The state’s online gambling operators brought in nearly $2 billion in revenue in 2022, up 41% from the previous year, the Michigan Gaming Control Board reported Monday.
The results include both commercial and tribal operators. Internet casino games generated $1.58 billion in total gross receipts, while online sports betting brought in just shy of $400 million.
Deducting the value of free play incentives bettors used, the results for the year came to $1.65 billion — up nearly 48% from 2021, the state agency reported. The total handle, or amount wagered, for the year was $4.6 billion, up from $3.7 billion the year before.
“Online casinos in Michigan finished the year incredibly strong, eclipsing $1.5 billion in revenue in 2022,” Paul Costanzo, lead analyst for Play Michigan, a site that covers the gaming industry, said in a statement Monday.