Michigan has entered another big month in the world of online casino games.
Michigan commercial and tribal operators in May reported total online gaming receipts of $160.9 million and total sports betting receipts. Receipts were down 1.4% compared to April’s results.
Online gaming revenue in May totaled $127.4 million, down 3.8% from Michigan’s record of $132.4 million in April. Sports betting receipts totaled $33.5 million, up 9.1% compared to the $30.7 million recorded in April.
Gross adjusted earnings and total adjusted sports betting receipts totaled $137.2 million, including $114.7 million from online casino games and $22.5 million from online sports betting. Adjusted total revenue from online gaming is down 3.9% from April, and adjusted total revenue from online betting is up nearly 35%.
Compared to May 2021, the adjusted gross revenue for online games was up 28.8% during the month of May, and the adjusted gross revenue for online betting was up 127.4% from last year.
Total online sports betting at $333.4 million is down 10.2% compared to April’s results.
The operators provided $24.6 million in taxes and payments to Michigan during the month of May, including $23.5 million from online gaming and $1.1 million from online sports betting.
The three Detroit casinos reported paying $7.1 million in betting taxes and municipal service fees to the City of Detroit during the month of May, including $6.4 million from online gaming and nearly $700,000 from online sports betting.
Tribal operators reported that they paid $2.7 million in payments to governing bodies.
For the first five months of 2022, online sports betting adjusted gross revenue was $572.3 million, and online sports betting adjusted gross revenue was $69 million.
During the month of May, 15 operators were allowed for both forms of online betting.