{"id":245,"date":"2024-06-25T20:26:02","date_gmt":"2024-06-25T17:26:02","guid":{"rendered":"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/25\/michigan-digital-gambling-revenue-dips-in-april\/"},"modified":"2024-06-25T20:26:02","modified_gmt":"2024-06-25T17:26:02","slug":"michigan-digital-gambling-revenue-dips-in-april","status":"publish","type":"post","link":"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/25\/michigan-digital-gambling-revenue-dips-in-april\/","title":{"rendered":"Michigan Digital Gambling Revenue Dips in April"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/fDMmqyZz3UI\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Michigans digital gambling income dipped by 8.7% in April, reaching $234.8 million.<\/p>\n<p>Michigans sports wagering and internet gambling businesses generated $234.8 million in April, a decrease of 8.7% from March&#8217;s total earnings. March&#8217;s revenue figure was $257.1 million, the highest total Michigan has seen so far in 2024, although April&#8217;s figures were lower in comparison. Nevertheless, April&#8217;s total revenue was higher than January and February, which were $229.6 million and $218.5 million, respectively.<\/p>\n<p>Compared to the same period last year, April&#8217;s revenue rose by 20%, with Michigans sports betting and online gambling operators earning $195.7 million in the same month last year.<\/p>\n<p>Online gambling income decreased to $192.9 million in April from $215.5 million in March, which was Michigans strongest month for online gambling so far. Meanwhile, sports betting also experienced a significant drop in wagers. Michigans online sports betting operators saw $399.1 million in bets in April, down from $480.4 million in March. However, sports betting revenue stayed stable in April at $41.9 million.<\/p>\n<p>In terms of monthly adjusted gross revenue (AGR), total revenue for online gambling and sports betting was $201.9 million. Of that, $174.1 million came from online gambling, while online sports betting contributed $27.8 million. Monthly AGR for online gambling fell by 10.4%, while sports betting increased by $4.1 million.<\/p>\n<p>However, monthly AGR for online gambling was up 21% compared to the same period last year. <\/p>\n<p>Digital sports wagering revenue increased by 13.3%, while other betting revenue rose by 4%.<\/p>\n<p>Michigan&#8217;s total tax and payment income in April was $37.6 million, a decrease of 8.5% from $41.1 million in March. Of this amount, online gambling contributed $35.8 million, with online sports wagering contributing $1.8 million. Native American operators paid $4.3 million to the governing body in April.<\/p>\n<p>**Michigan Casino Earnings Decline in April**<\/p>\n<p>Detroit&#8217;s three commercial gambling establishments generated $109.4 million in revenue in April, a drop of 11.7% from March, but slightly higher than the $109.7 million generated in the same period last year.<\/p>\n<p>MGM continues to lead the pack among the three commercial casinos, with a 46% market share. Meanwhile, MotorCity and Greektown Casino Hollywood hold 30% and 24% market share, respectively.<\/p>\n<p>The three casinos paid $9.8 million in taxes and municipal service fees to the city of Detroit in April, a decrease of 10.9% from $11 million in March.<\/p>\n<p>**Sign up for iGaming News** <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michigans digital gambling income dipped by 8.7% in April, reaching $234.8 million. Michigans sports wagering&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Michigan Gambling Revenue Dips in April<\/title>\n<meta name=\"description\" content=\"Michigan\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/25\/michigan-digital-gambling-revenue-dips-in-april\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Michigan Digital Gambling Revenue Dips in April\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Michigan\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/25\/michigan-digital-gambling-revenue-dips-in-april\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Next Generation of Online Casino Entertainment\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-25T17:26:02+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/25\/michigan-digital-gambling-revenue-dips-in-april\/\",\"url\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/25\/michigan-digital-gambling-revenue-dips-in-april\/\",\"name\":\"Michigan Gambling Revenue Dips in April\",\"isPartOf\":{\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-25T17:26:02+00:00\",\"dateModified\":\"2024-06-25T17:26:02+00:00\",\"author\":{\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Michigan\",\"breadcrumb\":{\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/25\/michigan-digital-gambling-revenue-dips-in-april\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/25\/michigan-digital-gambling-revenue-dips-in-april\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/2024\/06\/25\/michigan-digital-gambling-revenue-dips-in-april\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Michigan Digital Gambling Revenue Dips in April\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/uptownacesnodepositbonuscodes.icu\/\",\"name\":\"Experience the Next Generation of Online Casino Entertainment\",\"description\":\"Unleash your gambling potential with our up-to-date news, comprehensive reviews, and expert articles. 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