Your Source For Michigan Gaming News

Since 1997, the Michigan Gaming website has been a comprehensive resource regarding gaming in the state of Michigan. This site is an RMC Ventures, LLC publication, with contributions by the original creators of the site, Attorney David Waddell and Gaming Analyst Robert Russell, and additional contributions by Attorney J.J. Burchman.

Mr. Waddell,  Mr. Russell and Mr. Burchman are also associated with Regulatory Management Counselors, P.C., which proactively assists clients in managing regulatory issues in an effort to maximize company profits and avoid legal problems.

Internet gaming and internet sports betting operators reported $42.7 million in gross receipts for the first ten days of operation following the initial launch from January 22 to January 31, according to a press release. Internet gaming receipts were $29.4 million, while internet sports betting receipts were $13.3 million with a total reported handle of $115.2 million.

"Internet gaming operators are off to a good start in Michigan," said Rick Kalm, Executive Director of the Michigan Gaming Control Board ("MGCB"). "The taxes and payments from online gaming will provide funding for K-12 students, the city of Detroit and Michigan tribal communities."

In total, internet gaming and sports betting operators reported $4.4 million in taxes and payments to the State of Michigan during January. Internet gaming operators paid $4.3 million in taxes and payments, while internet sports betting operators paid $111,696. 

The State receives 70% of the total tax from commercial operators and 80% of the total payment from tribal operators for internet gaming. The tax and payment rate ranges from 20% to 28% depending on annual adjusted gross receipts.

For internet sports betting, commercial operators pay 70% of the 8.4% tax rate to the State of Michigan, and 30% to the City of Detroit. Tribal operators pay 8.4% to the State on adjusted gross sports betting receipts. 

The Detroit casinos - MGM Grand Detroit, MotorCity Casino, and Greektown Casino - reported City of Detroit wagering taxes and municipal service fees of $1,379,073 for the month of January, with internet gaming reporting $1,315,049 in taxes and fees, and internet sports betting reporting $64,024. Tribal operators reported $428,615 of wagering payments to the tribal governing bodies.

A revenue distribution table is available on the MGCB website here.

 

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