24 Jan 20232 min. read

Michigan Reports Revenue Growth in 2022 Driven by Increased Gaming Activity

written and last updated by Sam Smith at 24 Jan 2023 Journalist, Editorial Department

Commercial and tribal operators of gambling and online sports betting in Michigan have reported a year-over-year increase in revenue, following the trend set by their brick-and-mortar counterparts. The state’s Gaming Control Board announced a total gross revenue of $1.98 billion for 2022, marking a 41% rise from $1.4 billion in 2021. Of this total, online casinos contributed $1.58 billion, while sports betting accounted for $399.58 million.
In December alone, the revenue contribution reached $201.6 million, an 8.2% increase from the previous month’s $186.27 million. The adjusted total gross revenue from online gambling and sports betting for 2022 was $1.65 billion, up 47.8% from the $1.1 billion reported in 2021. The overall turnover for the year was $4.6 billion, compared to $3.7 billion in 2021.
Tribal and commercial operators contributed $302.98 million in taxes to the state of Michigan throughout 2022, which included $289.24 million from online casinos and $13.74 million from sports betting. The three commercial operators in Detroit—MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown—paid the city $84.57 million in betting taxes and municipal service fees over the year. Tribal operators reported payments of $32.83 million to local governments.
Taxes and fees from online gaming totaled $77.83 million, while online sports betting generated $6.74 million. In December, the three Detroit casinos reported a combined payment of $8.4 million.
Earlier, we reported that gambling revenues in New Jersey reached record levels.

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