In July, Michigan's online gambling income was not enough to break the record.
The regulator in Michigan also claimed that the total amount of money made from gambling in July was approximately the same as in June.
July gaming revenue in Michigan
In July, Michigan's online casinos and sports betting brought in $284.6 million in gross gambling income. This was only 5.6% less than the state's monthly record.
In May of this year, Michigan made $301.4 million, the most money it had ever made. July was not far behind. In the meantime, the state said that July's revenue was up 28.8% over the same month last year, which was almost the same as June's $285.2 million.
The Michigan Gaming Control Board's figures also showed that after spending on advertising, the total adjusted gross receipts were $259.1 million. This was 36.7% more than last year.
In Michigan, iGaming is the best.
Once again, iGaming brought in the most money, with a total of $250.5 million, which is 30.9% more than the previous year. Adjusted sales was $235.2 million, which is around 36.5% greater than the year before.
FanDuel and MotorCity were still the best in the business, but BetMGM and MGM Grand Detroit were not far behind. FanDuel and MotorCity made more than $63.1 million in iGaming revenue, but after adjustments, they made $59.3 million.
BetMGM and MGM Grand Detroit made $62 million in sales, which was $58.3 million after adjustments. The Bay Mills Indian Community and DraftKings came in third with $41.6 million and $39.1 million, respectively.
For tax purposes, commercial iGaming payments were worth more than $49.1 million, while Detroit got $12.1 million. Tribal operators gave $6.1 million to the people in charge.
In July, the money made from sports betting also went up.
In terms of sports betting, gross revenue rose 16% from July 2024 to $34.1 million, while adjusted revenue rose 38.7% to $23.9 million. Online betting spending went up 13% to $282.7 million in terms of handle.
Based on gross revenue in Michigan, this led to a monthly hold of 12.06%.
FanDuel and MotorCity Casino also made $14.1 million in gross revenue, which made them the leaders in the sports betting market. This implies a monthly hold of 15.6% on bets of $90.4 million.
DraftKings and the Bay Mills Indian Community stayed in second place with $9.4 million from a $87.9 million handle, which is a 10.69% hold. BetMGM and MGM Grand Detroit came in third with $5.2 million out of $36.9 million, which is a 14.09% hold.
The state got more over $1.4 million in taxes from sports betting, and Detroit got $411,627.
Detroit casino profits go up a little
The Michigan regulator also released numbers for the three commercial casinos in Detroit that are on land. July's revenue was $107 million, which is just a little more than the $106.3 million it made in 2024.
Table games and slot machines brought in $106 million, while retail sports betting brought in $1 million. MGM Grand Detroit had the most proportion of the market at 48%, followed by MotorCity at 30% and Hollywood Casino at 22%.
The state made more than $8.6 million in casino taxes, and Detroit got $12.6 million. The casinos also paid $39,006 in state retail sports betting tax and $47,674 to the city.