Online Casinos Enjoy Another Massive Month In Michigan With $107.6 Million In Revenue

Written By Matt Schoch on December 16, 2021
Michigan Online Casino Revenue December 2021

The good times continue to roll for Michigan online casino operators. Meanwhile, tax money continues to pour into the coffers of public bodies throughout the state.

Internet gaming operators earned $107.6 million of revenue in November, according to numbers released Thursday by the Michigan Gaming Control Board. That number was just short of October’s record haul of $109.7 million. However, taking into account one fewer day on the November calendar, the daily haul outpaced October by a $3.59 million to $3.54 million tally.

Sector raised nearly $20 million of state tax revenue in November

Internet gaming, which combines internet casinos with online poker, raised $19.8 million in state tax revenue for the month. The city of Detroit also took in $5.3 million of taxes, while tribal operators across the state raised $2.2 million in tax money.

Since legal online gambling launched in January in Michigan, the state has brought in $179.1 million of tax revenue. Combined with $49.4 million for Detroit and $19.7 million for tribal operators, that’s quite a haul.

And how about this? Since launching on Jan. 22, Michigan internet gaming operators have earned nearly a billion dollars in revenue — $992.2 million through November.

In short order, Michigan reached the top tier of states for internet gaming revenue, rivaling leader New Jersey and also Pennsylvania.

BetMGM again leads the internet gaming operator race

BetMGM Casino once again led the company to another first-place finish in the sector’s revenue race. Combined with BetMGM Poker, and the company raised $40.1 million in internet gaming revenue, good for a 37.3% market share.

LicenseeBrandRevenue (GGR)PromosState TaxLocal Tax
MGM Grand DetroitBetMGM$40,116,304$4,011,630$7,076,516$3,484,101
Bay MillsDraftKings$16,833,955$1,683,395$3,393,725$848,431
Little RiverBetRivers$7,041,413$704,141$1,419,549$354,887
Keweenaw BayGolden Nugget$5,806,912$580,691$1,170,673$292,668
Sault Ste. MarieWynnBet$4,154,309$415,431$837,509$209,377
Little Traverse BayFox Bet$2,543,797$254,380$512,829$128,207
Grand TraverseCaesars$2,376,566$850,782$268,538$67,135
PokagonFour Winds$2,371,632$237,163$478,121$119,530
Match-E-Be-Nash-She-WishPlay Gun Lake$1,452,859$145,286$230,133$57,533
Nottawaseppi HuronFireKeepers$1,253,308$125,331$197,466$49,366
Lac Vieux DesertPointsBet$801,055$225$128,133$32,033

BetMGM has led the state’s 14 internet gaming operators in each of the 11 months so far, dating back to the state’s Jan. 22 launch of online gambling.

DraftKings Casino edged rival FanDuel Casino for second place by the slimmest of margins. Both companies rounded to $16.8 million of revenue, with DraftKings earning $49,237 more than FanDuel. Market shares for both brands rounded to 15.6%.

BetRivers Casino was fourth in revenue for the month at $7.0 million, and Golden Nugget Casino was fifth at $5.8 million.

After posting under $1 million of revenue for the first time in any month in October, Stars Casino/PokerStars MI bounced back in November. The operators reported a $2.5 million take for the month, seventh in the pecking order.

WynnBet Casino was sixth for revenue at $4.2 million.

Photo by Victor Josan/Dreamstime
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Matt Schoch

A Michigan native, Matt has worked at newspapers in Michigan, Missouri and the Virgin Islands. A versatile sports reporter, Matt has covered sailing on the Great Lakes, cricket in the Caribbean, high school and pro playoffs, and the Olympics in Rio. He's also the former host of the Locked On Pistons Podcast and producer of a documentary on Emoni Bates. A former blackjack dealer, Matt has studied the industry from all sides.

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