iGaming, sports betting operators report $261.0M in September revenue

Monthly Gross Receipts
September iGaming gross receipts totaled $202.6 million and gross sports betting receipts totaled $58.4 million. In August, iGaming gross receipts were $196.66 million and gross sports betting receipts were $27.36 million.

Monthly Adjusted Gross Receipts
Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for September were $209.9 million, including $182.3 million from iGaming and $27.6 million from internet sports betting — representing an iGaming increase of 3.1% and a sports betting increase of 68.7% when compared to last month. Compared to September 2023, iGaming AGR was up by 21.8% and sports betting was up by 47.2%.

Monthly Handle
Total September internet sports betting handle of $501.8 million was up by 79.2% from the $280.1 million handle recorded in August 2024.

Monthly State Taxes/Payments
The operators reported submitting $39.5 million in taxes and payments to the State of Michigan during September, of which:

• iGaming taxes and fees = $38.1 million
• Internet sports betting taxes and fees = $1.4 million

Monthly City of Detroit Taxes/Payments
The three Detroit casinos reported paying the City of Detroit $9.84 million in wagering taxes and municipal services fees during September, of which:

• iGaming taxes and fees = $9.3 million
• Internet sports betting taxes and fees = $535,504

Monthly Tribal Operators’ Payments
Tribal operators reported making $4.8 million in payments to governing bodies in September.

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

As of September 2024, a total of 15 commercial and tribal operators have been authorized to launch iGaming and/or internet sports betting. Currently, 12 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 on the MGCB website.