Detroit

Michigan's iGaming and Sports Betting Revenue Skyrockets to Record Highs in November

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Published on December 17, 2024
Michigan's iGaming and Sports Betting Revenue Skyrockets to Record Highs in NovemberSource: Facebook/Michigan Gaming Control Board

Michigan's iGaming and sports betting revenues hit a record $284.3 million in November. This was a 12.1% increase compared to the previous month, according to the Michigan Gaming Control Board.

In November, Michigan's iGaming earnings reached $226.0 million, breaking the previous record of $220.7 million set in October. Sports betting also saw a big jump, rising to $58.3 million from $33.0 million the month before. Total wagers on online sports betting hit $650.2 million, up 16.0% from October. The state collected $44.4 million in taxes and fees, including $42.5 million from iGaming and $1.9 million from sports betting, as reported by the Michigan Gaming Control Board.

Detroit’s casinos generated $11.2 million in taxes and fees, with $10.6 million from iGaming and the rest from sports betting. Tribal operators paid $5.2 million to their governing bodies. Michigan has 15 licensed operators for iGaming and sports betting, with 12 offering sports betting. People who need help with gambling can contact the National Problem Gambling Helpline or use Michigan’s Responsible Gaming resources. More details are available on the Michigan Gaming Control Board website.