In the month of July, mobile sports wagering and iGaming in Michigan, United States, generated $220.86 million in gross revenue on August 21, 2024.
The Michigan Gaming Control Board compared the figures from the previous month, which projected an increase in gross receipts by almost 3.2%, with the total revenue for July settling at around $191.44 million.
Adjusted gross revenue for the verticals amounted to about $189.5 million, out of which $172.3 million came from iGaming and $17.2 million from sports betting.
Furthermore, gross receipts for sports wagering in Michigan for July were $29.42 million, representing a nearly 9.6% decrease from $250.2 million in June.
Compared to June, the combined iGaming and sports betting total AGR in Michigan for July soared to 4.7%. However, the independent sectors saw an increased AGR of 24.7% and 5.2%, respectively, as opposed to the numbers collected in July 2023.
Last week, the Michigan Gaming Control Board reported that three casinos in Detroit generated approximately $105.9 million in revenue in July. Detroit contributed $9.11 million to the $37.1 million total of payments and taxes submitted to the state.
Among the three casinos, BetMGM led the way with a market share of 48% and a rise in revenue month-on-month by almost 2.5%.
In addition, tribal operators reported that they made a total payment of $4.5 million to the state’s governing authorities throughout July.
MGM Bonus City, a Hybrid Dealer game, was recently unveiled by BetMGM in collaboration with Inspired Entertainment. Following its successful introduction in New Jersey in October, the game will be introduced in Michigan.
Shuffle casino