Reports

iGaming, sports betting operators report $268.5M in February revenue in Michigan

Wednesday 19 de March 2025 / 12:00

⏱ 2 min read

(Detroit).- Michigan commercial and tribal operators reported a combined $268.5 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in February. Gross receipts decreased 18.9% compared to January.

iGaming, sports betting operators report $268.5M in February revenue in Michigan

Monthly Gross Receipts
February iGaming gross receipts totaled $222.5 million and gross sports betting receipts totaled $46.0 million, which is a decrease from the $83.0 million recorded in January.

Monthly Adjusted Gross Receipts
Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for February were $236.3 million, including $209.1 million from iGaming and $27.2 million from internet sports betting — representing an iGaming decrease of 10.3% and a sports betting decrease of 50.2% when compared to January. Compared to February 2024 reported revenues, iGaming AGR was up by 23.6% and sports betting AGR increased by $14.3 million.

Monthly Handle
Total internet sports betting handle at $379.8 million was down by 31.6% from the $555.2 million handle recorded in January.

Monthly State Taxes/Payments
The operators reported submitting $43.8 million in taxes and payments to the State of Michigan during February, of which:

  • iGaming taxes and fees = $42.3 million
  • Internet sports betting taxes and fees = $1.5 million

Monthly City of Detroit Taxes/Payments
The three Detroit casinos reported paying the City of Detroit $12.1 million in wagering taxes and municipal services fees during February, of which:

  • iGaming taxes and fees = $11.5 million
  • Internet sports betting taxes and fees = $640,249

Monthly Tribal Operators’ Payments
Tribal operators reported making $4.7 million in payments to governing bodies in February.

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

As of February 2025, 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.

Categoría:Reports

Tags: Sin tags

País: United States

Región: North America

Event

SBC Summit Americas 2026

09 de June 2026

Belatra Games Highlights Networking Value at SBC Summit Americas 2026

(Fort Lauderdale, SoloAzar Exclusive).- Lucila M. Barletta, Head of Accounts LatAm at Belatra Games, shared her insights on the company’s participation at SBC Summit Americas. From strengthening partnerships to exploring new opportunities, she emphasized the importance of both large industry events and smaller networking experiences in driving meaningful business growth.

Friday 03 Jul 2026 / 12:00

Zenith Strengthens LATAM Presence at SBC Summit Americas

(Fort Lauderdale, SoloAzar Exclusive).- In conversation with SoloAzar, Eddie Morales, Zenith's Business Development Manager, shared the company’s objectives at SBC Summit Americas, the opportunities generated, and the outlook on the future of the gaming industry in Latin America.

Friday 03 Jul 2026 / 12:00

LSports LATAM Secures Major Partnerships at SBC Summit Americas 2026

(Fort Lauderdale, SoloAzar Exclusive).- In Q&A after SBC Summit Americas 2026, Fernando Martinez, representative of LSports LATAM, talked about the company’s goals, achievements, and future plans in the region. Martinez shares insights on the evolving dynamics of the Latin American market, the importance of strategic partnerships, and how LSports is positioning itself as a leading data and trading services provider.

Wednesday 01 Jul 2026 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.