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Michigan iGaming, Sports Betting Operators Report $242.5 Million in December Revenue, $2.3 Billion Total for 2023

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Michigan commercial and tribal operators reported a combined $242.5 million total Internet gaming (iGaming) gross receipts and gross sports betting receipts in December. Gross receipts increased 15.9% compared to November.

Monthly Gross Receipts

December iGaming gross receipts totaled $181.4 million, the highest to date. The previous high was $175.3 million recorded in November of 2023. Gross sports betting receipts for December totaled $61.1 million, also the highest to date. The previous high was $54.1 million achieved in November of 2021. Last month, iGaming gross receipts were $175.3 million and gross sports betting receipts were $33.9 million.

Monthly Adjusted Gross Receipts

Combined total iGaming and Internet sports betting adjusted gross receipts (AGR) for December were $198.4 million including $163.3 million from iGaming and $35.1 million from Internet sports betting; representing an iGaming increase of 3.5% and a $34.9 million increase for sports betting when compared to November of 2023. Compared to December of 2022 reported revenues, iGaming AGR was up by 18.8% and sports betting was up by 14.3%.

Monthly Handle

Total Internet sports betting handle at $583.0 million was up by 2.5% from the $568.8 million handle recorded in November of 2023. This is the highest Internet sports betting handle to date.

Monthly State Taxes/Payments

The operators reported submitting $36.7 million in taxes and payments to the state of Michigan during December, of which:

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  • iGaming taxes and fees = $34.1 million
  • Internet sports betting taxes and fees = $2.6 million
    Monthly City of Detroit Taxes/Payments

The three Detroit casinos reported paying the city of Detroit $9.4 million in wagering taxes and municipal services fees during December, of which:

  • iGaming taxes and fees = $8.4 million
  • Internet sports betting taxes and fees = $1.0 million

Monthly Tribal Operators’ Payments

Tribal operators reported making $4.3 million in payments to governing bodies in December.

Annual Gross Receipts

In 2023, Michigan commercial and tribal operators reported a combined $2.3 billion total iGaming gross receipts and gross sports betting receipts; $1.9 billion from iGaming and $420.4 million from Internet sports betting, an 18.3% increase over 2022.

Annual Adjusted Gross Receipts

In 2023, Michigan commercial and tribal operators reported a combined $1.956 billion total iGaming adjusted gross receipts and adjusted gross sports betting receipts; $1.733 billion from iGaming and $223.451 million from Internet sports betting, an 18.8% increase over 2022.

Annual Handle

Total handle for 2023 was $4.6 billion.

Annual State Taxes/Payments

The operators paid $369.8 million in taxes and payments to the state of Michigan in 2023, of which:

  • iGaming taxes and fees = $354.0 million
  • Internet sports betting taxes and fees = $15.8 million

Annual City of Detroit Taxes/Payments

The three Detroit casinos reported paying the city of Detroit $95.8 million in wagering taxes and municipal services fees in 2023, of which:

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  • iGaming taxes and fees = $89.4 million
  • Internet sports betting taxes and fees = $6.4 million

Annual Tribal Operators’ Payments

Tribal operators reported making $43.1 million in payments to governing bodies in 2023.

An online gaming and sports betting revenue distribution table is available on the agency’s website.

As of December, a total of 15 commercial and tribal operators have been authorized to launch iGaming and/or Internet sports betting. Currently, 14 commercial and tribal operators offer Internet sports betting and 15 operators offer iGaming. Details for each operator’s Internet gaming and Internet sports betting results are available on the MGCB website.

Gambling in any form is for entertainment purposes only. If someone has a gambling problem, please call the state’s 24-hour, toll-free helpline at 1-800-270-7117 or the MGCB’s responsible gaming section at 1-888-223-3044. Visit the Responsible Gaming page of the MGCB website for information on self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database and DontRegretTheBet .org for additional tools to game responsibly.

The Michigan Gaming Control Board (MGCB) shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the state of Michigan. Learn more at Michigan.gov/MGCB.

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IGT Wheel of Fortune Video Poker Makes Global Debut at Downtown Grand Hotel & Casino in Las Vegas

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International Game Technology PLC announced that it recently introduced its much-anticipated Wheel of Fortune Video Poker game in the world’s most prolific video poker market: Las Vegas, Nev. Guests of Downtown Grand Hotel & Casino (Downtown Grand) in Downtown Las Vegas became the first players in the world to enjoy legendary IGT multi-hand video poker paired with the puzzle-solving, wheel-spinning fun of Wheel of Fortune via IGT’s Wheel of Fortune Video Poker game.

“Becoming the first casino in the world to offer IGT’s Wheel of Fortune Video Poker was an exciting moment for Downtown Grand and one that generated palpable buzz and significant play on our gaming floor. For decades, our players have enjoyed IGT video poker and Wheel of Fortune slots, so combining the DNA of those two products to create something new is an exciting proposition for our players,” said Rick Coltor, Slots Manager at the Downtown Grand Las Vegas.

“Launching IGT Wheel of Fortune Video Poker in Las Vegas, the world’s largest video poker market, marked another important milestone in the rollout of our expanded Wheel of Fortune games portfolio. Our Wheel of Fortune Video Poker game delivers an ideal blend of proven multi-hand poker, jackpot excitement and the signature elements of Wheel of Fortune games that have propelled the theme’s success for more than 25 years,” said Nick Khin, IGT President, Global Gaming.

IGT’s Wheel of Fortune Video Poker is currently available on the CrystalCurve cabinet. Wheel of Fortune Video Poker incorporates the franchise’s famous puzzle-solving features and the iconic “Wheel Bonus” that has had players chanting “WHEEL-OF-FORTUNE!” for decades. The multi-hand poker game is available in triple-play, five-play and ten-play configurations and can award players 30,000, 50,000 or 100,000 credits, respectively, for a dealt royal flush.

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MLB Players Sign Licensing Agreement with PENN Entertainment

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MLB Players Inc., a commercial affiliate of the Major League Baseball Players Association, and OneTeam Partners announced they’ve reached a licensing agreement with PENN Entertainment.

The agreement designates PENN’s sports betting platforms – ESPN BET in the U.S. and theScore BET in Canada – as Officially Licensed Sportsbooks of MLBPI.

PENN now has the rights to use MLB player names, images and likenesses on its sports betting platforms, marketing assets and promotional campaigns.

The deal also includes PENN’s retail sportsbook operations (32 retail sportsbooks at its casino properties, including 19 under the ESPN BET brand).

Last fall, FanDuel and MLBPI reached a similar licensing agreement after the MLB players’ union sued FanDuel and Underdog Fantasy in New York Supreme Court, accusing them of using the names and likeness of ballplayers on their players without permission.

”As baseball season gets underway, we’re excited to offer fans an enhanced betting experience that includes player likenesses, expanded wagering options and a more dynamic product. Partnering with MLB Players Inc. strengthens our connection to the league and its star players and creates additional opportunities to engage fans throughout the season,” said Jason Birney, Vice President of Operations at PENN Interactive.

OneTeam Partners specializes in commercializing group licensing rights for professional athlates, and is a joint venture between the NFL Players Association, MLB Players Association, Women’s National Basketball Players Association, MLS Players Association, and U.S. Women’s National Team Players Association.

“By integrating MLB player rights into PENN Entertainment’s platforms, this partnership brings fans closer to the game while unlocking new business opportunities in sports betting. It highlights the growing influence of players in shaping premium, fan-focused betting experiences while enhancing player NIL rights and widening distribution,” said Frank Arthofer, President of OneTeam Partners.

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Caesars Entertainment Debuts its First Live Dealer Studio Inside One of its Caesars Rewards Destinations

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Caesars Entertainment Inc. announced the launch of its first branded, live dealer studio inside one of its world-class destinations made possible through its partnership with Evolution. The debut of the space inside Tropicana Atlantic City in New Jersey marks the second custom studio made for Caesars live dealer offerings on its online casino platforms following the launch of its first such studio in Pennsylvania earlier this year.

Players 21 and older on Caesars’ online gaming platforms Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino can now enjoy a live dealer experience on mobile that draws inspiration from table game play at the Las Vegas Strip’s most iconic casino, Caesars Palace.

“The opening of this branded studio at one of our Caesars Rewards destinations introduces the newest addition to our ever-expanding online gaming platforms. We’re always striving to marry the world-class experiences our players enjoy at our destinations with the online casino play they love,” said Matt Sunderland, Senior Vice President and Chief iGaming Officer at Caesars Digital.

The New Jersey studio features five blackjack tables, which includes a VIP-exclusive blackjack table, one baccarat table and one roulette table. The tables feature custom felts with imagery and branding from iconic Caesars destinations on the Las Vegas Strip including Caesars Palace & Horseshoe. The studio also caters to VIP players, much like Caesars Rewards destinations, with a VIP-exclusive blackjack table offering an authentic 1-to-1 live high-limit blackjack experience, that could previously only be found in a physical casino.

“Evolution is thrilled to open a second dedicated Caesars live dealer studio inside Tropicana Atlantic City. This studio was made possible through our close partnership with Caesars. Once fully operational, it will generate approximately two hundred job opportunities in Atlantic City. We’re very proud to see a concrete example of how iGaming helps to create jobs and develop the workforce in our local communities,” said Jacob Claesson, Chief Executive Officer of Evolution North America.

Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino are available on iOS, Android, and desktop for those 21 and older in New Jersey, Pennsylvania, Michigan, Ontario, and West Virginia. Each platform offers a dynamic online casino experience with a range of unique Caesarsbranded games alongside hundreds of classic land-based casino favorites and core casino game mechanics, including high limit slots, private live dealer tables, linked progressive jackpots, variations of poker and roulette, and more.

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