According to figures released on October 23, iGaming brought in most of that total, at $300.2 million. Online sports betting added $55.5 million.
Sports betting handle rose 64.9% from August to $544.8 million. Adjusted sports betting revenue grew at a slower pace, up 2.9% month over month to $24.89 million, but was 88.2% higher than a year earlier. Adjusted iGaming revenue dipped 0.9% from August to $288.15 million while rising 18.4% year over year. Adjusted revenue for both verticals came to $313.04 million.
The state collected $62.4 million in taxes and payments for the month, $60.6 million of it from iGaming and $1.8 million from sports betting. Detroit’s three casinos paid the city $14.0 million in wagering taxes and municipal services fees. iGaming made up $13.5 million of the city’s share and sports betting $548,519. Tribal operators paid $8.3 million to their governing bodies.
