The heart of spring continues to produce strong numbers in the Great Lakes State, though Michigan online casinos reported a 10.4% month-over-month drop in total adjusted gross receipts (TAGR). That led to a 9.2% decline in tax dollars for iGaming operators month-over-month in April.
Michigan also had an 11.8% dropoff in retail casino total adjusted gross receipts and matching declines in state and city wagering taxes.
Breakdown Of April Casino Revenue
Overall, Michigan iGaming operators took in $174,164,903 in total adjusted gross receipts in April, compared to March’s total of $194,469,136. But it’s worth noting that the March total was a state record, and the April number was the second-highest figure in state history. Entering 2024, the high mark for TAGR was nearly $163.27 million in December 2023; this year, that figure has been surpassed in three out of four months.
Retail casinos in the state had $107,872,951 in total adjusted gross receipts during the fourth month of the year, down 11.8% from March’s total of $122,262,266.
Michigan’s iGaming operators saw a 9.2% drop in state tax dollars, from $39,439,011 in March to $35,804,229 in April. Retail operators finished down 11.8% in state taxes (a drop from $9,903,244 to $8,737,709) as well as city taxes (from $14,549,210 to $12,836,881) from wagering.
Statewide, the leader when it came to adjusted revenue in April among the state’s three Detroit casinos was MGM Grand Detroit, at $49,864,647, followed by MotorCity Casino ($32,678,075) and Greektown Casino ($25,330,230). Outside of the Motor City, the revenue leaders among casinos were Bay Mills Indian Community ($38,503,700), the Little River Band of Ottawa Indians ($12,451,778) and Grand Traverse Band of Ottawa and Chippewa Indians ($11,287,043) in the Great Lakes State.
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USA Today Network photo by Amanda Inscore/The News-Press
