Caesars introduces Horseshoe online casino in Michigan
Caesars Entertainment has launched its Horseshoe online casino in Michigan after WynnBet's exit from the state.Earlier this year, in February, Caesars secured a...
Michigan iGaming surges to $198.6M record in May
With US$198.6 million in gross igaming income, Michigan recorded its second-highest amount of revenue to date.
This amount accounted for the largest portion of the $239.5 million in total revenue generated by online gaming in May. April’s $192.9 million in igaming revenue was surpassed by May’s $178.7 million in adjusted gross igaming revenue from the Wolverine State, a 2.6% increase from the previous month.
Gross betting revenues from sports betting increased by $40.9 million, and the adjusted amount of $28.1 million, up 1.2% from April, went toward the $206.8 million total annual growth rate.
The Michigan Gaming Control Board reported:
“Compared to a year ago, in May 2023, igaming AGR was up by 31.9 per cent and sports betting was up by 27.7 per cent.”
However, from $399.1 million in April to $343.7 million in May, the amount wagered on sports online fell by 13.9%.
Supremeland Gaming enters Michigan’s online casino market
The Swedish operator Supremeland Gaming Inc. has just acquired a vendor license to expand in Michigan.After West Virginia, Pennsylvania, and New Jersey, Michigan is now...
