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Detroit casinos have a rough Super Bowl but eat some big losses on purpose
7 Michigan casinos have lost money on sports betting
Casinos take initial hit attracting bettors with free plays, promos
Wikicommons
MotorCity Casino reported a loss of $5.8 million
MotorCity Casino Hotel lost $183,680 at its physical sportsbook last month, marking the first loss for a Detroit casino on retail sports betting since it launched a year ago.
That s a fraction of what it lost in the first 10 days of online sports betting $5.7 million, according to data from the Michigan Gaming Control Board. Online gaming receipts for February, the first full month for legal online betting in Michigan, won t be released until next week.
Another US State Opens Up to Online Gaming Wednesday, March 10, 2021 12:47 AM UTC
Recent years have seen massive changes in the US gambling industry. The number of states that have legalized gambling continues to increase. The most recent state to make this decision is Michigan, and already several online sites have been launched.
2018 was an important year for the US gambling industry. Before then, it had been the Federal Government that made decisions regarding legalizing gambling. After a long campaign to change this, a US Supreme Court judge made a vitally important ruling: it was the decision of individual states whether or not to legalize gambling.
Casinos are seeing new customers now that online betting is legal in Michigan. Author: Amir Abbas Updated: 6:34 PM EST February 10, 2021
MANISTEE, Mich. Scott Lengerman can t wait to wager money on college basketball s NCAA tournament next month. March Madness is going to be opening up a can of worms this year, we will see how much it takes off. I think the sky is the limit on this, says Lengerman, an avid sports fan.
Online betting is now legal in Michigan and is off to a successful start. According to data from GeoComply, more than 100,000 people in Michigan created online gambling accounts in the first week betting was legal.
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