Michigan’s commercial and tribal operators reported a combined total internet gaming gross receipts and gross sports betting receipts of $264.2 million in December, showing a 7.1% decrease compared to November.
Monthly Gross Receipts:
- December iGaming gross receipts reached an all-time high at $244.0 million, surpassing the previous high of $226.0 million recorded in November 2024.
- December gross sports betting receipts were $20.2 million, a significant drop from $58.3 million in November.
Monthly Adjusted Gross Receipts:
- Combined total for iGaming and internet sports betting adjusted gross receipts in December was $219.9 million:
- iGaming adjusted gross receipts: $219.6 million, an 8.0% increase from November 2024.
- Internet sports betting adjusted gross receipts: $267,881, a 99.3% decrease compared to November 2024.
- Compared to December 2023, iGaming AGR increased by 34.5% while sports betting dropped by 99.2%.
Monthly Handle:
- Total internet sports betting handle was $597.7 million, down by 8.1% from $650.2 million in November 2024.
Monthly State Taxes/Payments:
- Operators reported $46.1 million in taxes and payments to the State of Michigan:
- iGaming taxes and fees: $45.9 million
- Internet sports betting taxes and fees: $214,291
Monthly City of Detroit Taxes/Payments:
- The three Detroit casinos paid $11.4 million in wagering taxes and municipal services fees:
- iGaming: $11.4 million
- Internet sports betting: $0, due to negative gross receipts.
Monthly Tribal Operators’ Payments:
- Tribal operators reported $5.7 million in payments to governing bodies.
Annual Figures for 2024:
Annual Gross Receipts:
- Combined iGaming and sports betting gross receipts totaled $2.9 billion:
- iGaming: $2.4 billion
- Internet sports betting: $460.5 million
- 23.8% increase over 2023.
Annual Adjusted Gross Receipts:
- Combined adjusted gross receipts were $2.4 billion:
- iGaming: $2.2 billion
- Internet sports betting: $194.4 million
- Representing a 22.3% increase over 2023.
Annual Handle:
- Total handle for 2024 was $5.3 billion.
Annual State Taxes/Payments:
- The operators paid $466.1 million in taxes and payments:
- iGaming taxes and fees: $451.4 million
- Internet sports betting taxes and fees: $14.7 million
Annual City of Detroit Taxes/Payments:
- The three Detroit casinos paid $118.86 million in wagering taxes and municipal services fees:
- iGaming taxes and fees
