{"id":7757,"date":"2024-08-22T06:46:19","date_gmt":"2024-08-22T06:46:19","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/08\/22\/michigans-gaming-revenue-sees-moderate-growth-in-july\/"},"modified":"2024-08-22T06:46:19","modified_gmt":"2024-08-22T06:46:19","slug":"michigans-gaming-revenue-sees-moderate-growth-in-july","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/08\/22\/michigans-gaming-revenue-sees-moderate-growth-in-july\/","title":{"rendered":"Michigan\u2019s Gaming Revenue Sees Moderate Growth in July"},"content":{"rendered":"<div>\n<p>The Michigan Gaming Control Board has released the latest figures for online gaming and sports betting, showing a modest increase in gross gaming receipts (GGR) for July. The state recorded a total of $220.9 million in GGR from both iGaming and sports betting, reflecting a 3.2% rise from the previous month.<\/p>\n<h2>iGaming and Sports Betting Results<\/h2>\n<p>In July, Michigan\u2019s iGaming sector generated $191.4 million in gross receipts, marking a notable $8 million increase from June. However, sports betting saw a slight decline, with gross receipts falling to $29.4 million, down nearly $1 million from the previous month.<\/p>\n<p>The state\u2019s internet sports betting handle for July amounted to $250.2 million, representing a 9.6% drop from June. Despite this decrease, adjusted gross receipts (AGR) for iGaming and internet <a href=\"https:\/\/igaming.org\/sports\/section\/about-sports-betting\/\">sports betting<\/a> totaled $189.5 million. iGaming contributed $172.3 million to this total, while sports betting added $17.2 million.<\/p>\n<p>Year-over-year, iGaming AGR surged by 24.7%, and internet sports betting AGR saw a 5.2% increase. These numbers highlight the continued growth in Michigan\u2019s online gambling market.<\/p>\n<p>In terms of state taxes, Michigan\u2019s gaming operators reported $37.1 million in contributions for July. Of this, iGaming accounted for $36 million in taxes and fees, with internet sports betting contributing an additional $1.1 million. Tribal operators also made significant payments, totaling approximately $4.5 million.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow noopener\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Additionally, the Michigan Gaming Control Board\u2019s report on the Detroit casinos revealed that the three establishments combined for $105.9 million in revenue for July. Notably, MGM Grand Detroit was the only casino to report a revenue increase, reaching nearly $51.3 million for the month.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/michigans-gaming-revenue-sees-moderate-growth-in-july\/\">Michigan\u2019s Gaming Revenue Sees Moderate Growth in July<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Michigan Gaming Control Board has released the latest figures for online gaming and sports betting, showing a modest increase in gross gaming receipts (GGR) for July. The state recorded a total of $220.9 million in GGR from both iGaming and sports betting, reflecting a 3.2% rise from the previous month. iGaming and Sports Betting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-7757","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=7757"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7757\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=7757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=7757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=7757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}