Another Michigan Online Casinos Revenue Record With $109.7M In October
Michigan's internet gaming sector set another revenue record in October. The sector raised $109.7 million. It was the first nine-figure revenue month in the sector's history.
BetMGM Casino Michigan earned $41.4 million in revenue, good for a 37.7% market share. DraftKings Casino earned more than FanDuel Casino in October. The 10 of 14 MI internet gaming brands improved revenue from September.
Stars Casino and PokerStars MI lost $984,512 in October. That's the first month Flutter brands brought in less than $1 million in MI revenue.
October was big internet gaming month for Michigan. Operators paid $20.3 million in state taxes, $5.5 million to the city of Detroit and $2.2 million for tribal operators. Since January, online casinos and poker have contributed $159. 3 million of tax money to state, and $44.0 million to Detroit, and $17. 5 million to tribes.