SPORTS BETTING GROWTH DRIVES RECORD MONTH FOR MICHIGAN
Michigan’s regulated online sports betting and iGaming market reached new heights in November 2021 as total gross receipts reached $161.7m.
Total gross receipts from the state’s 14 licensed operators rose by 21 per cent compared to the previous record month, with gross monthly sports betting receipts climbing to a record $54.1m and iGaming contributing $107.6m in gross receipts.
MICHIGAN IGAMING AND ONLINE SPORTS BETTING GROSS RECEIPTS: NOVEMBER 2021 (US$)
|iGaming||Online Sports Betting||TOTAL|
|MGM Grand Detroit||40,116,304||12,690,868||52,807,172|
|Bay Mills Indian Community||16,833,955||13,123,232||29,957,187|
|Little River Band of Ottawa Indians||7,041,413||529,442||7,570,855|
|Keweenaw Bay Indian Community||5,806,912||106,824||5,913,736|
|Grand Traverse Band of Ottawa and Chippewa||2,376,566||3,474,688||5,851,254|
|Sault Ste Marie Tribe of Chippewa Indians||4,154,309||393,828||4,548,137|
|Little Traverse Bay Bands of Odawa Indians||2,543,797||514,418||3,058,215|
|Lac Vieux Desert Band of Lake Superior Chippewa||801,055||1,636,392||2,437,447|
|Pokagon Band of Potawatomi Indians||2,371,632||38,696||2,410,328|
|Hannahville Indian Community||1,408,985||155,282||1,564,267|
|Gun Lake Band of Pottawatomi Indians||1,452,859||105,030||1,557,889|
|Nottawaseppi Huron Band of Pottawatomi Indians||1,253,308||46,863||1,300,171|
iGaming receipts surpassed $100m for the third consecutive month in November, but were 2 per cent short of the monthly record of $109.7m in October.
MGM Grand Detroit (BetMGM) continued to lead the iGaming market with gross receipts of $40.1m, well ahead of Bay Mills Indian Community (DraftKings) and MotorCity Casino (FanDuel), which both generated iGaming gross receipts of $16.8m.
The next biggest iGaming operator was Little River Band of Ottawa Indians (BetRivers) at $7.0m, followed by Keweenaw Bay Indian Community (Golden Nugget Online Gaming) at $5.8m.
Greektown Casino (Barstool Sports) collected iGaming gross receipts of $4.6m in November, ahead of Sault Ste Marie Tribe of Chippewa Indians (WynnBet) $4.2m, and Little Traverse Bay Bands of Odawa Indians’ (The Stars Group) $2.5m.
November online sports betting handle grew by 2 per cent month-on-month to a record $473.8m, generating record gross sports betting receipts of $54.1m, up 68 per cent from the previous record in March.
MotorCity Casino maintained its market leadership position in Michigan with online sports betting receipts of $18.3m, ahead of Bay Mills Indian Community’s $13.1m, MGM Grand’s $12.7m and Grand Traverse Band of Ottawa and Chippewa’s $3.5m.
Overall, operators generated adjusted gross receipts (after free play incentives) of $96.3m from iGaming, a fall of 3 per cent compared to the previous month, and $34.5 from online sports betting, up from $4.7m in the previous month.
The state’s 14 licensed operators delivered $21.4m in taxes and payments to the state in November, comprising $19.8m from iGaming and $1.6m from online sports betting.
The three Detroit commercial casinos reported city wagering taxes and municipal services fees of $6.2m, comprising iGaming taxes and fees of $5.3m and online sports betting taxes and fees of $926,598. In addition, tribal operators reported $2.2m in wagering payments to the tribes’ governing bodies.
From the 22 January launch through November, total gross receipts from Michigan’s licensed operators totalled $1.25bn, comprising $992.2m from iGaming and $257.4m from online sports betting.
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