Michigan: Internet casino produces $151M revenue in June, online sportsbooks generate $18M

Michigan: Internet casino produces $151M revenue in June, online sportsbooks generate $18M

Article brief provided by MIBets
  • Chris Altruda, MIBets
July 25, 2023 9:22 PM
  • Chris Altruda, MIBets

The Michigan Gaming Control Board reported on Tuesday internet casino revenue of $151 million for the month of June, a number nearly identical to May’s as the figure exceeded $150 million for the sixth time in the last seven months.

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June’s total was a modest 0.3% increase from May’s operator revenue of $150.6 million, but June is one day shorter than May and year-over-year growth continues to be solid. The gross revenue figure was 24.3% higher compared to the same month last year, while the adjusted revenue of $136.9 million was up 25.1% from 2022. There was slightly more adjusted revenue than expected as WynnBET‘s $5.3 million in AGR came out 9.8% higher than its gross revenue of $4.8 million.