Casinos Set Michigan Online Revenue Record In January With $181.9M
Online casinos set another new Michigan monthly revenue record in January with $181.9 million, bypassing the previous record set in December.
Drew Ellis is a former Lead Writer of PlayILottery.com. He was also the former Lead Writer of PlayMichigan, the No. 1 source for online gambling news in Michigan. A lifelong resident of the state, Ellis has been working in various forms of media since 1998, including more than a decade in the sports betting industry prior to transitioning into US casino markets in 2020.
Online casinos set another new Michigan monthly revenue record in January with $181.9 million, bypassing the previous record set in December.
Fanatics Sportsbook & Casino is set to launch in Michigan on Thursday, Feb. 22 according to the PointsBet website.
January saw sports betting record over $600 million in handle in Michigan, with over $577 million coming from online sportsbooks.
The latest economic projections for Detroit show improved wages and a decline in unemployment. That could lead to improved casino revenue.
Detroit's three casinos saw a big drop in slot and table game revenue during January, while sports betting stayed up.
While the Super Bowl game broadcast featured limited gambling advertisements, they were prevalent during the four-hour pregame.