Michigan online gambling got $42.7 million in gross receipts in its first ten days of the legal market. Also, the Michigan Gaming Control Board launched online gambling last January 22. The report is for the period until January 31.
Online gambling brought a total of $29.4 million. Online sports betting earned $13.3 million from a total handle of $115 million. Also, the state earned $4.4 million in taxes. According to KoreaWager.com sources, Detroit’s three casinos paid $1.37 million in service fees and city gambling taxes.
Tribal casino operators reported $428,615 of gambling payments to their governing bodies. According to people who play online casino games, Michigan online gambling got a good start despite some hiccups in the first week.
Michigan Online Gambling First 10 Days
The taxes and other revenue from online gambling will go to a fund for K-12 students, Detroit, and the tribal communities. There are 12 online legal gaming and sports betting operators in Michigan. They allow people to wager on sports, play online slot machines, and more.
However, it was not smooth sailing for Michigan’s online gaming launch. In its first week, the operations saw several technical glitches. Also, there were losing wagers of at least $100,000. Online sports betting went online Friday with ten apps partnered with a tribal casino or a Detroit casino.
Users reported malfunctions with the BetMGM app. According to MGM Grand Detroit, the downtime was due to the high user traffic. However, their team managed to fix the technical issues later that day.
BetMGM users had trouble redeeming the free bets offers worth $200. Despite the issues, Michigan players are happy with their online gaming experiences. Most of them said their experiences were mostly positive.
However, some players lost six-figure bets. One of them is David Portnoy, founder of Barstool Sports. He wagered $100,000 on the Pistons to win against the Rockets. Also, he wagered on the Red Wings to win against the Blackhawks. Both Detroit teams lost.
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