22/06/2023 Michigan online gambling revenue hits $185.8m in May Home > Finance > Michigan online gambling revenue hits $185.8m in May Online gambling gross receipts in Michigan reached $185.8m in May, an improvement on last year but the second consecutive month of decline. The combined total from igaming and sports betting across commercial and tribal operators was 15.5% ahead of $160.9m in May 2022. However, this was 5.1% less than the $195.7m generated in April of this year. Online casino gaming gross receipts amounted to $150.6m, up by 18.2% year-on-year, while gross sports betting receipts climbed 5.1% to $35.2m. It was also reported that total sports betting handle for the month amounted to $288.3m, a 15.0% drop on last year and a 10.7% decline from April. Read the full story on iGB North America. Source: Read Full Article
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