Tax revenue from online casinos provides important support for responsible gambling initiatives, first responders, and Michigan’s School Aid Fund.” Briggs added.

“The fact Michigan has surpassed $1 billion in tax revenue from online casinos faster than any other state is a true testament to the power of the sector to drive benefits back to the citizens. “In July, Michigan topped $1 billion in online casino revenue for the year and now, in August, it has passed $1 billion in lifetime taxes collected from online casinos.” “It’s another billion-dollar milestone for Michigan’s online casino sector,” They hit this milestone after 32 months of operation, that’s some four months ahead of Pennsylvania and makes Michigan the fastest state to hit that mark.Ĭommenting on this success, Dave Briggs, the managing editor of, stated, Indeed, August saw the state pass $1 billion in tax revenue. The success of online gambling in the state is not just something that has benefitted the brands that operate in the region but also Michigan’s state coffers. Fourth comes BetRivers with $60 million in revenue, and Fifth and sixth spots are held by Caesars and Golden Nugget, both of whom have made $48 million in revenue. In second place, some way behind is FanDuel with $213 million in revenue, and in third, DraftKings with $195 million. $153.6 million worth of revenue came via this tranche, while $22.5 million came via sports betting.Ī number of operators are licensed to offer online casinos and sports betting in Michigan, and the most popular of these, as of 2023 up to July, is BetMGM, which has amassed over $354 million in revenue for the year. If we dig deeper into the numbers, you’ll see that it’s online casinos, unsurprisingly, that make up the lion’s share of the revenue accrued in Michigan. Those who reside in Michigan and are considering which online casino or sportsbook to sign up with can benefit from the great insight offered online here, you’ll not only secure great insider knowledge on what each provider has to offer but also helpful info about all sweepstakes casinos in the Great Lakes State.

Michigan online gambling taxes