Michigan Online Casinos and Sportsbooks Bring In $169.3 Million in June

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Online gaming operators in the Great Lake State brought in $169.3 million in combined revenue from sports betting and casino gaming apps in June. The figures represent an 8.9% drop from May’s revenue figures of $185.5 million. 

Despite the decline, online casino operators were actually up .3% last month, bringing in $151 million in revenue. Onnline casinos were also up over 24% from June 2022. 

Sports betting was where operators experienced the biggest drop last month. June ended with total sports betting revenue reaching just $18.3 million, a 48% drop from May’s $35.2 million generated. Year-over-year, however, sports betting operators were still able to generate 18.8% more revenue in June 2023 than in June 2022. With not many major sporting events during the month of June, it makes sense why Michigan experienced a dip in revenue. Just south of the border, Ohio had its lowest handle, hold, and revenue. Other US states like Louisiana also experienced a 17.3% in legal sports betting revenue in June. 

Sports Betting Figures:

  • Top sportsbook by revenue: FanDuel ($9.48 million)
  • Top sportsbook by handle: FanDuel (76.10 million)
  • Total online sports betting revenue for June: $17.93 million
  • Total online sports betting tax revenue: $825,756

Online Casino Figures:

  • Top casino by revenue: BetMGM ($49.21 million)
  • Worst casino by revenue: SI Casino ($1.33 million)
  • Total online casino revenue for June: $151 million
  • Total tax revenue from casino gaming in June: $40.29 million

Tax Revenue

On the sports betting side of things, FanDuel brought in the most tax revenue during the month of June, totaling $621,425 in tax revenue. BetMGM brought in the most tax revenue for online casinos in June, with $12,953,655. 

Take a look at the overall revenue figures from June by operator below:

Casino Operators:

Casino PartnerOnline BrandPromotionsTotal RevenueTax Revenue
MGM Grand DetroitBetMGM$4,920,667$49,206,668$12,953,655
Bay MillsDraftKings$2,716,835$27,168,352$8,130,129
Little River Band of OttawaBetRivers$887,575$8,875,747$2,236,688
Keweenaw BayGolden Nugget$685,821$6,858,213$1,728,270
Grand Traverse Band of Ottawa and ChippewaCaesars$655,409$6,554,089$1,651,631
Sault Ste. Marie Tribe of ChippewaWynnBet$0$4,808,955$1,477,770
Pokagon Band of PotawatomiFour Winds$308,840$3,088,399$778,276
Sagniaw ChippewaEagle$300,324$3,003,241$749,695
Little Traverse Bay Bands of OdawaFox Bet$280,493$2,804,930$706,842
Nottawaseppi Huron Band of PotawatomiFireKeepers$164,873$1,648,729$398,250
Match-E-Be-Nash-She-Wish Band of PottawatomibetParx$164,710$1,647,103$355,774
Lac Vieux Desert Band of Lake Superior ChippewaPointsBet$139,936$1,399,357$277,073

Sportsbook Operators:

Casino PartnerOnline BrandHandleRevenueHold
Bay MillsDraftKings$65,371,309$2,099,4093.20%
MGM Grand DetroitBetMGM$44,613,131$2,964,4126.60%
Grand Traverse Band of Ottawa and ChippewaCaesars$17,751,379$896,3715.00%
Little River Band of OttawaBetRivers$6,016,783$516,2438.60%
Lac Vieux Desert Band of Lake Superior ChippewaPointsBet$4,445,289$388,3118.70%
Match-E-Be-Nash-She-Wish Band of PottawatomibetParx$1,592,689$96,2876.00%
Sault Ste. Marie Tribe of ChippewaWynnBet$1,406,203$134,0839.50%
Sagniaw ChippewaEagle$1,069,044$104,6679.80%
Keweenaw BayGolden Nugget$1,067,204$25,1172.40%
Little Traverse Bay Bands of OdawaFox Bet$959,661$82,0638.60%
Pokagon Band of PotawatomiFour Winds$767,278$38,2765.00%
Nottawaseppi Huron Band of PotawatomiFireKeepers$558,215$29,4175.30%

Mac Daniel is a writer for PlayOnlineCasino and PlayOnlineSportsBetting. He has experience writing about a wide variety of topics, including healthcare, tourism, non-profit organizations, and most recently casino and sportsbetting news. To check out more of his work, visit: playonlinemichigan.com