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Michigan Online Casino Revenue Takes A Dip For Second Month In A Row

After a winter’s worth of record-breaking months, Michigan’s iCasino market has fallen a bit




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Apparently, Michigan online casino players are spending more time outside in the summer sun, as revenue for the month of June took another step backward, with gross gaming receipts falling to $121.5 million, down nearly 5% from May’s $127.4 million, according to a press release sent out by the Michigan Gaming Control Board.

These numbers come on the heels of April’s record $132.4 million month.

Outside of the pullback, not much changed in the booming Michigan iCasino market, with BetMGM continuing to maintain a stranglehold on the top spot with a $47.2 million month.

FanDuel kept second place for the month with $18.5 million and DraftKings maintained its third place standing with $17.9 million. FanDuel was down a bit from April, but DraftKings ticked up.

Fourth place was BetRivers at $7.6 million.

Fifth place was where there was a shakeup, with Caesars continuing its push up the charts with a $5.9 million month. WynnBET jumped up to sixth with $4.6 million, and Golden Nugget took a big tumble, down to $4.4 million from nearly $6.2 million in May.

The best of the rest is as follows: Barstool at $4.2 million (up from $3.8 million in May), Four Winds at $2.8 million, Stars at $2.4 million, Soaring Eagle at $2 million, Parx $1.7 million, TwinSpires at $471,371, and PointsBet at $414,351. 

For the month, the online casinos paid $22.5 million to the state in taxes, $6 million to the city of Detroit, and another $2.5 million to the tribal operators.

Photo: Shutterstock