Shorter Month Not an Obstacle for Michigan Online Casinos

Shorter Month Not an Obstacle for Michigan Online Casinos
Fact Checked by Pat McLoone

Despite having three fewer days, February proved to be a good month for Michigan online casino operators. 

The state’s licensed iGaming apps generated $169.2 million in adjusted revenue for the month, a 3.1% increase from the $164.2 million they earned in January.

Michigan received $33.8 million in iGaming taxes for the month, up 12.8% from January.

BetMGM Michigan, the online partner of MGM Grand Detroit, was the top-grossing iGaming app, earning $45.2 million in adjusted gross gaming revenue for the month.

FanDuel Michigan, which partners with MotorCity Casino, finished second with an adjusted gross revenue total of $43.6 million. Both operators reported month-to-month increases, with FanDuel’s earnings up 13% compared to BetMGM’s 4%.

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Successful Feb. for Retail Casinos

The increases weren’t just limited to online operators, either. Michigan’s three commercial casinos, all located in Detroit, reported total revenues of $104.8 million for February, up almost $11 million (or 11.6%) from January. Tax revenue also went up by an identical margin, with the state receiving $8.5 million and Detroit taking $12.5 million.

Stay close to BetMichigan.com for monthly revenue reports and Michigan sports betting and online casino coverage.

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Author

Steve Bittenbender

Steve is an accomplished, award-winning reporter with more than 20 years of experience covering gaming, sports, politics and business. He has written for the Associated Press, Reuters, The Louisville Courier Journal, The Center Square and numerous other publications. Based in Louisville, Ky., Steve has covered the expansion of sports betting in the U.S. and other gaming matters.

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