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.