Online Casinos In Michigan Have A True December To Remember

The online casinos shattered the previous monthly record by nearly 11%
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The online casino market in Michigan had its best month ever — by nearly 11% — in December, according to numbers released Tuesday by the Michigan Gaming Control Board.

The casinos took in over $121.7 million in gross receipts, destroying October’s record of $109.7 million.

In fact, 13 of the 14 online casinos were up month-over-month — with FireKeepers being the lone holdout — and half of all the casinos set their own monthly records.

And once again, BetMGM sat at the top of the heap, bringing in just shy of a whopping $46 million, shattering its previous record of $41.3 million in October.

Coming in a distant second was DraftKings, with $20.1 million (also a record) and FanDuel placed third, with $17.3 million.

Fourth place was BetRivers at $7.9 million, and Golden Nugget continued its strong showing in Michigan with $5.7 million.

WynnBet was next at $4.7 million, followed by Barstool at $4.6 million, Caesars at $4 million, and Stars at $2.9 million.

Bringing up the rear was Four Winds at $2.4 million, TwinSpires at $1.5 million, Parx at $1.3 million, PointsBet at $1.2 million, and Firekeepers at $1.1 million.

The online casinos paid out over $30 million in taxes for the month.

What a year

For the year, the online casinos destroyed expectations, with over $1.1 billion in gross receipts. Legislative estimates predicted a fully mature market of between $400-$600 million.

Overall, the online casinos paid out nearly $201.7 million in taxes to the state in 2021, another $55.2 million to the city of Detroit, and $22.3 million to the state’s tribes.

Photo: Shutterstock

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