Michigan Gambling Industry Booms In Record-Breaking October

Michigan Casino
  • Michigan Detroit-based casinos made $111.4 million in October revenue.
  • Sportsbooks handled just under $500 million in sports wagers.
  • Online casino games and sports wagers contributed $20.8 million in taxes.

DETROIT - Michigan had a financially great October after commercial and tribal operators generated $109.7 million in revenue.

During a very active Autumn season of legal gambling, Michigan gaming operators reportedly set a new revenue record for the third consecutive month in a row.

The gross revenue from all Detroit-based casinos totaled out to $111.4 million - $13.7 million of which went to the city of Detroit in taxes.

Online casino gaming alone grossed $109.7 million in October revenue, a 7.1% increase from September's online casino play.

October Casino Revenue

  • MGM Grand Detroit: $52,672,008
  • MotorCity Casino: $36,941,265
  • Greektown Casino: $21,857,333

Sports Betting Handle Record

The majority of placed bets in Michigan came primarily from online sportsbooks, but overall October still showed a record high for Michigan sports betting.

Of the $497.6 million of total sports wagers that were placed, $463.3 million came exclusively from online sports betting. This means only $34.2 million came from retail Michigan sportsbooks.

  • Retail handle: $34,221,337
  • Online handle: $463,344,087

October also saw a 28% increase from September's overall sports betting handle. After totaling the number of tax contributions from online casino games and sports wagers, it comes out to over $20.8 million in taxes.

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