The operators reported submitting $33.6 million in taxes and payments to the State of Michigan during November, including: This is the highest internet sports betting handle to date. Total internet sports betting handle at $568.8 million was up by 6.7% from the $533 million handle recorded in October 2023. Compared to November 2022 reported revenues, iGaming AGR was up by 20.5% and sports betting was down by 98.9%.
Last month, iGaming gross receipts were $160.3 million and gross sports betting receipts were $45 million.Ĭombined total iGaming and internet sports betting adjusted gross receipts (AGR) for November were $158.1 million, including $157.8 million from iGaming and $294,810 from internet sports betting - representing an iGaming increase of 9.4% and a 98.7% decrease for sports betting when compared to October 2023. Gross sports betting receipts for November totaled $33.9 million. The previous high was $171.8 million recorded in March 2023. November iGaming gross receipts totaled $175.3 million, the highest to date. Gross receipts increased 1.9% compared to October results.
19, 2023 - Michigan commercial and tribal operators reported a combined $209.2 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in November.
