With an 18.8 percent revenue increase, the State of Michigan reported $176.1 million in revenue from online gamblers in July. The year-on-year bump in betting from July 2022 to July 2023 was even larger.

This past August, $175.4 million was wagered on sports and online casino games in August 2023 2. In 2022, Michigan reported $154.9 million in revenue.

The State of Michigan reported that there was a 13.2 percent increase in revenue year-on-year from August 2022 to August 2023. Despite not having the complete numbers for 2023, Michigan’s online gambling revenue continues to trend up. The total amount wagered by bettors increased from $3.7 billion in 2021 to $4.6 billion in 2022 1. It represents an impressive 41 percent increase from the first year of online gambling in 2021. Online casino games were responsible for $1.58 billion, while sports betting generated $400 million in gross revenue. According to the Michigan Gaming Control Board, Michigan raked in roughly $2 billion in revenue in 2022. The overall trend for iGaming in Michigan has been positive.įrom 2021 to 2022, Michigan’s online gambling revenue rose exponentially. Two years after sports betting was legalized in Michigan, bettors were able to place their first wagers in early 2021. Michigan is reaping the benefits of legalizing online sports betting. Let’s take a deep dive into the latest Michigan sports betting numbers and how the newly-enacted Fantasy Sports Contests Consumer Protection Act potentially impacts your experience. Lawmakers in Michigan, and other states like New York, were taking note.

Some daily fantasy sports companies have taken advantage of legal gray areas to offer player prop bets on their apps. However, Michigan daily fantasy sports apps were recently delivered a blow due to new legislation that took effect in the state. Sports betting in Michigan has been flourishing since online gambling launched in January 2021.

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