Michigan igaming revenue tops $210 million in September, icasino up 29% year-over-year

Tuesday, October 24, 2023 3:45 PM
Photo: Shutterstock
  • Chris Altruda, MIBets

The Michigan Gaming Control Board reported more than $210 million in operator gross revenue from internet casino gaming and online sports wagering for September, as DraftKings set an all-time high for tribal partners in iGaming.

The $166.4 million from internet casino gaming from the state’s three commercial operators and 15 tribal ones was the second-highest total since launch in January 2021 and second only to the $171.8 million generated in March. It was also 29.3% higher than the $128.7 million claimed by operators in September 2022 and a 9.3% improvement from August.

The Wolverine State’s 14 mobile sportsbooks had a collective 9.6% hold on $457.7 million handle, resulting in $44 million in gross revenue. Operators — most notably DraftKings and BetMGM –aggressively courted bettors, as both had adjusted gross revenue totals of less than 50% of gross revenue.