiliate ecosystem in North America, as well as the acquisition challenges in regulated markets.
Thursday 24 Sep 2026 / 12:00
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