Michigan’s iGaming Industry Remains Stable with Solid Growth
The online gaming industry in Michigan continues to thrive, with both online casino and sports betting services faring well in October.
While the online gaming market may be small in the United States, areas in which services are offered are thriving. One of the newest states to launch online casino gambling is Michigan and the state has seen nothing but growth month after month. The state Gaming Control Board recently released the revenue and wager data for iGaming and both the casino and sports betting sector has seen solid growth!
In October, online casino gaming provided by commercial casinos in Detroit and tribal operators reached over $109 million. The month marked the third one in a row to set a new revenue record. Sports betting is booming too, bringing just over $24 million in revenues.
Online Casinos are Thriving
The online casino market in Michigan is really thriving. Players are enjoying gaming in the state and there is no nearby online competition, which leads to more players from outside Michigan. In October, the $109.7 million generated was better than the September total by over 7% and after promotions and free plays, generated $98+ million for operators.
The industry sent over $20 million to the state and since launching January, the industry has provided $220.8 million on a local and state level. In Michigan, the online casino industry is thriving and showing no sign of slowing down.
The consistency of the industry to bring in revenues on a continual basis is proving helpful to the state as a whole. Online casinos are generating brand-new revenues for the state, which was a main goal of lawmakers when it came to legalizing the industry.
Sports Betting Continues to Reach New Heights
For online sports betting in Michigan, the industry is reaching new heights. For October, over $463 million bets were placed. This was much higher than the March record betting total of $359.5 million. From just September, the industry jumped more than 30%.
Retail sportsbooks have also done well, taking in over $34 million in bets for October. While players can visit a land-based venue for betting, they tend to stick with the online service option. Mobile betting is highly popular among sports fans since bets can be placed from anywhere in the state, via Android or iOS devices.
Mask-Mandate Issued at Detroit Casinos
Along with the revenue reports, casinos in Detroit have big news. The three commercial casino operators in the city have decided to require anyone on-site age 2 and up to wear a face mask. This decision was made voluntarily by the venues after the state has started to see an increase in positive COVID-19 cases.
MotorCity Casino, MGM Grand Detroit, and Greektown all started the mask requirement on Tuesday, November 23. Visitors, employees, and any visiting service providers must wear a mask at all times indoors, and only remove it when eating or drinking.
It is unclear as to how this mandate will affect the casino’s business. For the most part, Michigan has been anti-mask from the start, with many people protesting when COVID-19 began due to the many restrictions issued in the state.
The casinos may see a shortage of visitors unfortunately if residents are unwilling to wear a mask on-site. Patrons visiting any of the three casinos that do not have a mask will be provided one by the operator.
It will be interesting to see how the change affects the venues. Players may opt to go online and gamble instead of visiting the commercial casinos or go to the tribal venues, where mask-wearing is so far, not a requirement.