The Michigan Gaming News Letter

Four Winds Casinos Promotes Raquel Buari to Executive Vice President of Administration

The Pokagon Band of Potawatomi’s Four Winds Casinos announced in  a press release on April 22, 2024  the recent promotion of Raquel Buari, Esq, CCEP to Executive Vice President of Administration. Mrs. Buari has served in a number of positions within Four Winds Casinos leading up to her promotion, including Vice President of Compliance and Senior Vice President of Human Resources and Compliance. In addition to her work history, Mrs. Buari was inducted to Global Gaming Business’s international class of 40 under 40 in 2018 and the Michiana 40 under 40 class of 2022.

Mrs. Buari, the first female executive to hold this position, said, “I would like to thank Mary Smith and the Pokagon Gaming Authority for recognizing my contributions and their confidence in my ability to serve on the casino operations team in this expanded capacity. I look forward to continuing my service to my tribe and supporting the long-term success of Four Winds Casinos.”

Mary Smith, Chief Operating Officer of Four Winds Casinos, commented on Mrs. Buari’s promotion, stating, “We are very pleased to recognize Raquel Buari’s contributions and promote her to the role of Executive Vice President of Administration. In addition to being a long-time member of our casino operations team with a tenure of 16 years, Raquel has demonstrated diverse and valuable expertise in the areas of regulatory management, compliance, policy and produce, ethics, and law.”


SBC Summit North America 2024

SBC Events  posted the Agenda for the fifth edition of the SBC Summit North America 2024. The event will be taking place in New Jersey on May 7-9 of this year.  There will be discussion panels covering a wide range of hot topics within the online betting and gaming industry in the U.S. and Canada. Panelists feature a number of reputable industry professionals including operator leadership teams, product and technology specialists, representatives of tribal and commercial casinos, investors, regulators, legal experts, and more. Some featured panels to look out for include:

May 7- Regulation 2030: Anticipating Future Compliance Challenges

  • Cathy Judd-Stein- Speaker, Massachusetts Gaming Commission
  • Louis Rogacki- Speaker, New Jersey Division of Gaming Enforcement
  • Cole Wogoman- Speaker, National Council on Problem Gambling
  • Behnam Dayanim- Speaker, Orrick Herrington & Sutcliffe LLP
  • James Kilsby- Moderator, VIXIO

 

May 8- Omnichannel effectiveness: from land-based to digital and back

  • Bobby Soper-Speaker, Sun Gaming & Hospitality
  • Oliver Bartlett- Speaker, Vice President of Gaming- Product & Content
  • Nick Patrick- Speaker, Radar
  • Stacey Rowland- Speaker, Genting Americas
  • Jason McCulloch- Speaker, Galaxy Gaming
  • Zoe Ebling- Moderator, AGS

 

May 9- A Tribal Success Story

  • Denise Petoskey- Speaker, Odawa Casino Resort
  • Matt Stemoski- Speaker, Little Traverse Bay Bands of Odawa Indians
  • Raquel Buari- Speaker, Four Winds Casino
  • Robert Russell- Moderator, Regulatory Management Counselors, P.C.

 

May 9- What does regulated betting on video games look like?

  • Seth Schorr- Speaker, Fifth Street Gaming
  • Brett Abarbanel- Speaker, UNLV International Gaming Institute
  • Barbara DeMarco- Speaker, Porzio Government Affairs
  • Michele Fischer- Speaker, SIS Content Services, Inc.
  • Anthony Gaud- Moderator, Regulated Esports and Video Came Committee (NJ)

 

In addition to these panels, attendees can also attend a series of networking parties in upscale NYC and NJ venues as well as the showcase of new sportsbook and iGaming technology in the expo hall. Tickets are available for purchase at this link: SBC Summit North America 2024 – Tickets – SBC Events

Attending SBC Summit North America? Want to connect with RMC?  Click here to  set up a meeting with Gaming Analyst Robert Russell, or attend the panel he is moderating on Thursday, May 9—A Tribal Success Story from 10:30—11:00 a.m. on Stage 3.


ESPN BET’s First Retail Sportsbook Opens at Hollywood Casino at Greektown

Hollywood Casino at Greektown in Downtown Detroit has introduced its newest attraction: the ESPN BET branded sportsbook and restaurant. Spanning 4,500 square feet, this space offers cutting-edge betting technology alongside a dining experience featuring elevated bar food and beverages. It’s the inaugural ESPN BET retail location within the PENN Entertainment portfolio, promising an immersive sports viewing experience with high-tech wagering kiosks, big-screen TVs, and a 30-foot video wall.

“This is an exciting week to debut PENN’s first physical ESPN BET sportsbook as the city of Detroit hosts the NFL Draft and its festivities,” said Hollywood Casino at Greektown General Manager, John Drake. “Bringing ESPN BET to Hollywood Greektown combines PENN’s premier sports media and sports betting offerings to create an amazing atmosphere for fans to watch and bet on sports. To celebrate the opening, we’re thrilled to host ESPN talent and programming at our property throughout the week.”

“We’re thrilled to open the first ESPN BET retail location in Detroit and become part of a community of deeply passionate sports fans. We want fans to come embrace a first-class betting experience and we’re excited to showcase the ESPN BET brand in a contemporary space,” said Mike Morrison, Vice President, ESPN BET and ESPN Fantasy.

The introduction of the ESPN BET sportsbook and restaurant marks a significant milestone for Hollywood Casino at Greektown, blending premium dining options with state-of-the-art sports betting technology to create an unparalleled experience for sports fans in Detroit.


Submit Your Nomination for AGA’s 35th Annual Gaming Hall of Fame

American Gaming Association (“AGA”) is accepting nominations for the 35th annual Gaming Hall of Fame.  For more than 30 years, the Gaming Hall of Fame has recognized leaders who have made significant contributions to the gaming industry.  Consider nominating a leader that has played a role in helping the industry succeed for this highest honor. The deadline for nominations is Friday, May 24. Submit your nomination now using this link.


ELG 40 Under 40 Nominations Are Open

Emerging Leaders of Gaming (“ELG”) is a program that supports today’s young executives on their path to becoming tomorrow’s industry leaders through education, networking, and other career development opportunities. Each year, in partnership with Global Gaming Business magazine, the program sponsors an industrywide search for the most promising of these individuals, called the ELG 40 Under 40.

Are there exceptional individuals in your organization under the age of 40 who you would like to recognize for contributing above and beyond?  The deadline for nominations is August 1, 2024.

Nominate yourself or a colleague today.

The Michigan Gaming News Letter

Michigan iGaming, Sports Betting Operators Report $257.08 Million in March Revenue

As reported by the Michigan Gaming Control Board (“MGCB”), Michigan commercial and tribal internet gaming (“iGaming”) and sports betting operators reported a combined $257.08 million total gross receipts in March.  March receipts increased 17.7% when compared to last month’s results.

March iGaming gross receipts were $215.15 million, the highest to date. Gross sports betting receipts totaled $41.93 million in March.

The combined total adjusted gross receipts of $221.14 million were reported for March, including $194.47 million from iGaming and $26.67 million from internet sports betting – representing an iGaming increase of 14.9% and a 13.8% increase for sports betting when compared to February 2024. When compared to March 2023 iGaming was up 25.8% and sports betting was down by 15.2%.

Total internet sports betting handle was $480.4 million.

The operators delivered $41.1 million in taxes and payments to the State of Michigan during March, with iGaming taxes and fees contributing $39.4 million and internet sports betting taxes and fees contributing $1.7 million.

The three Detroit Casinos – MotorCity Casino, MGM Grand Detroit, and Greektown Casino – reported city wagering taxes and municipal service fees of $10.96 million, with iGaming taxes and fees contributing $10.3 million and internet sports betting taxes and fees contributing $663,132 for the month of March.

Tribal operators reported making total payments of $4.7 million of wagering payments to the tribes’ governing bodies in March according to the MGCB.

An online gaming and sports betting revenue distribution table is available on the agency’s website.

As of March, a total of 15 commercial and tribal operators have been authorized to launch iGaming and/or internet sports betting. Currently, 13 commercial and tribal operators offer internet sports betting, and 15 operators offer iGaming. Details for each operator’s internet gaming and internet sports betting results are available and published on the MGCB website.


ELG 40 Under 40 Nominations Are Open

Emerging Leaders of Gaming (“ELG”) is a program that supports today’s young executives on their path to becoming tomorrow’s industry leaders through education, networking, and other career development opportunities. Each year, in partnership with Global Gaming Business magazine, the program sponsors an industrywide search for the most promising of these individuals, called the ELG 40 Under 40.

Are there exceptions individuals in your organization under the age of 40 who you would like to recognize for contributing above and beyond?  The deadline for nominations is August 1, 2024.

Nominate yourself or a colleague today.


Michigan Gaming Control Board Takes Stand Against Illegal Gaming Operations

In a recent press release from the Michigan Gaming Control Board (“MGCB”), Executive Director Henry Williams underscored Michigan’s commitment to combatting illegal gaming activities both domestically and offshore. At the International Masters of Gaming Law 2024 Spring Conference, Williams emphasized the importance of regulatory cooperation and Michigan’s commitment to upholding gaming laws and fostering a fair gaming environment.

“If people choose to ignore the law and don’t do what’s legal, we’re going to find them and hold them accountable for their actions,” MGCB Executive Director Henry Williams said. “In Michigan, the Michigan Gaming Control Board has made it a priority to do everything we can to protect our state’s citizens from illegal gambling market operators and our legitimate gaming industry from being tarnished by its illegal counterparts. We have a zero-tolerance policy towards illegal gaming activities.”

Williams emphasized the importance of global cooperation in combating illegal gaming activities and advocated for stronger regulatory measures. He highlighted MGCB’s proactive approach in dismantling illegal gambling operations, showcasing results from 2023, including the seizure of 79 illegal gambling machines and convictions of nine individuals.

The MGCB, in collaboration with the Michigan Attorney General’s Office, has been actively pursuing illegal gaming operators to safeguard both citizens and the legitimate gaming industry. Williams stressed the need for transparency, accountability, and compliance within the gaming sector, urging for international collaboration to address the challenges posed by offshore illegal gaming.

Recent actions by the MGCB, such as sending cease-and-desist letters to online gaming companies operating without proper licenses, demonstrate Michigan’s zero-tolerance policy towards illegal gaming activities. The panel discussion, which included speakers from various jurisdictions, highlighted the evolving regulatory landscape shaped by modern communication technologies and emphasized the importance of adapting regulatory frameworks accordingly.

The MGCB encourages the public to report alleged illegal gambling by contacting the agency at 1-888-314-2682 or sending a message to MIGamblingTip@michigan.gov.

The Michigan Gaming News Letter

Industry Professionals and Experts Gather in Tampa for IMGL Spring Conference

The International Masters of Gaming Law hosted its spring conference in Tampa April 10-12. Attendees enjoyed hearing from panels of industry experts over 2 days covering topics ranging from thoroughbred racing, cashless payments, lotteries, emerging markets, to tribal gaming and responsible gaming.

Henry Williams, Executive Director, Michigan Gaming Control Board, spoke on the panel entitled “The need to balance the goals of regulating with the reality of the gaming industry in 2024.”   The program looked at how jurisdictions have been making changes to their regulatory policies to address changes in payment process, technology advancements, and the expansion of iGaming.

IMGL is a not-for-profit association comprising over 300 members globally. Its members are recognized as the leading experts in their jurisdictions and are involved in most material gambling sector developments and issues worldwide.  Its fall conference will be held in Rome October 21-24.  More information about IMGL can be found at imgl.org.


New Trade Association Launches Unprecedented Effort to Strengthen Responsible Online Gaming, Promote Best Practices 

The Responsible Online Gaming Association (“ROGA”) is an independent trade association that was launched on March 27, 2024, according to their public announcement. Member companies include BetMGM, bet365, DraftKings, Fanatics Betting and Gaming, Hard Rock Digital, and PENN Entertainment. Targeting the betterment of the industry as a whole, ROGA believes an effective tool to a more uniform approach to responsible gaming initiatives is collaboration. ROGA operates with a mission focusing on advocating for and establishing:

  • Research
  • Promoting responsible gaming best practices
  • Consumer and industry responsible gaming education and awareness
  • Independent data clearinghouse
  • Independent certification program

 

The effort will be led by the Executive Director Dr. Jennifer Shatley, who said, “I am humbled, honored, and excited to be selected to lead ROGA during this important period of growth in legalized mobile gaming.”

In a recent interview with Global Gaming Business, Dr. Shatley detailed her goals for ROGA, explaining, “Generally speaking, our goal is to promote evidence-based responsible gaming practices across the industry, and to empower players through education and RG programs and tools to ensure gaming remains a fun and recreational experience…”

The plan to achieve these goals is to:

  1. Support and fund independent research on responsible gaming issues
  2. Use research to improve industry advertising and marketing practices
  3. Promote evidence-based research
  4. Establish a responsible gaming effort certification program
  5. Establish an independent database

 

“By coming together with a clear set of objectives, ROGA and our members will work to enhance consumer protections and help provide easier and more efficient access to responsible gaming tools for consumers to enjoy the entertainment of online gaming,” assured Dr. Shatley.


Detroit Casinos Report $123.86 Million in March Aggregate Revenue

According to the March revenues released by the Michigan Gaming Control Board (“MGCB”), the three Detroit casinos reported $123.86 million in monthly aggregate revenue in March. Table games and slots generated $122.26 million in revenue, and $1.6 million from retail sports betting.

The March market shares were:

  • MGM, 46%
  • MotorCity, 31%
  • Hollywood Casino at Greektown, 23%

 

Monthly revenue for table games and slots increased 3.8% when compared to March 2023.

When compared with March 2023 monthly gaming revenue is as follows:

  • MGM, $56.65. million, an increase of 4.1%.
  • MotorCity, $38.35 million, an increase of 7.2%.
  • Hollywood Casino at Greektown, $27.26 million, a decrease of 1.4%.

 

The three Detroit casinos paid $9.9 million in gaming taxes to the State of Michigan in March 2024, compared to $9.5 million for the same month last year.  The casinos also reported submitting $14.5 million in wagering taxes and development agreement payments to the City of Detroit in March 2024.

The three Detroit casinos reported $17.25 million in total sports betting handle and total gross receipts were 1.61 million for the month of March 2024. Retail sports betting qualified adjusted gross receipts (“QAGR”) reported for March was up by 13.2% when compared to the same time last year. Monthly QAGR was up $1.7 million when compared to February 2024.

March QAGR by property were:

  • MGM, $327,857
  • MotorCity, $538,988
  • Hollywood Casino at Greektown, $731,389

 

The three Detroit casinos reported submitting taxes on retail sports betting in the amounts of $60,413 to the State of Michigan, and $73,838 to the City of Detroit for March 2024, based on their retail sports betting revenue.

In addition to reporting revenue from the three Detroit casinos, the MGCB released revenue numbers from fantasy contest operators.

Fantasy contest operators reported total adjusted revenues of $405,342 million and paid taxes of $34,049 during February 2024.

Top revenue generators were:

  • DraftKings, $360,476.51
  • FanDuel, $110,319.93

 

Gaming Hall of Fame Nominations Now Open

The American Gaming Association (“AGA”) has recognized leaders who have distinguished themselves through significant contributions to the gaming industry through the Gaming Hall of Fame for over 30 years.

An independent panel of gaming executives will select the annual Hall of Fame class from the qualified candidates. Inductees are chosen based upon their career achievements, community involvement and innovative contributions to the industry.  Inductees will be notified and announced late summer 2024.

Nominations for the 2024 Gaming Hall of Fame are open through Friday, May 24th.

Submit your nomination today with this link.


Ensuring Compliance in Less Regulated Jurisdictions

The International Association of Gaming Advisors (“IAGA”) presents “Ensuring Compliance in Less Regulated Jurisdictions” as part of the IAGA best practices webinar online education series.

Some of the topics that will be discussed include how to maintain the highest compliance standards and best industry practices in those jurisdictions that have lax or developing regulations, as well as how preventive, effective, and achievable corporate governance controls are established so as not to incur sanctions that jeopardize the licenses of international major operators in their countries of origin with stricter regulations.

Moderator Michael Bonner, a Shareholder with Greenberg Traurig, will be joined by panelists:

  • Same Basile, VP North America Gaming & Licensing, GeoComply
  • Alfredo Lazcano, Partner, Lazcano Samano
  • Stephen Martino, Senior VP & CCO, MGM Resorts International
  • Steve Kastner, VP of Compliance, Play Digital, IGT

 

Register now for the upcoming webinar on Wednesday, May 1 at 8:00 am PST.

The Michigan Gaming News Letter

The Future of Unregulated Gaming to be Discussed at NCLGS Summer Meeting, July 17-20 in Pittsburgh

The National Council of Legislators from Gaming States (“NCLGS”) distributed an updated announcement via email for their Summer Meeting. The NCLGS Summer Meeting will take place on July 17-20 of this year at Rivers Casino in Pittsburgh, Pennsylvania.

NCLGS is an ideologically neutral entity that works to promote the proper regulation of gaming. Their semiannual meetings cater to the goals of legislative decision-makers in the gaming industry. At the most recent past meeting, the Winter Meeting in Fort Lauderdale, more than 300 people attended. In addition to regulators and legislators from across the United States, meetings are open to the public.

This year’s Summer Meeting will focus on the issue of Skill Gaming and its unregulated market, among other pending issues within the industry.

Panelists for the upcoming meeting include:

  • Anthony Gaud, Gaud-Hammer Gaming Group
  • Jeff Morris, Penn Entertainment
  • Kurt Steinkamp, Michigan Gaming Control Board
  • Eric Weiss, Odds on Compliance

 

To register to attend the NCLGS Summer Meeting 2024, click here.


Michigan Gaming Control Board Continues to Combat Casino-Style Machines Used for Illegal Gambling

On April 3, 2024, the Michigan Gaming Control Board (“MGCB”) published a news release to update Michigan residents regarding their recent efforts to combat illegal gambling.

The Michigan gaming industry has been plagued with concern surrounding the presence of unauthorized gambling machines. Unauthorized gambling machines located outside of licensed casinos lack safeguards to protect consumers and can undermine legitimate, regulated gaming establishments.

The MGCB has been, and is continuing to, raise awareness of the presence of these forms of illegal gambling. Their efforts to combat illegal gambling include removing such machines, confiscating and liquidating assets connected to illegal gambling operations, and strategically partnering with other government agencies including the Michigan Attorney General’s Office. By doing so, it is the MGCB’s goal for citizens and business owners to become aware of the consequences of illegal gambling in Michigan.

MGCB Executive Director Henry Williams said, “Thanks to the vigilant supervision of the Michigan Gaming Control Board, last year agency personnel were able to target and disrupt several instances of illegal gambling activities that undermined the integrity of our legitimate, regulated gaming industry.”

To report suspected illegal gambling activity, contact the MGCB at 1-888-314-2682 or MIGamblingTip@michigan.gov


Gun Lake Casino’s Sal Semola Named “Best of The Best”

Sal Semola, Chief Executive Officer of Michigan’s Gun Lake Casino, has been awarded a spot on the Bently Price Associates’ “Best of The Best” list.

Gun Lake Casino is situated between Grand Rapids and Kalamazoo in West Michigan and offers an extensive range of dining and entertainment amenities in addition to a wide variety of gaming options.

Sal Semola  has garnered 40+ years of experience in the entertainment/gaming industry, 25 of which he worked at the executive level. Already a recipient of the Eastern Division of Casino Management Association’s “Gaming Professional of the Year” award and the University of Nevada-Las Vegas William F. Harrah College of Hotel Administration’s “Industry Executive of the Year” award, Mr. Semola has opened four properties and invested billions of dollars in development projects over the course of his career. Prior to his time at Gun Lake Casino, Mr. Semola graduated from the University of Nevada-Las Vegas and the College of Southern Nevada and received a graduate degree from the University of Chicago Graduate School of Business Executive Education Program.


MotorCity Hotel Promotes Stacey Young to Senior Vice President of Casino Operations

On April 3, 2024, MotorCity Casino announced Stacey Young’s promotion to Senior Vice President of Casino Operations. He will be primarily responsible for the overarching casino operations.

Regarding his promotion, Young said “I’m thrilled to be part of such an outstanding team, and I’m excited to continue elevating the guest experience at MotorCity Casino Hotel.”

Young boasts 25 years of casino management experience and joined MotorCity Casino Hotel in 2003. John Policicchio, the General Manager of MotorCity Casino Hotel, said of his contributions “Stacey’s dedication and expertise have been instrumental in delivering MotorCity Casino’s world-class experience.”


Michigan Gaming Control Board In-Person and Virtual Public Meeting Notice

The Michigan Gaming Control Board (“MGCB”) released a public notice on March 26, 2024 to announce the upcoming public meeting.

The meeting will be held on Tuesday, April 9, 2024, at 9:30 am and will take place in the Cadillac Place Board Hearing Room at the MGCB’s Cadillac Place Office, 3062 W. Grand Blvd., Suite L-700, Detroit, MI 48202-6062.

During the meeting, official Board business concerning implementation, administration, and enforcement of all governing Michigan gaming law, in addition to other matters that may be brought properly before the Board, will be conducted. The meeting agenda can be found here.

There will be time allotted for public comment during the meeting, during which attendees are welcome to ask questions, voice comments, or provide suggestions. To participate, submit a Public Sign In Sheet form to MGCBweb@michigan.com by 9:30 am on the day of the meeting.

Attendees may attend in-person, via zoom, or by telephone. To join via zoom, please use this link.

To join via telephone, please use this information:

USA 646 931 3860

Webinar ID: 992 1596 0820

For additional resources and information regarding meeting details, please refer to the official MGCB website at Board Meeting Schedule and Agendas (michigan.gov).

The Michigan Gaming News Letter

Michigan iGaming, Sports Betting Operators Report $218.5 Million in February Revenue

As reported by the Michigan Gaming Control Board (“MGCB”) on March 19, 2024, Michigan commercial and tribal internet gaming (“iGaming”) and sports betting operators reported a combined $218.5 million total gross receipts in February.

February iGaming gross receipts were $188.0 million, the highest to date. Gross sports betting receipts totaled $30.5 million in February.

The three Detroit Casinos – MotorCity Casino, MGM Grand Detroit, and Greektown Casino – reported city wagering taxes and municipal service fees of $9.3 million, with iGaming taxes and fees contributing $8.9 million and internet sports betting taxes and fees contributing $356,663 for the month of February.

Tribal operators reported making total payments of $3.9 million of wagering payments to the tribes’ governing bodies according to the MGCB.

An online gaming and sports betting revenue distribution table is available on the agency’s website.

As of February, a total of 15 commercial and tribal operators offered internet sports betting and 15 commercial and tribal operators offered iGaming. Details for each operator’s internet gaming and internet sports betting results are available on the MGCB website.

Executive Director of Gaming Control Board Reminds Citizens to Bet Responsibly During March Madness

On March 18, 2024, The Michigan Gaming Control Board (“MGCB”) published a press release to remind Michigan citizens to bet responsibly during March Madness.

MGCB Executive Director Henry Williams said, “While we encourage citizens to enjoy the tournament and the spirit of friendly competition, it is crucial to remember the importance of responsible gaming practices.”

The MGCB is exhibiting its commitment to promoting responsible gaming and the integrity of sports betting activities by reminding sports bettors to:

• Set limits
• Never bet more than you can afford to lose
• Know the risks involved
• Use only authorized sportsbook operators

Michiganders seeking help for problem gambling are encouraged to call the Michigan Problem Gambling Helpline at 1-800-270-7117. For more information, see the official MGCB website at www.michigan.gov/mgcb/resources/responsible-gaming

If you or someone you know may have a gambling problem, contact the National Problem Gambling Helpline at 1-800-GAMBLER, text 800GAM, or visit www.1800gamblerchat.org. Help is available 24/7 and is free and confidential.

March Madness by the Numbers

The American Gaming Association (“AGA”) posted its data for March Madness.

The AGA estimates $2.72 billion to be wagered by American adults on this year’s men’s and women’s NCAA basketball tournaments. This estimate equates to 2.2% of the total wagering handle in 2023.

A majority 77% of American adults support the legalization of sports betting in their home state, and over two-thirds of Americans are able to wager in the comfort of their own homes today in the present state of the regulated market. Nine of 10 legal bettors intend to stay within the legal market in the coming year.

As the wagering market continues to grow, the AGA continues to utilize its resources to educate consumers on how to exercise responsible gaming. For more resources and information, refer to their public service campaign, Have A Game Plan.

 

The Michigan Gaming News Letter

Detroit Casinos Report $104.63 Million in February Aggregate Revenue

According to the February revenues released by the Michigan Gaming Control Board (“MGCB”), the three Detroit casinos reported $104.63 million in monthly aggregate revenue in February. Table games and slots generated $104.76 million in revenue, and negative ($124,853) from retail sports betting.

The February market shares were:

  • MGM, 47%
  • MotorCity, 30%
  • Hollywood Casino at Greektown, 23%

Monthly revenue for table games but slots decreased 0.2% when compared to February 2023 results increased 11.6% when compared to January 2024 results.

When compared with February 2023 monthly gaming revenue is as follows:

  • MGM, $49.29. million, decrease of 1.6%
  • MotorCity, $31.64 million, increase of 1.3%
  • Hollywood Casino at Greektown, $28.83 million, increase of 0.6%

The three Detroit casinos paid $8.49 million in gaming taxes to the State of Michigan in February 2024, compared to $8.51 million for the

same month last year.  The casinos also reported submitting $12.5 million in wagering taxes and development agreement payments to the City of Detroit in February 2024.

The three Detroit casinos reported $13.2 million in total sports betting handle and total gross receipts were negative ($120,142) for the month of February 2024. Retail sports betting qualified adjusted gross receipts (“QAGR”) reported for February were down by $583,605 when compared to the same time last year. Monthly QAGR were down by $625,073 million when compared to January 2024.

February QAGR by property were:

  • MGM, negative ($121.207)
  • MotorCity, negative ($133,311)
  • Hollywood Casino at Greektown, $129,665

The three Detroit casinos reported submitting taxes on retail sports betting in the amounts of $4,901 to the State of Michigan, and $5,991 to the City of Detroit for February 2024, based on their retail sports betting revenue.

In addition to reporting revenue from the three Detroit casinos, the MGCB released revenue numbers from fantasy contest operators.

Fantasy contest operators reported total adjusted revenues of $1.1 million and paid taxes of $92,552 during January 2024.

Top revenue generators were:

  • DraftKings, $673,336.31
  • FanDuel, $268,549.90

Celebrating Women in Gaming

In honor of Women’s History Month for the month of March, the American Gaming Association (“AGA”) has posted a Webinar event on March 22, 2024 at 11:00 AM EST. The webinar is being hosted by African Americans in Gaming, featuring women representing the horse racing, casino, and lottery industries. Panelists will be sharing their experiences in the industry to inspire listeners and share knowledge they’ve learned along the way.

To register, follow this link.

Michigan Lottery Recognizes Problem Gambling Awareness Month in March

Michigan Lottery issued a press release announcing  efforts to promote public awareness of problem gambling as part of Problem Gambling Awareness month. They are working to spotlight prevention, treatment, and recovery services that can be utilized in Michigan.

Lottery provides $1 million to the Michigan Department of Health and Human Services each year to fund statewide problem gambling programs and provides services like self-exclusion periods, daily and weekly deposit limits, cool off periods, and more to enhance available resources.

MGCB Investigation of Flint Storefront Casino Leads to Two Arraigned on Multiple Felony Charges, Property Nuisance Complaint Filed by City of Flint

According to a press release issued by the Michigan Gaming Control Board (“MGCB”), following a joint investigation by the Michigan Department of Attorney General and MGCB, two individuals were recently arraigned on charges related to operating an illegal gambling operation in Flint, Michigan.

Linos Antonio Kas-Mikha, 52, of Grand Blanc, and Robert Jamerson, 55, of Saginaw, face multiple felony charges for running a gambling operation without a license, using computers for criminal activities, and maintaining a gambling house at Cellular Bank in Flint. This establishment featured 11 slot machines and 13 computers for online wagering from offsite locations. Both defendants were arraigned in the 67th District Court, with Kas-Mikha posting a $25,000 bond and Jamerson posting a $50,000 bond.

“Holding those who choose to break the law and run alleged illegal gambling operations accountable for their actions is paramount to ensuring the safety and integrity of our neighborhoods. By enforcing strict regulations and prosecuting offenders, we strive to maintain a gaming environment that is not only enjoyable, but also adheres to the principles of fairness, legality, and community safety,” MGCB Executive Director Henry Williams said.

The investigation also targeted the owner of the several establishments. Abdulmunem Ghrer of Toledo, Ohio, owns the business located at 3301 Corunna Road and 4622 N. Saginaw Street both location in Flint, Michigan.  Raids at both locations over the past two years resulted in the confiscation of standalone slot machines, computers, gambling devices and proceeds.

“Illegal gambling operations harm the public health and safety of our community by creating environments where bad actors can prey on vulnerable people. The City of Flint is seeking forfeiture of another building allegedly used for illegal gambling activity with the intent to return it to a positive use for Flint residents. I want to thank the Michigan Gaming Control Board for taking strong action to protect Flint residents from people who seek to profit from the pain of our community,” Flint Mayor Sheldon Neeley said.

The MGCB encourages the public to report alleged illegal gambling by contacting the agency at 1-888-314-2682 or sending a message to MIGamblingTip@michigan.gov.

The Nottawaseppi Huron Band of The Potawatomi and FireKeepers Casino Hotel Announce Annual Contributions to the State of Michigan and Local Revenue Sharing Board

The Nottawaseppi Huron Band of the Potawatomi (“NHBP”), owners of FireKeepers Casino Hotel in Battle Creek, Michigan, have announced significant contributions totaling over $300 million, demonstrating their continued support for the state and local community.

“Today’s contributions reaffirm NHBP’s dedication to fostering economic growth and prosperity within the State of Michigan and our Local Revenue Sharing Board. As stewards of our community, we take great pride in our ongoing partnership with the State and our local communities, a tangible example of our commitment to supporting vital initiatives that benefit our region,” stated Jamie Stuck, Tribal Council Chairperson for the NHBP.

Financial Contributions: In 2023, NHBP made payments exceeding $20.5 million to the State of Michigan and over $6.2 million to the FireKeepers Local Revenue Sharing Board (“FLRSB”). This brings NHBP’s total contributions to the state to over $235.3 million and $78.5 million to the FLRSB since the casino’s opening in 2009, totaling over $313.9 million.

Check Presentations: NHBP and FireKeepers presented two checks, one for $20,519,503 to the Michigan Economic Development Corporation and another for $6,254,876 to FLRSB Chairperson, Deb Belles.

Job Growth: FireKeepers Casino Hotel expanded its employee base to 2,138 Team Members in 2023, reaching a record total labor and benefit costs of $107.6 million, an increase of 3.3% over 2022 and exceeding $1 billion since opening.

FLRSB Distributions: The check presented to FLRSB marks the fourteenth distribution since 2010, totaling $78.5 million. Beneficiaries include schools, road commissions, townships, counties, colleges, libraries, and school districts across Calhoun County and neighboring areas.

NHBP and FireKeepers Casino Hotel’s ongoing contributions highlight their dedication to economic growth, community prosperity, and support for educational initiatives and local businesses throughout Michigan.

Gun Lake Casino Launches $10 Million Project to Add Restaurant and Gaming Space

In a recent article, it was announced that Gun Lake Casino, of the Gun Lake Tribe, will begin to undergo construction next week on Monday March 18, 2024. The renovation, totaling $10 million, will bring a new restaurant, bar and lounge, and a new high-stakes gaming room.

According to the General Manager Jose Flores, the new restaurant, Lucky Dragon Noodle Bar, is “an exciting concept because it brings an element of dining and a variety of cuisine that we don’t currently have here at the facility.”

The new high-stakes gaming room will be adjacent to the restaurant and will offer features like Baccarat and a popular table game.

To accommodate for the renovations, located to the right of the casino’s south entrance, some table games, slots, and the grab-and-go food venue may be relocated. These interior renovations are occurring in tandem with the broader $300 million, phase five expansion.

The Michigan Gaming News Letter

Cancellation Notice for MGCB In-Person and Virtual Public Meeting, March 12, 2024

The Michigan Gaming Control Board (“MGCB”) has cancelled the upcoming in-person and virtual meeting that was originally scheduled for Tuesday, March 12, 2024.  The next scheduled meeting will be held on Tuesday, April 9, 2024.

Michigan Gaming Control Board Emphasizes Responsible Gaming During March for Problem Gambling Awareness Month

The Michigan Gaming Control Board (“MGCB”) is emphasizing its commitment to promoting responsible gaming practices during Problem Gambling Awareness Month in March. As part of its efforts, the MGCB is celebrating the one-year anniversary of its podcast series, Double Down Michigan. This podcast explores topics related to the gaming industry in Michigan. Host Henry Williams, MGCB Executive Director, discusses responsible gaming, gaming legislation in our state, industry news, current trends, and more. Double Down Michigan features special guests from the gaming industry.

“The podcast has been an invaluable platform for sharing insights, industry updates, and responsible gaming practices with Michigan citizens and our stakeholders,” Williams said. “As we mark this significant milestone, we are excited to reaffirm our dedication to fostering a culture of responsible gaming among players and enthusiasts.”

In an upcoming episode scheduled for March 21, the podcast will feature an interview with Dan Trolaro, Vice President of Prevention at EPIC Global Solutions, who discusses his personal gambling addiction journey and offers tips for recognizing problem gambling behaviors. The MGCB aims to collaborate with experts like Trolaro to provide Michigan citizens with the knowledge and tools needed for responsible gaming.

“As gambling expands, there are so many vulnerable populations now — it’s criminal justice, it’s athletes, it’s young and emerging adults, it’s people who work for operators like sportsbooks and casinos, and it’s those who participate and play the games,” Trolaro said. “It’s important that we shed light on safe ways to gamble, how to keep it safe and how to keep it a form of entertainment in its rightful spot, but also to shed light on what the potential harms could be, because we just don’t talk about that a lot.”

The National Council on Problem Gambling (“NCPG”) reports that approximately 2.5 million U.S. adults meet the criteria for severe problem gambling, while 5-8 million meet the criteria for mild or moderate problem gambling.

Michigan residents are encouraged to visit MGCB website for responsible gaming resources and DontRegretTheBet.org for tips and information. They can also contact the MGCB at 888-223-3044 to speak with a Responsible Gaming Representative, or NCPG Helpline (1-800-GAMBLER).

Listeners can access the Double Down Michigan podcast podcast on Buzzsprout or on most podcast apps including Apple Podcasts, Spotify, Amazon Music, iHeart Radio, as well as on the MGCB’s website.

Michigan Lottery Recognizes Problem Gambling Awareness Month in March

Michigan Lottery issued a press release announcing  efforts to promote public awareness of problem gambling as part of Problem Gambling Awareness month. They are working to spotlight prevention, treatment, and recovery services that can be utilized in Michigan.

Lottery provides $1 million to the Michigan Department of Health and Human Services each year to fund statewide problem gambling programs and provides services like self-exclusion periods, daily and weekly deposit limits, cool off periods, and more to enhance available resources.

Four Winds Casinos is Committed to Promoting Responsible Gaming at All Locations

The Pokagon Band of Potawatomi’s Four Winds Casinos, in collaboration with the National Council on Problem Gambling (“NCPG”), recognize March as Problem Gambling Awareness Month (“PGAM”).  PGAM brings together a wide range of stakeholders, such as public health organizations, treatment providers, advocacy groups, and gambling operators to increase public awareness of problem gambling and promote prevention, treatment, and recovery services.

During the entire month of March, Four Winds Casinos will implement a heightened awareness campaign for its employees and for the public through its social media channels and engage in other activities that increase public awareness of problem gambling and the availability of prevention, treatment, and recovery services.

The campaign coincides with March Madness, a time where Americans are expected to wager over $3 billion. While gambling can be enjoyable, it carries risks.

According to Mary Smith, Chief Operating Officer of Four Winds Casinos, “The Pokagon Gaming Authority and its Four Winds Casinos continue to be fully committed to promoting responsible gaming at our casino locations and online gaming site.  We regularly evaluate our mandatory employee training programs aimed at educating our team members on the spectrum of gambling disorders, recognition of behaviors, and how to provide resources to our guests.  A healthy and informed community should be everyone’s goal.”

All Four Winds Casino locations display printed brochures that include information regarding signs of problem gambling and toll-free hotline numbers for the national helpline as well as the Michigan and Indiana state helpline numbers.  More information and resources provided by Four Winds Casinos can be found on their website.

Four Winds Casinos has been a major sponsor for the National Council on Problem Gambling’s (NCPG) National Conference on Problem Gambling, the largest and longest running conference on problem gaming worldwide.  Raquel Buari, the Senior Vice President of Compliance and Human Resources at Four Winds Casinos, holds a seat on the Board of Directors for the NCPG, the Michigan Association on Problem Gambling, and the Indiana Council on Problem Gambling (“ICPG”).  In 2023, Four Winds made the commitment of dedicating a role for oversight of their responsible gaming efforts, Manager of Responsible Gaming, filled by Jessica Blake.  Blake is the Secretary for the ICPG and is an active member of NCPG.

For those seeking help, in addition to the National Problem Gambling Helpline. Michigan residents can contact the Michigan Association on Problem Gambling at michiganapg@gmail.com or (800) 270-7117. Indiana residents can reach the Indiana Council on Problem Gambling at christinagray@indianaproblemgambling.org or (800) 994-8448.

For more information on problem gambling and PGAM, visit: ncpgambling.org/pgam.

Gun Lake Casino Names Ronaldo Pascual Director of Hotel Operations

Ronaldo Pascual, with a 20-year career managing Forbes Four-Star/AAA Four-Diamond rated hotel and casino resort operations, has been named Director of Hotel Operations for Gun Lake Casino (GLC) according to a recent announcement.

“We are very excited to welcome Ronaldo Pascual to GLC as our new Director of Hotel Operations. Ronaldo will be a perfect fit to help us carry on the culture and vision for this soon-to-be, world-class casino resort,” said Jose Flores, Senior Vice President and General Manager for GLC.

Pascual has worked for tribal gaming properties in California, Alabama, Louisiana, and Pennsylvania. He is an American Hotel & Lodging Association Certified Hotel Administrator and has a General Manager Certification from Hilton Hotels.

The Director of Hotel Operations position has been implemented as part of preparations for the Phase 5 expansion, with its expected opening in 2025.

The Michigan Gaming News Letter

Caesars Entertainment Partners with Sault Ste. Marie Tribe of Chippewa Indians; Acquires Michigan iGaming Operations from Wynn Resorts

On Tuesday of this week, Caesars Entertainment, Inc. (“Caesars”) published a press release to announce a new agreement to operate the Michigan iGaming business of WynnBET in the state. Pending regulatory approvals, Caesars will subsequently agree to a long-term extension of market access rights with the Sault Ste. Marie Tribe of Chippewa Indians, giving them access to the Sault Tribe’s skins.

This transaction, subject to regulatory approvals, will enable Caesars to operate additional iGaming brands in Michigan, with the intention being to transition existing WynnBET patrons to Caesars’ Michigan iGaming platform. This transition is projected to occur later in 2024. Caesars will also continue to operate Caesars Sportsbook and Caesars Palace Online Casino.

The Sault Tribe currently owns and operates Kewadin Casinos. The Chairman of Sault Ste. Marie Tribe of Chippewa Indians, Austin Lowes, commented, “It was paramount that our next partner in iGaming possessed both expertise in the U.S. iGaming market and a history of strong partnerships in Indian country. We believe we found that with Caesars…”

Matt Sunderland, Caesars Entertainment’s SVP and Chief iGaming Officer, shared in this sentiment when he said, “We are honored to work with the Sault Ste. Marie Tribe of Chippewa Indians and look forward to growing with them in Michigan.”


Fanatics Sportsbook Launches Today in Michigan

Fanatics Sportsbook & Casino launched in Michigan on February 22, 2024. Michigan patrons are now able to download the app on iOS and Android to begin placing wagers. For Fanatics Betting and Gaming, Michigan is the thirteenth state for the online sportsbook, and the third for the online casino apps.  Fanatics Sportsbook and Fanatics Casino offer new search, discovery, and rewards features.

With Fanatics Betting and Gaming’s August 2023 acquisition of PointsBet, PointsBet Michigan customers’ login information and account balances were automatically migrated to the Fanatics Sportsbook platform.


Michigan Internet Gaming, Sports Betting Operators Report $229.6 Million in January Revenue

As reported by the Michigan Gaming Control Board (“MGCB”), Michigan commercial and tribal internet gaming (“iGaming”) and sports betting operators reported a combined $229.6 million total gross receipts in January.  January receipts decreased 5.4% when compared to last month’s results.

January iGaming gross receipts were $181.9 million, the highest to date. Gross sports betting receipts totaled $47.7 million. In December 2023, iGaming gross receipts were $181.4 million and gross sports betting receipts were $61.1 million.

The combined total adjusted gross receipts of $183.0 million were reported for January, including $164.2 million from iGaming and $18.8 million from internet sports betting – representing an iGaming increase of 0.5% and a 46.5% decrease for sports betting when compared to December 2023. When compared to January 2023 iGaming was up 18.7% and sports betting was up by 5.4%.

Total internet sports betting handle was $577.4 million, a decrease of 1.0% from the $583.0 million result in December 2023.

The operators delivered $31.3 million in taxes and payments to the State of Michigan during January, with iGaming taxes and fees contributing $30.0 million and internet sports betting taxes and fees contributing $1.3 million.

The three Detroit Casinos – MotorCity Casino, MGM Grand Detroit, and Greektown Casino – reported city wagering taxes and municipal service fees of $8.5 million, with iGaming taxes and fees contributing $7.9 million and internet sports betting taxes and fees contributing $614,000 for the month of January.

Tribal operators reported making total payments of $3.6 million of wagering payments to the tribes’ governing bodies according to the MGCB.

An online gaming and sports betting revenue distribution table is available on the agency’s website.

As of January, a total of 14 commercial and tribal operators offered internet sports betting and 15 commercial and tribal operators offered iGaming.  Details for each operator’s internet gaming and internet sports betting results are available and published on the MGCB website.

 

Clarion Gaming Digital Expands North American Reach with Global Gaming Business Acquisition

Announced earlier this week, Clarion Gaming Digital has acquired the iGaming publishing company, Global Gaming Business (“GGB”). Clarion purchased GGB’s magazine publications, Casino Style, Tribal Government Gaming, and Progressive Products Preview and online assets, including GGB News.

Established in 2002, GGB is a trusted gaming news source, and its acquisition will expand upon the range of industry news Clarion offers. Moving forward, Clarion intends to continue their North American expansion.

Alex Pratt, Managing Director of Clarion Gaming, remarked, “This is a major milestone for our digital business as we unlock the benefits of our investment. We are acquiring a business with deep industry heritage and with it the opportunity to build on their solid foundations in the US.”

Roger Gros, CEO of GGB’s holding company, Casino Connection International LLC, said of the transition, “As the gaming industry continues to grow in many different ways, our relationship with Clarion will make certain that our pivotal role in the industry remains unchanged and we can continue our important work going forward.”

 

Third-Straight Year of Record Revenue, Commercial Gaming Revenue Reaches $66.5 Billion in 2023

U.S. commercial gaming revenue reached an annual record of $66.5 billion in 2023, according to the press release issued by the American Gaming Association (“AGA”) and it’s Commercial Gaming Revenue Tracker. The total revenue surpasses 2022’s previous high of $60.5 billion by 10 percent, marking the industry’s third-straight record revenue year.

“From the traditional casino experience to online options, American adults’ demand for gaming is at an all-time high. Sustaining our momentum will take unified industry efforts around combating pernicious illegal operators and growing responsible gambling efforts in tandem with the growth of the legal market—both of which the AGA is committed to lead on throughout 2024,” said AGA President and CEO Bill Miller.

The commercial gaming industry continues to evolve, with online gaming making up nearly one-quarter (24.7%) of nationwide commercial gaming revenue in 2023, a new annual high.

There are a few key takeaways that lead another record year, looking at each sector:

Traditional Gaming:

  • Brick-and-mortar casino slots and table games grossed a record $49.4 billion, up 3.3% over 2022.
  • On a state level, 19 out of 27 traditional gaming markets saw record annual revenue.

 

Sports Betting:

  • Sports betting achieved new records for handle ($119.8B) and sportsbook revenue ($10.9B), up 27.8% and 44.5% respectively.

 

iGaming:

  • Online casino revenue grew 22.9% year-over-year to $6.2 billion in the six states with full-scale legal iGaming.

 

In 2023, 12 of the top 20 commercial casino gaming markets reported revenue growth compared to 2022. The top markets surpassing $1 Billion in gaming revenue including Detroit:

  1. Las Vegas Strip—$8.83 B
  2. Atlantic City—$2286 B
  3. Chicagoland—$219 B
  4. Baltimore-Washington, D.C.—$2.08 B
  5. Mississippi Gulf Coast—$1.59 B
  6. Queens/Younkers—$1.54 B
  7. Philadelphia—$1.37 B
  8. Detroit—$1.24 B
  9. St. Louis—$1.07 B

 

The commercial gaming industry also contributed more to state and local governments’ coffers than ever in 2023. Throughout the year, operators paid an estimated $14.4 billion in direct gaming revenue taxes, an increase of 9.7% from 2022.

“Gaming’s success translates directly to the success of the states, cities and towns in which we operate,” continued Miller. “We are proud to be in 47 U.S. jurisdictions, acting as economic drivers, creating jobs and providing the funding that makes critical public education programs, infrastructure projects, problem gambling resources and more possible.”

The Michigan Gaming News Letter

Detroit Casinos Report $94.4 Million in January Aggregate Revenue

On Tuesday of this week, Caesars Entertainment, Inc. (“Caesars”) published a press release to announce a new agreement to operate the Michigan iGaming business of WynnBET in the state. Pending regulatory approvals, Caesars will subsequently agree to a long-term extension of market access rights with the Sault Ste. Marie Tribe of Chippewa Indians, giving them access to the Sault Tribe’s skins.

This transaction, subject to regulatory approvals, will enable Caesars to operate additional iGaming brands in Michigan, with the intention being to transition existing WynnBET patrons to Caesars’ Michigan iGaming platform. This transition is projected to occur later in 2024. Caesars will also continue to operate Caesars Sportsbook and Caesars Palace Online Casino.

The Sault Tribe currently owns and operates Kewadin Casinos. The Chairman of Sault Ste. Marie Tribe of Chippewa Indians, Austin Lowes, commented, “It was paramount that our next partner in iGaming possessed both expertise in the U.S. iGaming market and a history of strong partnerships in Indian country. We believe we found that with Caesars…”

Matt Sunderland, Caesars Entertainment’s SVP and Chief iGaming Officer, shared in this sentiment when he said, “We are honored to work with the Sault Ste. Marie Tribe of Chippewa Indians and look forward to growing with them in Michigan.”


Fanatics Sportsbook Launches Today in Michigan

Fanatics Sportsbook & Casino launched in Michigan on February 22, 2024. Michigan patrons are now able to download the app on iOS and Android to begin placing wagers. For Fanatics Betting and Gaming, Michigan is the thirteenth state for the online sportsbook, and the third for the online casino apps.  Fanatics Sportsbook and Fanatics Casino offer new search, discovery, and rewards features.

With Fanatics Betting and Gaming’s August 2023 acquisition of PointsBet, PointsBet Michigan customers’ login information and account balances were automatically migrated to the Fanatics Sportsbook platform.


Michigan Internet Gaming, Sports Betting Operators Report $229.6 Million in January Revenue

As reported by the Michigan Gaming Control Board (“MGCB”), Michigan commercial and tribal internet gaming (“iGaming”) and sports betting operators reported a combined $229.6 million total gross receipts in January.  January receipts decreased 5.4% when compared to last month’s results.

January iGaming gross receipts were $181.9 million, the highest to date. Gross sports betting receipts totaled $47.7 million. In December 2023, iGaming gross receipts were $181.4 million and gross sports betting receipts were $61.1 million.

The combined total adjusted gross receipts of $183.0 million were reported for January, including $164.2 million from iGaming and $18.8 million from internet sports betting – representing an iGaming increase of 0.5% and a 46.5% decrease for sports betting when compared to December 2023. When compared to January 2023 iGaming was up 18.7% and sports betting was up by 5.4%.

Total internet sports betting handle was $577.4 million, a decrease of 1.0% from the $583.0 million result in December 2023.

The operators delivered $31.3 million in taxes and payments to the State of Michigan during January, with iGaming taxes and fees contributing $30.0 million and internet sports betting taxes and fees contributing $1.3 million.

The three Detroit Casinos – MotorCity Casino, MGM Grand Detroit, and Greektown Casino – reported city wagering taxes and municipal service fees of $8.5 million, with iGaming taxes and fees contributing $7.9 million and internet sports betting taxes and fees contributing $614,000 for the month of January.

Tribal operators reported making total payments of $3.6 million of wagering payments to the tribes’ governing bodies according to the MGCB.

An online gaming and sports betting revenue distribution table is available on the agency’s website.

As of January, a total of 14 commercial and tribal operators offered internet sports betting and 15 commercial and tribal operators offered iGaming.  Details for each operator’s internet gaming and internet sports betting results are available and published on the MGCB website.

 

Clarion Gaming Digital Expands North American Reach with Global Gaming Business Acquisition

Announced earlier this week, Clarion Gaming Digital has acquired the iGaming publishing company, Global Gaming Business (“GGB”). Clarion purchased GGB’s magazine publications, Casino Style, Tribal Government Gaming, and Progressive Products Preview and online assets, including GGB News.

Established in 2002, GGB is a trusted gaming news source, and its acquisition will expand upon the range of industry news Clarion offers. Moving forward, Clarion intends to continue their North American expansion.

Alex Pratt, Managing Director of Clarion Gaming, remarked, “This is a major milestone for our digital business as we unlock the benefits of our investment. We are acquiring a business with deep industry heritage and with it the opportunity to build on their solid foundations in the US.”

Roger Gros, CEO of GGB’s holding company, Casino Connection International LLC, said of the transition, “As the gaming industry continues to grow in many different ways, our relationship with Clarion will make certain that our pivotal role in the industry remains unchanged and we can continue our important work going forward.”

 

Third-Straight Year of Record Revenue, Commercial Gaming Revenue Reaches $66.5 Billion in 2023

U.S. commercial gaming revenue reached an annual record of $66.5 billion in 2023, according to the press release issued by the American Gaming Association (“AGA”) and it’s Commercial Gaming Revenue Tracker. The total revenue surpasses 2022’s previous high of $60.5 billion by 10 percent, marking the industry’s third-straight record revenue year.

“From the traditional casino experience to online options, American adults’ demand for gaming is at an all-time high. Sustaining our momentum will take unified industry efforts around combating pernicious illegal operators and growing responsible gambling efforts in tandem with the growth of the legal market—both of which the AGA is committed to lead on throughout 2024,” said AGA President and CEO Bill Miller.

The commercial gaming industry continues to evolve, with online gaming making up nearly one-quarter (24.7%) of nationwide commercial gaming revenue in 2023, a new annual high.

There are a few key takeaways that lead another record year, looking at each sector:

Traditional Gaming:

  • Brick-and-mortar casino slots and table games grossed a record $49.4 billion, up 3.3% over 2022.
  • On a state level, 19 out of 27 traditional gaming markets saw record annual revenue.

 

Sports Betting:

  • Sports betting achieved new records for handle ($119.8B) and sportsbook revenue ($10.9B), up 27.8% and 44.5% respectively.

 

iGaming:

  • Online casino revenue grew 22.9% year-over-year to $6.2 billion in the six states with full-scale legal iGaming.

 

In 2023, 12 of the top 20 commercial casino gaming markets reported revenue growth compared to 2022. The top markets surpassing $1 Billion in gaming revenue including Detroit:

  1. Las Vegas Strip—$8.83 B
  2. Atlantic City—$2286 B
  3. Chicagoland—$219 B
  4. Baltimore-Washington, D.C.—$2.08 B
  5. Mississippi Gulf Coast—$1.59 B
  6. Queens/Younkers—$1.54 B
  7. Philadelphia—$1.37 B
  8. Detroit—$1.24 B
  9. St. Louis—$1.07 B

 

The commercial gaming industry also contributed more to state and local governments’ coffers than ever in 2023. Throughout the year, operators paid an estimated $14.4 billion in direct gaming revenue taxes, an increase of 9.7% from 2022.

“Gaming’s success translates directly to the success of the states, cities and towns in which we operate,” continued Miller. “We are proud to be in 47 U.S. jurisdictions, acting as economic drivers, creating jobs and providing the funding that makes critical public education programs, infrastructure projects, problem gambling resources and more possible.”

The Michigan Gaming News Letter

Michigan Gaming Control Board Adopts 1-800-GAMBLER as Statewide Problem Gambling Helpline

On Tuesday of this week, Caesars Entertainment, Inc. (“Caesars”) published a press release to announce a new agreement to operate the Michigan iGaming business of WynnBET in the state. Pending regulatory approvals, Caesars will subsequently agree to a long-term extension of market access rights with the Sault Ste. Marie Tribe of Chippewa Indians, giving them access to the Sault Tribe’s skins.

This transaction, subject to regulatory approvals, will enable Caesars to operate additional iGaming brands in Michigan, with the intention being to transition existing WynnBET patrons to Caesars’ Michigan iGaming platform. This transition is projected to occur later in 2024. Caesars will also continue to operate Caesars Sportsbook and Caesars Palace Online Casino.

The Sault Tribe currently owns and operates Kewadin Casinos. The Chairman of Sault Ste. Marie Tribe of Chippewa Indians, Austin Lowes, commented, “It was paramount that our next partner in iGaming possessed both expertise in the U.S. iGaming market and a history of strong partnerships in Indian country. We believe we found that with Caesars…”

Matt Sunderland, Caesars Entertainment’s SVP and Chief iGaming Officer, shared in this sentiment when he said, “We are honored to work with the Sault Ste. Marie Tribe of Chippewa Indians and look forward to growing with them in Michigan.”


Fanatics Sportsbook Launches Today in Michigan

Fanatics Sportsbook & Casino launched in Michigan on February 22, 2024. Michigan patrons are now able to download the app on iOS and Android to begin placing wagers. For Fanatics Betting and Gaming, Michigan is the thirteenth state for the online sportsbook, and the third for the online casino apps.  Fanatics Sportsbook and Fanatics Casino offer new search, discovery, and rewards features.

With Fanatics Betting and Gaming’s August 2023 acquisition of PointsBet, PointsBet Michigan customers’ login information and account balances were automatically migrated to the Fanatics Sportsbook platform.


Michigan Internet Gaming, Sports Betting Operators Report $229.6 Million in January Revenue

As reported by the Michigan Gaming Control Board (“MGCB”), Michigan commercial and tribal internet gaming (“iGaming”) and sports betting operators reported a combined $229.6 million total gross receipts in January.  January receipts decreased 5.4% when compared to last month’s results.

January iGaming gross receipts were $181.9 million, the highest to date. Gross sports betting receipts totaled $47.7 million. In December 2023, iGaming gross receipts were $181.4 million and gross sports betting receipts were $61.1 million.

The combined total adjusted gross receipts of $183.0 million were reported for January, including $164.2 million from iGaming and $18.8 million from internet sports betting – representing an iGaming increase of 0.5% and a 46.5% decrease for sports betting when compared to December 2023. When compared to January 2023 iGaming was up 18.7% and sports betting was up by 5.4%.

Total internet sports betting handle was $577.4 million, a decrease of 1.0% from the $583.0 million result in December 2023.

The operators delivered $31.3 million in taxes and payments to the State of Michigan during January, with iGaming taxes and fees contributing $30.0 million and internet sports betting taxes and fees contributing $1.3 million.

The three Detroit Casinos – MotorCity Casino, MGM Grand Detroit, and Greektown Casino – reported city wagering taxes and municipal service fees of $8.5 million, with iGaming taxes and fees contributing $7.9 million and internet sports betting taxes and fees contributing $614,000 for the month of January.

Tribal operators reported making total payments of $3.6 million of wagering payments to the tribes’ governing bodies according to the MGCB.

An online gaming and sports betting revenue distribution table is available on the agency’s website.

As of January, a total of 14 commercial and tribal operators offered internet sports betting and 15 commercial and tribal operators offered iGaming.  Details for each operator’s internet gaming and internet sports betting results are available and published on the MGCB website.

 

Clarion Gaming Digital Expands North American Reach with Global Gaming Business Acquisition

Announced earlier this week, Clarion Gaming Digital has acquired the iGaming publishing company, Global Gaming Business (“GGB”). Clarion purchased GGB’s magazine publications, Casino Style, Tribal Government Gaming, and Progressive Products Preview and online assets, including GGB News.

Established in 2002, GGB is a trusted gaming news source, and its acquisition will expand upon the range of industry news Clarion offers. Moving forward, Clarion intends to continue their North American expansion.

Alex Pratt, Managing Director of Clarion Gaming, remarked, “This is a major milestone for our digital business as we unlock the benefits of our investment. We are acquiring a business with deep industry heritage and with it the opportunity to build on their solid foundations in the US.”

Roger Gros, CEO of GGB’s holding company, Casino Connection International LLC, said of the transition, “As the gaming industry continues to grow in many different ways, our relationship with Clarion will make certain that our pivotal role in the industry remains unchanged and we can continue our important work going forward.”

 

Third-Straight Year of Record Revenue, Commercial Gaming Revenue Reaches $66.5 Billion in 2023

U.S. commercial gaming revenue reached an annual record of $66.5 billion in 2023, according to the press release issued by the American Gaming Association (“AGA”) and it’s Commercial Gaming Revenue Tracker. The total revenue surpasses 2022’s previous high of $60.5 billion by 10 percent, marking the industry’s third-straight record revenue year.

“From the traditional casino experience to online options, American adults’ demand for gaming is at an all-time high. Sustaining our momentum will take unified industry efforts around combating pernicious illegal operators and growing responsible gambling efforts in tandem with the growth of the legal market—both of which the AGA is committed to lead on throughout 2024,” said AGA President and CEO Bill Miller.

The commercial gaming industry continues to evolve, with online gaming making up nearly one-quarter (24.7%) of nationwide commercial gaming revenue in 2023, a new annual high.

There are a few key takeaways that lead another record year, looking at each sector:

Traditional Gaming:

  • Brick-and-mortar casino slots and table games grossed a record $49.4 billion, up 3.3% over 2022.
  • On a state level, 19 out of 27 traditional gaming markets saw record annual revenue.

 

Sports Betting:

  • Sports betting achieved new records for handle ($119.8B) and sportsbook revenue ($10.9B), up 27.8% and 44.5% respectively.

 

iGaming:

  • Online casino revenue grew 22.9% year-over-year to $6.2 billion in the six states with full-scale legal iGaming.

 

In 2023, 12 of the top 20 commercial casino gaming markets reported revenue growth compared to 2022. The top markets surpassing $1 Billion in gaming revenue including Detroit:

  1. Las Vegas Strip—$8.83 B
  2. Atlantic City—$2286 B
  3. Chicagoland—$219 B
  4. Baltimore-Washington, D.C.—$2.08 B
  5. Mississippi Gulf Coast—$1.59 B
  6. Queens/Younkers—$1.54 B
  7. Philadelphia—$1.37 B
  8. Detroit—$1.24 B
  9. St. Louis—$1.07 B

 

The commercial gaming industry also contributed more to state and local governments’ coffers than ever in 2023. Throughout the year, operators paid an estimated $14.4 billion in direct gaming revenue taxes, an increase of 9.7% from 2022.

“Gaming’s success translates directly to the success of the states, cities and towns in which we operate,” continued Miller. “We are proud to be in 47 U.S. jurisdictions, acting as economic drivers, creating jobs and providing the funding that makes critical public education programs, infrastructure projects, problem gambling resources and more possible.”