Michigan's online casinos have made the state the second-largest market in the U.S. for 2024, just behind Pennsylvania, after setting a new record in December.
The latest figures from the Michigan Gaming Control Board (MGCB) include commercial and tribal operators.
This marks the third consecutive month that Michigan has broken its own record for online gaming revenue, and the January numbers should be out soon.
Michigan Online Casinos Have Banner Year
In 2024, Michigan's online casino gaming industry generated an impressive $2.4 billion in revenue, marking the highest figure ever recorded and a 26.3% increase over 2023. Adjusted receipts also reached a new peak at $2.2 billion, representing a 27% increase.
Caesars Palace Online Casino and Horseshoe Online Casino are available on iOS, Android, and desktop for those 21 and older in Michigan.
Just recently, Hollywood Casino launched its own app in the state. The app offers users a smooth gaming experience by allowing players log in with their ESPN BET account. It is also available on Android, iOS, and desktop platforms.
But it was the prominent brands BetMGM and MGM Grand Detroit, that topped the list with combined gross receipts of $640 million and adjusted receipts of almost $577 million.
FanDuel was close behind. Together with MotorCity Casino, they earned nearly $615 million in gross receipts and almost $553 million in adjusted receipts.
DraftKings and the Bay Mills Indian Community followed, achieving $454.7 million in gross receipts and $409.6 million in adjusted receipts.
Casinos in Detroit, Michigan Continue to Thrive
Detroit's three commercial casinos generated $1.3 billion in revenue from land-based activities, marking an improvement of 1.6%.
Slot machines brought in $1.03 billion, up nearly 5%, while table games earned $251.0 million, a 5.2% increase. However, revenue from retail sports betting adjusted gross receipts fell by almost 31% to $9.7 million.
MGM led with almost $604 million in total land-based revenue, a 7.0% rise. MotorCity Casino's revenue increased by 3.3% just under $386 million, and Hollywood Casino at Greektown saw an increase of almost 3% to just under $293 million.
The three casinos collectively paid nearly $104 million in wagering taxes for slot and table games and $372,729 for retail sports betting to the state.
December Numbers Strong For Casinos in Michigan
The Michigan Gaming Control Board reported that operators generated $244 million in revenue for December.
In December, Detroit's casinos alone generated about $110 million in revenue. This is approximately 6% less than their projections for 2023 but about 1% higher than November's figures.
Revenue from land-based slot machines was roughly $109 million, while retail sports betting brought in around $277,000.
It remains to be seen whether the new year will bring numbers as strong. But with the combination of the NFL playoffs, the college football playoffs, and the NBA and college hoops in full swing, there’s a good chance that January will keep this record-breaking streak alive.
