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According to the Michigan Gaming Control Board, online casinos in Michigan experienced another exceptionally successful month in September. State internet gaming operators disclosed a staggering $102.4 million in online casino revenue for that period.
Since its launch on Jan. 22, the sector has been consistently impressive. From March to August, each month generated revenue ranging from $89.2 million to $97.2 million. September’s revenue propelled Michigan into an elite group alongside New Jersey and Pennsylvania, the leading states in the sector, as the only states to exceed $100 million in revenue for a single month.
In comparison to the previous month, September witnessed a notable 5.3% surge in total revenue. In August, the state’s 14 internet gaming operators generated an unprecedented $97.2 million in earnings, encompassing online poker operators in Michigan as well.
In total, the collaboration between casino and poker operators resulted in a payment of $18.9 million in state taxes, $5.2 million to the city of Detroit, and $2.1 million to state tribal governments. Since its inception, Michigan internet gaming has generated a substantial $139.0 million in state tax revenue, with $38.5 million allocated to Detroit and $15.2 million directed to tribal operators.
In addition, September marked the second complete month following the introduction of live dealer online casino games on July 22, contributing to the remarkable success of Michigan online casinos in August.
BetMGM Casino leads internet gaming operators again
BetMGM Casino has consistently reigned supreme in the revenue sector of Michigan. Alongside BetMGM Poker, this company has held a firm grip on the market share in the state, while its competitors fiercely compete for dominance in the Michigan sports betting market.
BetMGM achieved a remarkable feat in September by generating $40.6 million in revenue, capturing an impressive market share of 39.7%. This tremendous performance shattered BetMGM’s previous monthly revenue record for the state.
| Licensee | Brand | Revenue (GGR) | Promos | State Tax | Local Tax |
|---|---|---|---|---|---|
| MGM Grand Detroit | BetMGM | $40,596,541 | $4,059,654 | $7,161,230 | $3,525,810 |
| Bay Mills | DraftKings | $15,471,967 | $1,547,197 | $3,119,148 | $779,787 |
| MotorCity | FanDuel | $15,393,786 | $1,539,379 | $2,715,464 | $1,336,950 |
| Little River | BetRivers | $6,667,525 | $666,753 | $1,344,173 | $336,043 |
| Keweenaw Bay | Golden Nugget | $4,665,817 | $466,582 | $940,629 | $235,157 |
| Sault Ste. Marie | WynnBet | $4,527,561 | $452,756 | $912,756 | $228,189 |
| Greektown | Barstool | $3,942,729 | $394,273 | $695,497 | $342,426 |
| Little Traverse Bay | Fox Bet | $2,915,453 | $291,545 | $587,755 | $146,939 |
| Pokagon | Four Winds | $2,418,510 | $241,851 | $472,960 | $118,240 |
| Match-E-Be-Nash-She-Wish | Play Gun Lake | $1,648,143 | $164,814 | $246,545 | $61,636 |
| Grand Traverse | Caesars | $1,385,507 | -$6,134 | $229,507 | $57,377 |
| Hannahville | TwinSpires | $1,309,431 | $130,943 | $239,539 | $59,885 |
| Nottawaseppi Huron | FireKeepers | $1,143,231 | $114,323 | $164,625 | $41,156 |
| Lac Vieux Desert | PointsBet | $294,019 | $48,721 | $39,248 | $9,812 |
| Total | $102,380,222 | $10,112,657 | $18,869,078 | $7,279,408 |
In the battle for second place, two major sports betting giants are currently going head to head. Throughout the first eight months, FanDuel Casino has outperformed DraftKings Casino in terms of revenue, securing the second position in the market for five of those months.
In September, DraftKings secured the second position by earning $15.5 million in revenue, representing a 15.1% share. FanDuel, on the other hand, claimed the third spot with $15.4 million in revenue, accounting for a 15.0% share.
In terms of revenue, BetRivers Casino ranked fourth, generating $6.7 million, accounting for a 6.5% share. Meanwhile, Golden Nugget Casino secured the fifth position with $4.7 million in revenue, representing a 4.6% share.
Can you please rewrite the following statement for me? <br><br>Original statement: “I am going to the grocery store to buy some apples and bananas.”
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