Michigan Internet Gaming and Sports Betting Operators Report Combined $136.9 Million in June Total Gross Receipts
As reported by the Michigan Gaming Control Board (MGCB), Michigan commercial and tribal internet casino gaming and sports betting operators reported a combined $136.9 million total gross receipts in June. June receipts declined by 14.9% when compared to last month.
June internet gaming gross receipts were $121.5 million, falling 4.6% from $114.4 million reported in May 2022. Gross sports receipts totaled $15.4 million, decreasing 54.2% when compared with May 2022.
Combined total adjusted gross receipts of $114.4 million were reported for June, including $109.4 million from internet gaming and $5 million for internet sports betting. Total monthly internet gaming adjusted gross receipts declined 4.6% from May 2022, and internet sports betting adjusted gross receipts dropped 77.6%.
Compared with June 2021, this month’s internet gaming adjusted gross receipts increased 65.3%, and internet sports betting adjusted gross sports betting receipts were down 70%.
Total internet sports betting handle at $270 million was down by 19% compared with May 2022 results of 333.4 million.
The operators delivered $22.8 million in taxes and payments to the State of Michigan during June, with internet gaming taxes and fees contributing $22.5 million and internet sports betting taxes and fees contributing $328,954.
The three Detroit Casinos – MotorCity Casino, MGM Grand Detroit, and Greektown Casino – reported city wagering taxes and municipal service fees of $6.3 million, with internet gaming taxes and fees contributing $6.1 million and internet sports betting taxes and fees contributing $201,320 for the month of June.
Tribal operators reported making total payments of $2.5 million of wagering payments to the tribes’ governing bodies according to the MGCB.
For the first half of 2022, aggregate internet gaming adjusted gross receipts totaled $681.7 million, and aggregate internet sports betting adjusted gross receipts were $74.1 million.
An online gaming and sports betting revenue distribution table is available on the agency’s website.
During June, 15 operators were authorized for one or both forms of online wagering. Details for each operator’s internet gaming and internet sports betting results are available and published on the MGCB website.
IGT Teams Up with Michigan Lottery for Online Content
On Tuesday of this week, International Game Technology (“IGT”) announced that its subsidiary, IGT Global Solutions Corporation, has signed an agreement to deliver “engaging iLottery content through its high-performing remote gaming server (RGS) to the Michigan Lottery”.“The integration of IGT’s advanced RGS will provide the Michigan Lottery and its players with an extensive library of premium iLottery content, diversifying the Lottery’s portfolio with well-known eInstants and omnichannel themes,” said Jay Gendron, IGT Chief Operating Officer, Global Lottery. “As a leader in this space, the Michigan Lottery has built a robust iLottery offering from the ground up, and IGT is thrilled that we can contribute to its continued success through the launch of our games.”
“IGT has a proven track record of partnering with global lotteries to grow their iLottery sales and we are excited to deliver high-quality eInstant games to the Michigan Lottery,” said Srini Nedunuri, IGT Vice President, Global iLottery. “The addition of player-favorite IGT retail games in a digital format and exceptional licensed brands will help strengthen the Lottery’s eInstants library and provide engaging content to its players.”
The Michigan Lottery is the fourth lottery in the U.S. to have access to IGT’s portfolio of eInstants, following successful iLottery programs in Georgia, Kentucky, and Rhode Island. Information on the types of eInstants and omnichannel themes product offerings IGT has are available on its website.
MGCB Public Meeting Scheduled for Tuesday, August 9
The Michigan Gaming Control Board (“MGCB”) will hold a regular public meeting on Tuesday, August 9, 2022, at the MGCB’s Cadillac Place Office, 3062 W. Grand Boulevard, Suite L-700, Detroit, 48202-6062. Please enter through the building’s main entrance on West Grand Boulevard.
The meeting will begin at 9:30 AM and will also be accessible via Zoom at this link.
The meeting is open to the public, and comments from the public are welcomed and encouraged during the public comment portion of the meeting. The MGCB asks you to submit this form to MGCBweb@michigan.gov by 9:30 am Tuesday, August 9. You may also use the Q&A in the Zoom meeting to indicate you wish to speak during public comment.
Persons who may need additional assistance to address the Board at the meeting are asked to contact Karen Finch at MGCBweb@michigan.gov or call 313-456-4100 during normal business hours. We ask for at least 24 hours in advance notice if additional assistance is needed, if possible.
Members of the public who are speech or hearing impaired may attend and participate in this meeting by dialing 7-1-1 and using the Michigan Relay service. More information about this service may be found here on MGCB’s website.