June was not kind to Michigan online casino and retail casino operators compared to the previous month. The state’s retail and online sectors experienced month-over-month declines in adjusted gross receipts for each camp during the sixth month of the year.
Overall, Michigan iGaming operators took in $164,557,737 in total adjusted gross receipts in June. That was down 7.9% from May’s total of $178,719,475.
Retail casino operators saw a sum of $104,554,380 in revenue last month. That total was down 6.1% month-over-month from the $111,341,364 that Michigan’s brick-and-mortar casino operators reported in May.
Breakdown of Michigan Revenue at Casinos in June
That drop in retail casino gross receipts resulted in a 6.1% month-over-month slump in wagering taxes at both the state and city level, with the former finishing up at $8,468,905 in June (down from $9,018,650 in May). The taxes paid out by Michigan retail casinos to the city of Detroit fell by the same percentage, wrapping up June at $12,441,971, down from the $13,249,622 collected the month prior.
As for Michigan online casino apps, commonly called iCasino or iGaming, the total tax bill was 7.3% lower, from $37,046,569 the previous month to $34,358,207 in June.
Among individual iGaming operators, MGM Grand Detroit led with $47.885 million in June revenue, edging MotorCity Casino ($45.578 million) for the top spot in the state. Among tribal casinos, Bay Mills Indian Community was the leader at $32.526 million, followed by Little River Band of Ottawa Indians at $12.267 million.
The Michigan Gaming Control Board reported that the total revenue from iGaming and online sports betting was $214.1 million for June, down 10.6% from May.
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