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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

Peru Gaming Show 2025

18 de June 2025

Facephi presented its digital identity verification solutions for the online gaming sector in Peru at PGS 2025

(Lima, SoloAzar Exclusive).- Facephi is consolidating its position as a strategic partner for responsible online gaming in Peru, presenting advanced identity verification, fraud prevention, and regulatory compliance solutions at PGS 2025, adapted to an increasingly digital and demanding ecosystem. In this interview, Bruno Rafael Rivadeneyra Sánchez, the firm's Identity Solutions Senior Manager, explores how its technology is redefining gaming security standards, with a preventative, seamless, and 100% regional approach.

Friday 18 Jul 2025 / 12:00

From PGS 2025, Win Systems Redoubles its Commitment to Peru: Innovation, Proximity, and Regional Expansion

(Lima, SoloAzar Exclusive).- In a revealing interview, Galy Olazo, Country Manager of Win Systems in Peru, analyzes the company's strategic role in one of the most thriving markets in the region. Its participation in the PGS 2025 trade show not only left its mark with its technological advances, such as the new Gold Club Colors electronic roulette wheels and the WIGOS management system, but also reaffirmed its commitment to the transformation of the sector and its consolidation in Latin America.

Tuesday 15 Jul 2025 / 12:00

Key debate during PGS 2025: Enforcement: Process to ensure compliance (laws, norms, rules)

(Lima, SoloAzar Exclusive).- During the 2025 edition of the Peru Gaming Show, the conference ‘Enforcement: Process to ensure compliance (laws, norms, rules)’ took place, with an international panel of professionals who debated about the current challenges to combat illegal gaming and guarantee the application of the laws in the sector, both in Peru and in the Latam region.

Monday 14 Jul 2025 / 12:00

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