Noticias de ultima
  • 12.00 Uplatform Aims to Redefine iGaming Success with Networking, Localization, and Customer Journey Mapping
  • 12.00 Sportradar Harnesses AI to Predict Club World Cup 2025 Winner
  • 12.00 Japan requests restrictions on access to overseas online casino platforms
  • 12.00 Recreativos Larriba Elevates Gaming Experience with the Triple Charm Journey by Zitro
  • 12.00 Star, Crown push NSW government to delay limits on cash use in casinos
  • 12.00 Citizens Petition Government to Hold Referendum on Casino Legalisation
  • 12.00 Macau CE downplays impact of satellite casino closures on Gross Domestic Product
  • 12.00 Peru: Latin American benchmark in digital gaming regulation
  • 12.00 Soft2Bet Named Acquisition & Retention Partner and Industry Innovator of the Year by SBC Europe Awards 2025
  • 12.00 Las Vegas Sands considered world’s largest gaming company by Forbes ranking
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

SBC Summit Americas 2025

13 de May 2025

Uplatform Aims to Redefine iGaming Success with Networking, Localization, and Customer Journey Mapping

(Fort Lauderdale, SoloAzar Exclusive).- At SBC Summit Americas, Uplatform emphasized the power of strategic networking, data-driven localization and CJM to help operators thrive in the competitive iGaming market. María, Head of Marketing, shares how understanding regional nuances and focusing on overlooked player touchpoints can elevate brands from mere presence to lasting trust. Dive into her insights on industry trends, innovation, and why creativity is a rare gem in expos.

Monday 16 Jun 2025 / 12:00

ProntoPaga Drives the Fintech Revolution with SmartPIX and SmartRouting in LATAM

(Fort Lauderdale, SoloAzar Exclusive).- Evans Concha, CTO and Founder of Pronto Paga, shared the main innovations launched this year and how they impact the regional fintech industry. With a firm commitment to new technologies and cybersecurity, the company is positioning itself as a leader in the sector. Discover how it is redefining the future of digital payments in this article.

Friday 13 Jun 2025 / 12:00

Pay4Fun consolidates its position as a 100% Pix Payment Gateway and expands its reach in LatAm

(Fort Lauderdale, SoloAzar Exclusive).- Pay4Fun strengthens its position as a 100% Pix payment gateway with direct integration with the Central Bank, guaranteeing maximum security and efficiency in transactions. At SBC Summit Americas, Leonardo Baptista highlights the role of networking and innovation in an environment where technology and regulation are key. Discover how Pay4Fun is shaping the future of digital payments.

Thursday 12 Jun 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