(The Center Square) – Michigan commercial and tribal operators reported a combined $264.2 million total internet gaming gross receipts and gross sports betting receipts in December.
This meant the industry ended 2024 with a combined $2.9 billion in iGaming and sports betting gross receipts. Internet sports betting alone saw a 24% increase over 2023 bringing in $460.5 million, while iGaming totaled $2.4 billion.
This is according to the Michigan Gaming Control Board’s December report.
Online betting quickly boomed in Michigan since first becoming legal in 2019, when Gov. Gretchen Whitmer signed the Lawful Gaming Act into law.
According to PlayMichigan.com, a total of $16 billion of sports wagers have been placed in Michigan since its legalization.
Yet, compared to December 2023 reported revenues, sports betting adjusted gross receipts was down by 99.2%.
There are 15 commercial and tribal operators who have been authorized to launch iGaming and/or internet sports betting in Michigan, with the state continuing to prioritize cracking down on illegal gambling operations.
“The Michigan Gaming Control Board is dedicated to upholding the integrity of gaming in our state,” said Henry Williams, executive director of the Michigan Gaming Control Board.
A percentage of all proceeds raised from gambling are allocated to fund different Michigan programs.
In 2024, gambling generated more than $500 million for the state’s School Aid Fund. Of that, $100.5 million was generated from casino wagering taxes, while iGaming and sports betting operators paid $466.1 million in taxes and payments to Michigan in 2024.
“As we look back on another successful year, I am proud of the significant impact the Michigan Gaming Control Board continues to have on our state and its residents,” Williams said. “From supporting education and first responders to tackling illegal gambling, the MGCB remains steadfast in its mission to protect consumers and enhance the public good.”
Three Detroit-based operations also pay taxes to the city of Detroit, which totaled more than $110 million, while tribal operators reported making $55.3 million in payments to governing bodies in 2024.
