Michigan Casinos, Sportsbooks, iGaming Platforms Deliver State Half-Billion Dollars

Michigan Casinos, Sportsbooks, iGaming Platforms Deliver State Half-Billion Dollars.

Costfoto / NurPhoto / Getty Images

Key Takeaways

The Michigan Gaming Control Board (MGCB) reports that 2024 was a record-setting year for its commercial and tribal gaming industries.

Michigan casinos taxes iGaming sports bettingDetroit s MotorCity, MGM Grand, and Hollywood at Greektown, along with online casinos and sportsbooks, delivered Michigan more than a half-billion dollars in 2024 state tax revenue. Most of the gaming tax benefit goes to support K-12 public education. (Image: Casino.org)

The gaming regulator says the state benefited to the tune of more than half of a billion dollars from the three brick-and-mortar casinos in Detroit, retail and online sports betting, iGaming, and fantasy sports. The MGCB collected $501.4 million primarily for the Michigan School Aid Fund, which benefits K-12 public education.

, MotorCity, and Hollywood Casino at Greektown accounted for $99.8 million of the state gaming tax receipts. Retail sports betting at the three casinos added about $655K.

Online gaming, which includes revenue from that have iGaming partnerships with commercial operators, generated almost $388.5 million in associated state taxes. Mobile sports bets directed $12.9 million to the Lansing capital. Taxes on fantasy sports fees amounted to $297K.

Banner Year 

Michigan is the fourth-richest commercial gaming state in the country behind Nevada, New Jersey, and Pennsylvania. The state s gaming growth in recent years has been due to its , which continues to take hold among the gaming public.

As we look back on another successful year, I am proud of the significant impact the Michigan Gaming Control Board continues to have on our state and its residents, said MGCB Executive Director Henry Williams said. From supporting education and first responders to tackling illegal gambling, the MGCB remains steadfast in its mission to protect consumers and enhance the public good.

Not everyone agrees that the expansion of online slot machines, table games, and sports betting to the internet was in the public s best interest. Mental health and addiction counselors say casinos in everyone s pocket have led to heightened rates of problem gambling and the societal strains that come with it like bankruptcies, broken marriages and families, depression, and substance abuse.

Rather than get up and get dressed and go to a casino, I am now able to gamble from my phone, from my computer, from my living room, Alia Lucas, a gambling disorder specialist with the Michigan Department of Health and Human Services, told o. Lucas says online gambling in Michigan, which is one of only seven states with regulated iGaming, has increased the state health agency s workload.

Our interest is making sure the public that s gambling is doing so healthily, Lucas said. It s required us to be more creative in our approach to make sure we re providing the necessary information as to what to look for as far as the signs, how to get help, and where that help is.

Gaming Grants 

Along with the School Aid Fund, the MGCB said it made several critical contributions to state programs from the gaming taxes it collected. They include a $4 million donation to the First Responder Presumed Coverage Fund and $3.7 million to the Agriculture Equine Industry Development Fund.

The MGCB continues to fund responsible gaming programs and resources. The agency directed $3.75 million to the MGCB s Don t Regret the Bet campaign, an Emmy Award-winning program that promotes responsible gaming participation. The MGCB also gave $3 million to the state s Compulsive Gambling Prevention Fund.

Michigan taxes in-person casino revenue at 8.1% (another 9.9% goes to the City of Detroit). Sports betting revenue is taxed at 8.4% for commercial casino sportsbooks and tribal online books. Commercial online sportsbooks are taxed higher at 9.65%. Online range based on total annual revenue from 20% to 28%.

Article Sources
Macau, Hong Kong Require Vaxx for Quarantine-Free Travel Between SARs editorial policy.
  1. End Of An Era: Celine Dion Ending 13-Year Las Vegas Colosseum Residency at Caesars Palace

Compare Accounts
×
Tilman Fertitta Furloughs 40K Employees, Including Golden Nugget Workers, ‘Have to Survive’
Provider
Name
Description
‘Three-Card Monte’ Lawsuit Against Atlantic Lottery VLTs Tossed by Canada’s Supreme Court  End Of An Era: Celine Dion Ending 13-Year Las Vegas Colosseum Residency at Caesars Palace  Las Vegas Strip Waldorf Astoria Window Pane Appears to Spontaneously Shatter and Fall 23 Stories Down: VIDEO  Connecticut Slot Revenue Slides, Casino Win From Gaming Terminals Down $13.1M  Las Vegas Strip Waldorf Astoria Window Pane Appears to Spontaneously Shatter and Fall 23 Stories Down: VIDEO  CES Announces All-Digital 2021 Show, Largest Las Vegas Convention Powered Down  Boyaa Interactive CEO Imprisoned in China on Bribery Charges  Boyd Gaming Says Casino Closures in Several States Are Being Extended  Tropicana Las Vegas on Market, Gaming and Leisure Could Explore Leaseback, Outright Sale  Macau, Hong Kong Require Vaxx for Quarantine-Free Travel Between SARs