Michigan Online Gambling Sees A 4% Increase in Revenue For The Month Of July

Michigan has just published July’s report of the total iGaming revenue for the month of July 2023 – featuring a $176.1M – a 4% increase from last June’s $169.3M.

The revenue is inclusive of online casinos and sports betting activity.

An overall increase in PYTD

The increase is more evident when comparing revenue with last year, showing an 18% up-curve revenue from last year to date.

Giving back to the state. This month alone, the state of Michigan was paid $29.8M in taxes – with the biggest contributor being iGaming with $28.7 M and sports providing $1.1M.

Also, land-based casinos in Detroit gave back $7.6M in taxes and municipal fees. These stemmed from the three popular casinos in the area –  Hollywood Casino at Greektown, MGM Grand Detroit and Motorcity.

canada casino news michigan revenue

Gaming societal contribution in Canada

With 2022 recording over 9 billion Canadian dollars in revenue, Canada’s casino market is a big contributor to the economy, with provinces like Saskatchewan, where online casino operators and land-based casinos give millions of dollars back to the community to fund communal projects such as public spaces, schools and community facilities.

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Casino Content Writer
Lara thinks that being happy is all about sipping beer by the sea with her favourite peeps. She understands people through conversation and tries to laugh her way through life. Cooking and writing are at the core of her being, and finds casino reviews to be the most interesting part of her job.

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