The Michigan Gaming News Letter

Michigan Operators Report $126.1 Million in September Gross Internet Gaming and Sports Betting

According to a press release, Michigan internet gaming operators reported a state record of  $102.4 million in internet gaming gross receipts for September, up 5.3% from the previous record $97.2 million recorded in August. Internet sports betting operators received $23.7 million in total gross sport betting receipts, which were up 49% from August. In September the total handle of $354.3 million was an 84.2% increase from the prior month.

Taxes and payments are based on adjusted gross receipts, which were $92.3 million for internet gaming, and up 5.4% in August. Internet sports betting adjusted gross receipts were $17,399 in September, down more than 99% compared with $7.5 million in August.

The operators delivered more than $19.3 million in taxes and payments to the State of Michigan, with Internet gaming contributing $18.9 million and internet sports betting contributing $426,873.

For internet gaming, the state receives 70% of the total tax from the commercial operators and 80% of the total payment from tribal operators. The tax and payment rate ranges from 20% to 28% based on yearly adjusted gross receipts.

For internet sports betting, commercial operators pay 70% of the 8.4% tax to the state and 30% to the city of Detroit. Tribal operators make an 8.4% payment on adjusted gross receipts to the State of Michigan.

The three Detroit Casinos – MotorCity Casino, MGM Grand Detroit, and Greektown Casino – reported city wagering taxes and municipal service fees of $5.5 million for:

  • Internet gaming taxes and fees: $5.2 million
  • Internet sports betting taxes and fees: $263,398

Tribal operators reported making total payments of $2.1 million of wagering payment to the tribes’ governing bodies according to the MGCB.

From the Jan. 22 launch through September 30, aggregate internet gaming adjusted gross receipts totaled $698.5 million and aggregate internet sports betting adjusted gross sports betting receipts were $60.5 million.

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

During September, 14 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 in tables published on the MGCB website.