Michigan's latest report for July 2023 reveals a total iGaming revenue of $176.1M, which marks a 4% rise from June's $169.3M.
This revenue figure encompasses online casino platforms as well as sports betting ventures.
An overall increase in PYTD
The growth becomes more striking when set against last year's data, showcasing an 18% increase compared to the same period last year.
Reinvesting into the state: This month alone, Michigan received $29.8M in taxes, where iGaming was the leading contributor with $28.7M, complemented by sports with $1.1M.
Moreover, Detroit's land-based casinos contributed $7.6M in taxes and municipal dues. These contributions came from the three renowned casinos in the area: Hollywood Casino at Greektown , MGM Grand Detroit, and MotorCity.
Canadian Gaming Industry's Role in Society
With the 2022 revenue exceeding 9 billion CAD, Canada's casino sector plays a pivotal economic role, particularly in provinces like Saskatchewan, where online casino operators generously contribute millions to support local projects such as parks, educational institutions, and community hubs.land-based casinos Latest Articles Available at level-up-casino-australia.com
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