Michigan’s Internet gaming revenue hit a record in January, according to numbers released Tuesday by the state’s gaming control board.
Internet gaming revenue for the month totaled $153.7 million, surpassing the previous record of $152.8 million the month prior. Online sports betting, meanwhile, generated $33.6 million, falling 31.1% from December — results that industry analysts said could have something to do with the launch of internet sports betting across the border in Ohio.
“The January revenue release was highly anticipated, particularly regarding sports betting. It was the first month with Ohio in the mix, and we have a comparison to a year ago when January set the state record for sports betting handle,” Play Michigan lead analyst Paul Costanzo said in a statement.
