Michigan igaming and sports betting operators have reported $195.7m in revenue for April, which is a 9.6 per cent decline compared to the previous month.
According to a report from the Michigan Gaming Control Board, combined commercial and tribal operations from 15 operators in the Wolverine State earned $159.4m in igaming revenue and $36.3m in sports betting income.
Both of these figures have decreased compared to what the state achieved in March, as during that month, igaming earned a record gross receipts of $171.8m, while sports wagering achieved gross receipts of $44.6m.
In April, Michigan’s combined total internet gaming and internet sports betting adjusted gross receipts were $167.9m – $143.4m from igaming and $24.5m from online sports betting.
While the segment numbers were an improvement of 20.2 per cent and 46.8 per cent respectively compared to the previous year, they were down by 7.3 per cent and 22 per cent respectively in comparison to March.
Michigan’s online sports betting operators declared a total handle of $322.8m for April, a 20.8 per cent drop compared to March’s $407.7m.
The state received $31m in taxes and payments from operators during the month, with $29.4m from igaming and $1.6m from online sports betting. Tribal operators paid $3.6m during the period to governing bodies.
In addition, the three Detroit casinos paid the city of Detroit $8.1m in wagering taxes and municipal services, with $7.5m from igaming and $620,743 from online sports wagering.
Earlier this month, Detroit’s three casinos reported slight declines in revenue during April as sports betting and table games and slots income all fell compared to the previous year.
