The end of summer provided a strong set of results for online and retail casinos in the Great Lakes State. Michigan online casinos reported a slight month-over-month increase in adjusted gross receipts and taxes generated in August compared to July.
Overall, Michigan’s iGaming operators took in $176,886,448 in adjusted gross receipts play during the eighth month of the year, according to the Michigan Gaming Control Board. That represented a 2.7% increase from July’s total of $172,297,805.
That month-over-month increase in online casino play directly resulted in a 2.7% increase in taxes from iGaming operators in August, going from $35,981,575 during July to $36,949,260 in revenue from Michigan online casino apps.
When broken down by overall market share, MGM Grand Detroit loomed large in August, with $52.45 million in iGaming revenue, beating out MotorCity Casino ($48.38 million), Bay Mills Indian Community ($36.65 million), Little River Band of Ottawa Indians ($13.03 million) and the Grand Traverse Band of Ottawa and Chippewa Indians ($12.62 million).
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Retail Casino Play Also Rises in August
The story in August was much the same for retail casino operators in Michigan, with a 4.2% month-over-month increase in total adjusted gross receipts to go with a 4.2% increase in state wagering taxes and a 36.5% surge in city wagering taxes.
Overall, the August retail casino total adjusted gross receipts figure finished up at $110,793,319 in August, up 4.2% from July’s sum of $106,303,231, setting the stage for the fall in the Great Lakes State.
When broken down by Michigan retail casino market share, MGM Grand Detroit was the dop dog in August, with $53.86 million in revenue, followed by MotorCity Casino ($30.76 million) and Greektown Casino ($26.18 million). The state has three commercial brick-and-mortar casinos, all in Detroit, where you can play poker, Blackjack and many other table games in person when you’re not using your mobile devise to play Michigan online poker.
In total, Michigan retail casinos chipped in $17,267,565 in city wagering taxes, which represented a 36.5% increase month-over-month from the $12,650,085 collected in July.
That increase was complemented by the 4.2% jump in state wagering taxes in August, going from $8,610,562 in July to $8,974,259 during the eighth month of the year, providing a solid final data point for the month for Michigan casinos.
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