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Reports

iGaming and Sports Betting Operators in Michigan Earn $293.5M in Revenue for March

Monday 21 de April 2025 / 12:00

2 minutos de lectura

(Detroit).- Michigan’s commercial and tribal internet gaming operators reported a combined total of $293.5 million in gross receipts from internet gaming (iGaming) and internet sports betting for March. This reflects a 9.3% increase compared to February.

iGaming and Sports Betting Operators in Michigan Earn $293.5M in Revenue for March

Monthly Gross Receipts
iGaming gross receipts for March totaled $260.5 million, up from $222.5 million in February. This marks the highest monthly total since internet gaming began, surpassing the previous record of $248.2 million set in January 2025. Gross sports betting receipts were $33.0 million, down from $46.0 million recorded in the previous month.

Monthly Adjusted Gross Receipts
Combined adjusted gross receipts (AGR) for iGaming and internet sports betting reached $260.7 million in March. Of that total, $246.1 million came from iGaming, and $14.6 million came from internet sports betting. This marks a 17.7% increase in iGaming AGR and a 46.4% decrease in sports betting AGR compared to February. Year-over-year, iGaming AGR rose 26.5%, while sports betting AGR declined 45.3% compared to March 2024.

Monthly Handle
The total internet sports betting handle was $475.1 million in March, a 25.1% increase from the $379.8 million recorded in February.

Monthly State Taxes and Payments
Operators reported submitting $51.4 million in state taxes and payments in March, including:

  • iGaming taxes and fees: $50.5 million
  • Internet sports betting taxes and fees: $874,052

Monthly City of Detroit Taxes and Payments
Detroit’s three commercial casinos reported $13.4 million in wagering taxes and municipal services fees paid to the City of Detroit in March, including:

  • iGaming taxes and fees: $13.1 million
  • Internet sports betting taxes and fees: $281,974

Monthly Tribal Operator Payments
Tribal operators reported $6.0 million in payments made to their respective governing bodies in March.

Additional Information
An detailed revenue distribution table for online gaming and sports betting is available on the agency’s website.

As of March 2025, 15 commercial and tribal operators have been authorized to offer iGaming and/or internet sports betting in Michigan. Currently, 12 operators offer internet sports betting, and 15 offer iGaming. Individual operator results are published on the MGCB website.

 

Categoría:Reports

Tags: Sin tags

País: United States

Región: North America

Event

GAT EXPO CARTAGENA 2025

28 de April 2025

Colombian Olympic Committee, GAT Expo, and Colombian Official Esports Announce Historic Partnership to Promote Esports as an Olympic Discipline in Colombia

(Cartagena) - The Colombian Olympic Committee (COC) and GAT Esports have sealed a strategic partnership to promote esports as part of the country's professional sports ecosystem. The announcement was made at a formal ceremony held at the gaming industry products and services exhibition hall, attended by Marco Emilio Hincapié, President of Coljuegos, COC executives, José Aníbal Aguirre, CEO of GAT Esports, media, and special guests.

Wednesday 30 Apr 2025 / 12:00

GAT Expo 2025: Novelties, technology, innovation, and high-level networking in the magical city of Cartagena

(Cartagena, SoloAzar Exclusive).- Today concludes GAT Expo Cartagena 2025, which has taken place this week with the presence of 23 countries and more than 70 international brands in the historic city of Cartagena de Indias, with its cobblestone streets, flower-filled balconies, and centuries-old walls.

Wednesday 30 Apr 2025 / 12:00

Successful Start to GAT Expo Cartagena 2025, Which Continues with Two Days of Gaming Sector Exhibitions

(Cartagena, SoloAzar Exclusive).- Perfect attendance and strong performance were the highlights yesterday at the GAT Academy conference series at the start of GAT EXPO Cartagena, which continues today and tomorrow with the exhibition of products and services from important companies in the gaming sector, both traditional and online.

Tuesday 29 Apr 2025 / 12:00

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