Noticias de ultima
  • 12.00 Montenegro's Jan-Oct games of chance revenue up 28% y/y
  • 12.00 AI and Gambling – between logic and luck: UAGC
  • 12.00 Sports Prediction Markets Become the Next Legal Battleground
  • 12.00 SiGMA Central Europe 2025 Closes First Edition with High Attendance and Roman-Inspired Experiences
  • 12.00 Gaming Industry Confidence Rebounds in Q3 2025 as Executive Optimism Rises
  • 12.00 Altenar Unveils new Bet Suggestions Widget to Enhance Player Engagement
  • 12.00 Casino Revenue in Ohio Takes a Hit in September
  • 12.00 Belatra at SiGMA Europe 2025: A Memorable Journey of Innovation, Connection and Celebration
  • 12.00 Thomas Schmalzer from NOVOMATIC AG: "G2E’s 25th anniversary was a milestone not only for the show itself but for the entire gaming industry"
  • 12.00 Types of Bonuses in Online Casino and Sports Betting Platforms + Compliance Landscape: Atlaslive Glossary
Reports

iGaming, sports betting operators report $268.5M in February revenue in Michigan

Wednesday 19 de March 2025 / 12:00

2 minutos de lectura

(Detroit).- Michigan commercial and tribal operators reported a combined $268.5 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in February. Gross receipts decreased 18.9% compared to January.

iGaming, sports betting operators report $268.5M in February revenue in Michigan

Monthly Gross Receipts
February iGaming gross receipts totaled $222.5 million and gross sports betting receipts totaled $46.0 million, which is a decrease from the $83.0 million recorded in January.

Monthly Adjusted Gross Receipts
Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for February were $236.3 million, including $209.1 million from iGaming and $27.2 million from internet sports betting — representing an iGaming decrease of 10.3% and a sports betting decrease of 50.2% when compared to January. Compared to February 2024 reported revenues, iGaming AGR was up by 23.6% and sports betting AGR increased by $14.3 million.

Monthly Handle
Total internet sports betting handle at $379.8 million was down by 31.6% from the $555.2 million handle recorded in January.

Monthly State Taxes/Payments
The operators reported submitting $43.8 million in taxes and payments to the State of Michigan during February, of which:

  • iGaming taxes and fees = $42.3 million
  • Internet sports betting taxes and fees = $1.5 million

Monthly City of Detroit Taxes/Payments
The three Detroit casinos reported paying the City of Detroit $12.1 million in wagering taxes and municipal services fees during February, of which:

  • iGaming taxes and fees = $11.5 million
  • Internet sports betting taxes and fees = $640,249

Monthly Tribal Operators’ Payments
Tribal operators reported making $4.7 million in payments to governing bodies in February.

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

As of February 2025, a total of 15 commercial and tribal operators have been authorized to launch iGaming and/or internet sports betting. Currently, 12 commercial and tribal operators offer internet sports betting, and 15 operators offer iGaming. Details for each operator’s internet gaming and internet sports betting results are available on the MGCB website.

Categoría:Reports

Tags: Sin tags

País: United States

Región: North America

Event

SiGMA Central Europe 2025 Closes First Edition with High Attendance and Roman-Inspired Experiences

(Rome, Exclusive SoloAzar) - The first edition of SiGMA Central Europe in Rome came to a close, leaving a strong impression on the iGaming industry. With thousands of attendees, six pavilions brimming with innovation, and an atmosphere that paid homage to Roman history, the event combined spectacle, networking, and business opportunities. It also yielded key lessons for future editions.

Friday 07 Nov 2025 / 12:00

Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe

(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.

Thursday 06 Nov 2025 / 12:00

SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year

(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.

Wednesday 05 Nov 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO