Michigan commercial and tribal operators reported a combined $242.5 million total Internet gaming (iGaming) gross receipts and gross sports betting receipts in December. Gross receipts increased 15.9% compared to November.
Monthly Gross Receipts
December iGaming gross receipts totaled $181.4 million, the highest to date. The previous high was $175.3 million recorded in November of 2023. Gross sports betting receipts for December totaled $61.1 million, also the highest to date. The previous high was $54.1 million achieved in November of 2021. Last month, iGaming gross receipts were $175.3 million and gross sports betting receipts were $33.9 million.
Monthly Adjusted Gross Receipts
Combined total iGaming and Internet sports betting adjusted gross receipts (AGR) for December were $198.4 million including $163.3 million from iGaming and $35.1 million from Internet sports betting; representing an iGaming increase of 3.5% and a $34.9 million increase for sports betting when compared to November of 2023. Compared to December of 2022 reported revenues, iGaming AGR was up by 18.8% and sports betting was up by 14.3%.
Total Internet sports betting handle at $583.0 million was up by 2.5% from the $568.8 million handle recorded in November of 2023. This is the highest Internet sports betting handle to date.
Monthly State Taxes/Payments
The operators reported submitting $36.7 million in taxes and payments to the state of Michigan during December, of which:
- iGaming taxes and fees = $34.1 million
- Internet sports betting taxes and fees = $2.6 million
Monthly City of Detroit Taxes/Payments
The three Detroit casinos reported paying the city of Detroit $9.4 million in wagering taxes and municipal services fees during December, of which:
- iGaming taxes and fees = $8.4 million
- Internet sports betting taxes and fees = $1.0 million
Monthly Tribal Operators’ Payments
Tribal operators reported making $4.3 million in payments to governing bodies in December.
Annual Gross Receipts
In 2023, Michigan commercial and tribal operators reported a combined $2.3 billion total iGaming gross receipts and gross sports betting receipts; $1.9 billion from iGaming and $420.4 million from Internet sports betting, an 18.3% increase over 2022.
Annual Adjusted Gross Receipts
In 2023, Michigan commercial and tribal operators reported a combined $1.956 billion total iGaming adjusted gross receipts and adjusted gross sports betting receipts; $1.733 billion from iGaming and $223.451 million from Internet sports betting, an 18.8% increase over 2022.
Total handle for 2023 was $4.6 billion.
Annual State Taxes/Payments
The operators paid $369.8 million in taxes and payments to the state of Michigan in 2023, of which:
- iGaming taxes and fees = $354.0 million
- Internet sports betting taxes and fees = $15.8 million
Annual City of Detroit Taxes/Payments
The three Detroit casinos reported paying the city of Detroit $95.8 million in wagering taxes and municipal services fees in 2023, of which:
- iGaming taxes and fees = $89.4 million
- Internet sports betting taxes and fees = $6.4 million
Annual Tribal Operators’ Payments
Tribal operators reported making $43.1 million in payments to governing bodies in 2023.
An online gaming and sports betting revenue distribution table is available on the agency’s website.
As of December, a total of 15 commercial and tribal operators have been authorized to launch iGaming and/or Internet sports betting. Currently, 14 commercial and tribal operators offer Internet sports betting and 15 operators offer iGaming. Details for each operator’s Internet gaming and Internet sports betting results are available on the MGCB website.
Gambling in any form is for entertainment purposes only. If someone has a gambling problem, please call the state’s 24-hour, toll-free helpline at 1-800-270-7117 or the MGCB’s responsible gaming section at 1-888-223-3044. Visit the Responsible Gaming page of the MGCB website for information on self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database and DontRegretTheBet .org for additional tools to game responsibly.
The Michigan Gaming Control Board (MGCB) shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the state of Michigan. Learn more at Michigan.gov/MGCB.
Legacy Fantasy Sports Launches On-Demand Daily Fantasy Sports and Wins Best Product Experience Award at the 2024 Fantasy Sports & Gaming Association Winter Conference
Revolutionary fantasy sports platform comes to market in time to extend the football season for thousands following the Super Bowl
The Legacy Fantasy Sports team has re-branded the company with the launch of its all-new, revolutionary fantasy sports app titled On Demand Daily Fantasy Sports (ODDFS) and took home the award for Best Product Experience: Start-Up at the Fantasy Sports & Gaming Association (FSGA) Winter Conference in Las Vegas.
ODDFS is available in the App Store and on Google Play. The change is not only in name but is also more representative of the innovative and first of its kind platform that allows players to be able to create and play in a fantasy sports contest, anytime, 24/7/365 days per year at the snap of your fingers.
“We couldn’t be more thrilled to win the Best Product Experience award at the FSGA Winter Conference,” the co-founder of ODDSF, John Latella, said. “The ODDFS app is literally for everyone and was designed specifically with kids and families in mind. This is why it was important to keep it a non-gambling platform that appeals to casual and die-hard fantasy enthusiasts alike who still want to engage in fantasy sports when there are no ‘live’ sporting events available or their favorite sports season has come to an end.”
As a social gaming fantasy sports app, ODDFS erases the limitations of traditional fantasy sports by allowing friends, co-workers, fans and family members of all ages to actively play in public contests or create their own daily fantasy sports (DFS) contests, no matter the sport, during times when no other platform can be active because there are no ‘live’ sporting events. With ODDFS, they can join or create a DFS contest 24/7/365, utilizing the players of today alongside the grinders, all stars and hall of famers that have stepped on the field over the last 20 years.
ODDFS proprietary technology allows fans to build a roster with players from today and legends of the past, extending each sport’s fantasy season from a few months to every day of the year. Create your roster with over 5,000 NFL players that have taken the field from 2000 to the present and over 30,000 players representing over 290 colleges and universities that have taken the field from 2013 to the present. Check out how we achieve this, as well as our revolutionary in-app functionality.
ODDFS unique in-app functionality includes social networking, weekly, monthly, yearly and all-time leaderboards for each sport, the DFS IQ, which provides the latest fantasy sports news in partnership with Fantasy Pros, customizable public and private leagues and a first-of-its-kind rewards program where users earn points based on the amount of contests that they play in that can be redeemed for in-app rewards.
“Winning this FSGA award is a thrilling achievement because we created ODDFS as a response to the lack of innovation and repetitive nature of the fantasy sports market,” the Chief Operating Officer for ODDFS, Ray Bonkowski, said. “The industry has been focused on sports betting and gambling, which we believe has left a large gap in the market. Our product was built to provide an option for new and existing fantasy sports fans during a period when ESPN, Yahoo, DraftKings, FanDuel and other operators cannot provide an NFL or college football DFS contest because there are no live games on the schedule.”
With over 350 million people playing fantasy sports worldwide, ODDFS believes that many of these are non-sports betting/non-gambling motivated and interested in playing whenever they want. Furthermore, in the United States alone there are 25 million people between the ages of 13 and 17 that currently cannot play DFS on any of the other platforms. We look forward to changing that with ODDFS. For media inquiries, affiliate and partnership opportunities and more information please contact Charlie Bernard at Charlie@ LegacyFantasySports. com.
Michigan Gaming Control Board Executive Director Extends Support for Governor’s Economic Initiatives and State of the State Address
Michigan Gaming Control Board (MGCB) Executive Director Henry Williams has issued the following statement after Governor Gretchen Whitmer delivered her sixth annual State of the State address at the Michigan State Capitol Building this evening, during which she outlined priorities for the year to state legislators and leaders:
“As a native of Detroit, lifelong Michigander and dedicated gaming regulator, I am pleased to express my support for the Governor and her commendable economic initiatives as outlined in her recent State of the State address. Governor Whitmer has demonstrated a sincere commitment to promoting economic growth and revitalizing our great state and Michigan’s gaming industry is a significant contributor to that effort.
“Our commercial and tribal operators are already on a roll in 2024, fueled by momentum from 2023; a year that saw Michigan’s total iGaming and sports betting gross receipts hit a record $2.3 billion. The state continues to receive hundreds of millions of tax dollars from gaming operators and the casinos, which is much-needed funding that goes back into supporting our local communities and their citizens.
“Despite the fact that Michigan only recently launched online gaming three years ago, it has since become an emerging powerhouse and the country’s second leading iGaming market, just ahead of New Jersey and behind Pennsylvania, proving that we’re well on our way to being simply the best.
“It is through the collaboration of government, businesses and communities that we owe our collective success and through which we can achieve continued economic growth and development that creates a better future for all Michiganders. I am proud to be a part of it and pledge my support to collaborate with the Governor and her administration in achieving our shared goals.”
Gambling in any form is for entertainment purposes only. If someone has a gambling problem, please call the state’s 24-hour, toll-free helpline at 1-800-270-7117 or the MGCB’s responsible gaming section at 1-888-223-3044. Visit the Responsible Gaming page of the MGCB website for information on self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database and DontRegretTheBet.org for additional tools to game responsibly.
The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the state of Michigan. Learn more at Michigan.gov/MGCB.
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