Michigan online casinos have started to slow down on raking record revenue for February. According to a report from the Michigan Gaming Control Board (MGCB), operators produced $222.6 million in February revenue, resulting in a 10.4% month-over-month decrease.
The MGCB also published additional market information that showcased the total money players in Michigan spent online sports betting decreased from $555.2 million in January to $379.8 million in February. This translates to a month-on-month decline in handle of 31.6%
While declining revenue from online casino games throughout the year is normal, Michigan online casinos saw such declines this early in the year. Usually, declining revenues don’t begin until the start of the second quarter.
However, Michigan will still hold the second spot of the most lucrative online gaming market for February after New Jersey tallied $207.8 million in revenue last month. Pennsylvania still holds the top spot with $261.5 million in revenue collated for February.
That said, Michigan online casinos have raked in $470.8 million in revenue in the first two months of 2025. This is a 27.3% increase from this point last year.
Michigan Online Casino Operators Paid Millions in Taxes
Michigan online slot games and online sports betting operators paid a total of $43.8 million in taxes to the state. Most of this was paid by the online casino sector, which submitted $42.3 million in iGaming taxes and fees. Meanwhile, the online sports betting sector paid $1.5 million in taxes and fees.
Moreover, MGCB’s February report noted that Detroit’s three casinos paid $12.1 million in sports betting taxes and municipal services fees. This included $11.5 million in iGaming taxes and fees, as well as $640,248 in internet sports betting taxes and fees.
Rounding up the monthly tax payments, tribal operators contributed $4.7 million in total payments to the local government.
