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Michigan’s iGaming and sports betting revenue reached $268
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IGaming revenue stayed an important driver, creating $209.1m in modified gross receipts (AGR), a beneficial 23.6% increase. Complete funds of industrial and you may tribal workers attained $268.5m, down 18.9% away from January’s $331.2m however, highlighting good 22.9% year-on-year increase. 5m inside , representing an effective 22.9% year-on-seasons increase. That it integrated $597.5 million to have online casinos and $27.1 million sports betting, while tribal fees strike $71.9 million. Spending-smart, betting deal with toward 12 months try $5.41 billion, a 1.9% raise off 2024. Casinos can get situation a W-2G for individuals who fulfill specific thresholds, however, you are accountable for revealing most of the profits, even though you never found an application.
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