Michigan sees $42.7 million in online gambling receipts in first 9 days
Gongwer News Service
Print
The launch of legal online casino gambling and sports betting gave a boost to state and city of Detroit coffers.
In the period of Jan. 22-31, the state brought in $29.4 million in gross receipts from internet casino gambling and another $13.3 million from internet sports betting, the Michigan Gaming Control Board told a Senate panel Tuesday.
MGCB Executive Director Richard Kalm told the Senate Regulatory Reform Committee that while $115 million was wagered in internet sports betting over about a week and a half, the revenue generated did not nearly equate to that amount.