( Editor’s note: This story is developing and will be updated throughout the day. )
The good times continue to roll for Michigan online casino operators. Meanwhile, tax money continues to pour into the coffers of public bodies throughout the state.
Internet gaming operators earned $107.6 million of revenue in November, according to numbers released Thursday by the Michigan Gaming Control Board . That number was just short of October’s record haul of $109.7 million . However, taking into account one fewer calendar day in November, the daily haul outpaced October by a $3.59 million to $3.54 million count.
Internet gaming, which combines internet casinos with online poker , raised $19.8 million in state tax revenue for the month. The city of Detroit also took in $5.3 million of taxes, while tribal operators across the state raised $2.2 million in tax money.
Since legal online gambling launched in January in Michigan, the state has brought in $179.1 million of tax revenue. Combined with $49.4 million for Detroit and $19.7 million for tribal operators, that’s quite a haul.
And how about this? Since launching on Jan. 22, Michigan internet gaming operators have earned nearly a billion dollars in revenue — $992.2 million through November.
BetMGM Casino once again led the company to another first-place finish in the sector’s revenue race. Combined with BetMGM Poker , and the company raised $40.1 million in internet gaming revenue, good for a 37.3% market share . MGM Grand Detroit BetMGM $40,116,304 $4,011,630 $7,076,516 $3,484,101 Bay Mills DraftKings $16,833,955 $1,683,395 $3,393,725 $848,431 MotorCity FanDuel $16,784,718 $1,678,472 $2,960,824 $1,457,753 Little River BetRivers $7,041,413 $704,141 $1,419,549 $354,887 Keweenaw Bay Golden Nugget $5,806,912 $580,691 $1,170,673 $292,668 Greektown Barstool $4,647,189 $464,719 $819,764 $403,608 Sault Ste. Marie WynnBet $4,154,309 $415,431 $837,509 $209,377 Little Traverse Bay Fox Bet $2,543,797 $254,380 $512,829 $128,207 Grand Traverse Caesars $2,376,566 $850,782 $268,538 $67,135 Pokagon Four Winds $2,371,632 $237,163 $478,121 $119,530 Match-E-Be-Nash-She-Wish Parx $1,452,859 $145,286 $230,133 $57,533 Hannahville TwinSpires $1,408,985 $140,899 $284,051 $71,013 Nottawaseppi Huron FireKeepers $1,253,308 $125,331 $197,466 $49,366 Lac Vieux Desert PointsBet $801,055 $225 $128,133 $32,033 DraftKings Casino edged rival FanDuel Casino for second place by the slimmest of […]
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