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Michigan May Online Casino Revenue Almost Hits $200 Million

Michigan online casinos almost reached $200 million in revenue last month.



More precisely, the Michigan Gaming Control Board (MGCB) reported that iGaming gross receipts totaled  $198.6 million in May, the second-highest monthly sum after March 2024.



Key takeaways




Michigan May online casino revenue is an increase of  3% month-over-month and second-best this year



May revenue represents a 32% year-over-year rise



BetMGM regains the number one MI online casino operator spot.




Michigan’s May online casino revenue increased 3% since April 



Michigan commercial and tribal operators started the year strong. Here’s how revenue from 15 Michigan online casinos has been changing since the beginning of the year:




January 2024 gaming revenue: $181.9 million (0.3% monthly increase)



February 2024 gaming revenue: $188.0 million (3.4% month-over-month increase)



March 2024 gaming revenue: $215.2 million (14.4% monthly increase)



April 2024 gaming revenue in MI : $192.9 million (10.3% month-over-month decrease)



May 2024 gaming revenue: $198.6 million (3.0% monthly increase)




The revenue increased monthly except in April when it fell nearly 10% from March, the highest in the state’s history.



The May revenue figure also represents a 31.9% increase from last year, according to the  MGCB’s May 2024 gaming report . Moving forward, we may even see more record-breaking numbers.



BetMGM returns to no. 1 Michigan online casino operator



BetMGM Casino has been the top market performer for  39 consecutive months since the Michigan online casino market went live in January 2021. That status ended in March when FanDuel became the leader.



FanDuel Casino enjoyed the number one position for two months, March and April until BetMGM came back on top last month.



Top five online casinos in May:




MGM Grand Detroit: $52.6 million



MotorCity (FandDuel): $51.5 million



Bay Mills (DraftKings): $34.9 million



Little River Band of Ottawa (BetRivers): $12.5 million



Grand Traverse Band of Ottawa and Chippewa (Caesars): $11.8 million




The battle for the No. 1 spot continues.



See how Michigan’s revenue compares with other states on our US iGaming Revenue page.

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