Online Casinos In Michigan Continue To Roll Right Along

Operators came up just short of setting a new monthly revenue record
second place
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Missed it by that much.

The online casino market in Michigan had its second-best month ever in January, according to the Michigan Gaming Control Board. It took in a little over $121.2 million in gross receipts, barely falling short of the record of $121.7 million set in December.

And in the most unsurprising news of the month, BetMGM continued its stranglehold as the dominant force in the Michigan iCasino world, bringing in nearly $43.9 million for the month. 

Perhaps worth noting, however? That number was down from December’s record of $46 million.

Coming in second was DraftKings, with $20.1 million, and FanDuel maintained its third place standing with a $17.6 million month.

Fourth place was BetRivers at $8.2 million, and Golden Nugget cleared its way to fifth place with $6 million.

WynnBet went up to $5.3 million in January from $4.7 million in December, followed by Barstool at $4.9 million, Caesars at $4.4 million, and Stars at $3.1 million.

Rounding out the rest: Parx at $2.2 million (up from $1.3 million), Four Winds at $2.2 million, TwinSpires at $1.3 million, Firekeepers at $1.1 million, and PointsBet at $827,376.

For the month, the online casinos paid $19.1 million in taxes to the state of Michigan, $5.2 million in taxes to the city of Detroit, and nearly $2.2 million to the state’s tribal concerns.

Photo: Shutterstock

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