iGaming
Michigan iGaming, Sports Betting Operators Report $169.3M in June Revenue
Michigan commercial and tribal operators reported a combined $169.3 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in June. Gross receipts decreased 8.9% compared to May results.
June iGaming gross receipts totaled $151.0 million and gross sports betting receipts totaled $18.3 million. In May 2023, iGaming gross receipts were $150.6 million and gross sports betting receipts were $35.2 million.
Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for June were $146.1 million, including $136.9 million from iGaming and $9.2 million from internet sports betting — representing a 1.0% increase and 58.0% decrease, respectively, compared to May 2023. Compared to June 2022 reported revenues, iGaming AGR was up by 25.1% and sports betting was up by 83.9%.
Total internet sports betting handle at $227.9 million was down by 21.0% from the $288.3 million handle recorded in May 2023.
The operators reported submitting $28.9 million in taxes and payments to the State of Michigan during June, including:
- Internet gaming taxes and fees: $28.4 million
- Internet sports betting taxes and fees: $545,632
The three Detroit casinos reported paying the City of Detroit $7.4 million in wagering taxes and municipal services fees during June, including:
- Internet gaming taxes and fees: $7.1 million
- Internet sports betting taxes and fees: $286,569
Tribal operators reported making $3.5 million in payments to governing bodies in June.
During June, a total of 15 operators offered internet gaming and internet sports betting.
Blokotech
Blokotech serves up Global Padel Tour in collaboration with SiGMA
- Buenos Aires – 16 March (12:00–19:00)
- Malta – 28 April (10:00–16:00)
- Miami – 9 June (time TBC)
- Rome – Grand Finale – 2 November (time TBC)
Additionally, SiGMA CMO Lauranne Urban added: “Blokotech’s Padel Tour is a wonderful idea that we’ve been honoured to help bring to life. It will provide the perfect platform for sporting action, networking and industry culture. This initiative aligns with our event philosophy to deliver engaging, community-driven experiences beyond the conference floor.”
The post Blokotech serves up Global Padel Tour in collaboration with SiGMA appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
1win
1win Announced Token Launch on Solana and BNB Networks
International iGaming brand 1win has announced the upcoming launch of 1win Token, a native crypto asset designed to grow alongside the 1win ecosystem. The token to be deployed on both Solana and BNB Chain, offering benefits from both blockchain environments.
The airdrop criteria tasks are officially announced. It is available exclusively to users of the 1win Token TMA (Telegram Mini App) — a tap-to-earn mini-game that has attracted millions of participants since launch.
“The bigger the platform gets, the more revenue it generates, the more tokens are bought back and burned”, said Alex Filkin, Head of Crypto at 1win. “It’s a transparent model directly linked to real product usage and platform growth.”
1win Token was developed for iGaming-related utility and is designed for use across the 1win platform.
- Play-based usage: $1WIN can be used within games, sports wagering features, and lottery-style modes available on the platform.
- Cashback mechanics: Periodic cashback distributions are facilitated in tokens through an automated repurchase mechanism.
- Network compatibility: The token is supported across both Solana and BNB networks, allowing use with different tools and wallets.
To maintain long-term balance and utility, 1win Token uses two independent mechanisms: Weekly Buyback (for Cashback) and Daily Token Burn.
The mechanics of the Weekly Buyback are simple. Every week, 1win allocates a portion of platform-generated revenue, derived from both fiat and digital asset activity, to repurchase tokens from the open market. Repurchased tokens are then allocated to users who elect to receive $1WIN cashback.
When platform activity is conducted directly using 1win Token, cashback distributions are sourced from existing token-related platform allocations, and no repurchase activity occurs within that cycle.
Daily Token Burn works differently. Every day, 10% of all 1win Tokens spent on the platform — in games, lotteries, BattlePass, etc. — are burned forever. This helps reduce the total supply over time, making the remaining tokens scarcer.
The total supply is limited to 10 billion tokens, split between BNB Chain and Solana. This amount is locked in the smart contracts and can never be increased. All mechanics — buybacks, burns, and cashback payouts — are automated and fully transparent, handled by audited smart contracts on both blockchains.
Key Benefits for Users and Token Holders
For Players:
- Crypto-based deposit bonus programs with defined limits
- Expedited deposit and withdrawal processing, typically under 90 seconds
- Access to lottery-style features for 1win Token holders
- Eligibility for participation in a TMA-based airdrop mechanism
For DeFi users:
- Ongoing token demand mechanisms supported by weekly repurchase activity
- Dual-chain access across decentralized exchanges and liquidity pools
- Staking and reward mechanisms designed for on-chain participation
- Vesting frameworks intended to manage token distribution dynamics
The project has already received interest from participants across the crypto and gaming communities.
About 1win
With 9 years of industry expertise, 1win has grown into a global, crypto-friendly platform that delivers secure transactions across a broad selection of digital currencies. Operating across Asia, Latin America, and Africa, the platform offers a wide range of services adapted to regional audiences. In 2025, 1win welcomed MMA legend Jon Jones as global ambassador.
Website: https://1wintoken.com/
Contact
1win Token
https://1wintoken.com/
The post 1win Announced Token Launch on Solana and BNB Networks appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
1win
1win Announced Token Launch on Solana and BNB Networks
International iGaming brand 1win has announced the upcoming launch of 1win Token, a native crypto asset designed to grow alongside the 1win ecosystem. The token to be deployed on both Solana and BNB Chain, offering benefits from both blockchain environments.
The airdrop criteria tasks are officially announced. It is available exclusively to users of the 1win Token TMA (Telegram Mini App) — a tap-to-earn mini-game that has attracted millions of participants since launch.
“The bigger the platform gets, the more revenue it generates, the more tokens are bought back and burned”, said Alex Filkin, Head of Crypto at 1win. “It’s a transparent model directly linked to real product usage and platform growth.”
1win Token was developed for iGaming-related utility and is designed for use across the 1win platform.
- Play-based usage: $1WIN can be used within games, sports wagering features, and lottery-style modes available on the platform.
- Cashback mechanics: Periodic cashback distributions are facilitated in tokens through an automated repurchase mechanism.
- Network compatibility: The token is supported across both Solana and BNB networks, allowing use with different tools and wallets.
To maintain long-term balance and utility, 1win Token uses two independent mechanisms: Weekly Buyback (for Cashback) and Daily Token Burn.
The mechanics of the Weekly Buyback are simple. Every week, 1win allocates a portion of platform-generated revenue, derived from both fiat and digital asset activity, to repurchase tokens from the open market. Repurchased tokens are then allocated to users who elect to receive $1WIN cashback.
When platform activity is conducted directly using 1win Token, cashback distributions are sourced from existing token-related platform allocations, and no repurchase activity occurs within that cycle.
Daily Token Burn works differently. Every day, 10% of all 1win Tokens spent on the platform — in games, lotteries, BattlePass, etc. — are burned forever. This helps reduce the total supply over time, making the remaining tokens scarcer.
The total supply is limited to 10 billion tokens, split between BNB Chain and Solana. This amount is locked in the smart contracts and can never be increased. All mechanics — buybacks, burns, and cashback payouts — are automated and fully transparent, handled by audited smart contracts on both blockchains.
Key Benefits for Users and Token Holders
For Players:
- Crypto-based deposit bonus programs with defined limits
- Expedited deposit and withdrawal processing, typically under 90 seconds
- Access to lottery-style features for 1win Token holders
- Eligibility for participation in a TMA-based airdrop mechanism
For DeFi users:
- Ongoing token demand mechanisms supported by weekly repurchase activity
- Dual-chain access across decentralized exchanges and liquidity pools
- Staking and reward mechanisms designed for on-chain participation
- Vesting frameworks intended to manage token distribution dynamics
The project has already received interest from participants across the crypto and gaming communities.
About 1win
With 9 years of industry expertise, 1win has grown into a global, crypto-friendly platform that delivers secure transactions across a broad selection of digital currencies. Operating across Asia, Latin America, and Africa, the platform offers a wide range of services adapted to regional audiences. In 2025, 1win welcomed MMA legend Jon Jones as global ambassador.
Website: https://1wintoken.com/
Contact
1win Token
https://1wintoken.com/
The post 1win Announced Token Launch on Solana and BNB Networks appeared first on Americas iGaming & Sports Betting News.
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