Michigan Operators Up in December and Overall in 2023

Michigan Operators Up in December and Overall in 2023
Fact Checked by Pat McLoone

The final month of 2023 produced solid returns for Michigan retail and online operators, with month-over-month increases in brick-and-mortar and online gaming revenues.

Overall, Michigan online casinos took in $163,267,138 in total adjusted gross receipts in December, which represented a 3.5% increase from November’s total of $157,769,200.

The Great Lakes State wrapped up December with $34,142,704 in taxes from Michigan’s iGaming operators, which was up 3.6% from November’s total of $32,941,407.

Operators posted total adjusted gross receipts of $1,732,507,596 in 2023, which was up 21.4% from 2022’s total of $1,427,274,464.

The total tax bill for sites followed a similar storyline, with a total of $354,005,203 in 2023, up 22.4% from the year before, when the same operators chipped in $289,243,842 to the state.

The figures were released late Thursday by the Michigan Gaming Control Board. Michigan sports betting reported a 5% increase in handle from November.

Retail Casinos See Revenues Slip Slightly

The final month of the year wasn’t quite as rosy for Michigan’s brick-and-mortar casino operators, with a 2.7% drop in yearly adjusted gross receipts and state and city wagering taxes, though there was a slight month-over-month increase in December’s totals.

The facilities had $1,222,794,216 in total adjusted gross receipts in 2023, which was down 2.7% from the previous year ($1,256,974,742).

The story was the same with state and city wagering taxes in 2023, with the former generating $99,046,332 in 2023 (down 2.7% from 2022’s total of $101,814,954), while the latter generated $155,166,198 (down 0.3% from 2022’s sum of $155,628,432).

For December, Michigan’s retail casinos had $111,396,739 in total adjusted gross receipts, which represented a 46.6% jump from November’s total of $76,002,516.

The retail casinos chipped in $9,023,136 in state taxes, which was up 46.6% from November ($6,156,204) to go with $13,762,266 in city taxes, which was up 47.1%.

BetMichigan.com is your stop for monthly revenue reports, as well as for Michigan casino bonuses.

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Author

Christopher Boan

Christopher Boan is a staff writer for BetMichigan.com. He has covered sports and sports betting for more than seven years and has worked for publications such as ArizonaSports.com, the Tucson Weekly and the Green Valley News.

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