Michigan records $235.7million gambling revenue for October

According to data released by the Michigan Gaming Control Board, the state's iGaming revenue reached its highest-ever levels in October, with a combined sports betting and iGaming revenue figure of $253.7 million for the month.

Due to a drop in sports wagering revenue, October's total iGaming and sports betting revenue figure decreased by 2.8% from the $261 million made in September 2024. Furthermore, it was reported that during the month, tribal operators submitted a total of $5.2 million to the state of Michigan.

 

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In October 2024, Michigan's iGaming revenue hit a record high of $253.7 million, combining sports betting and iGaming. However, the total revenue was down by 2.8% from September due to a decrease in sports betting revenue. Tribal operators contributed $5.2 million to the state's revenue during the month. Despite the slight dip, the state continues to experience significant growth in its online gambling sector.