{"id":20018,"date":"2024-04-17T16:05:16","date_gmt":"2024-04-17T16:05:16","guid":{"rendered":"https:\/\/instantcasinos.com\/?p=20018"},"modified":"2024-04-18T14:03:11","modified_gmt":"2024-04-18T14:03:11","slug":"michigan-online-igaming-operators-report-275-1m-in-march-revenue","status":"publish","type":"post","link":"https:\/\/instantcasinos.com\/blog\/2024\/04\/17\/michigan-online-igaming-operators-report-275-1m-in-march-revenue\/","title":{"rendered":"Michigan Online Gaming Revenue Hits $275.1Million In March"},"content":{"rendered":"<p><strong>Michigan reported its highest monthly revenue for online gaming so far this year in March, with $257.1Million taken in from sports betting and igaming operators.<\/strong><\/p>\n<p>March was a very successful month for Michigan&#8217;s igaming revenue, with figures rising by 17.7% from February&#8217;s $218.5m. The revenue generated in March was also a 12% increase on January&#8217;s number, showing progressive development month-by-month as the year continues.<\/p>\n<p>Michigan&#8217;s revenue in March this year from igaming was $215.5m which is 18.8% higher than last years figures from the same month.<\/p>\n<p>There has never been a more positive month for Michigan in terms of revenue since igaming was officially launched within the state &#8211; as March 2024 was the most profitable month for online gaming since launching in January 2021. The previous high for revenue from gaming in a single month within Michigan was $188m reported in February earlier this year.<\/p>\n<p>Sports betting didn&#8217;t account for anywhere near as much revenue as igaming did through March, but sportsbooks still reported $41.9m of monthly revenue, a 37.4% increase from the month prior.<\/p>\n<h3>Detroit Casinos Enjoy Positive March<\/h3>\n<p>Detroit&#8217;s three commercial casino&#8217;s in state are MotorCity Detroit, MGM Grand Detroit and Hollywood Casino at Greektown. The three Detroit casino&#8217;s made an impressive $123.9m in March which was a 18.5% rise on the figures from February.<\/p>\n<p>See below a breakdown of how much each casino&#8217;s market shares were through March.<\/p>\n<ul>\n<li>MGM Grand Detroit &#8211; 46%<\/li>\n<li>MotorCity Detroit &#8211; 31%<\/li>\n<li>Hollywood Casino at Greektown &#8211; 23%<\/li>\n<\/ul>\n<p>Check out the <a href=\"https:\/\/instantcasinos.com\/\">Fastest Payout Online Casinos<\/a> at InstantCasinos for a top-notch gaming experience.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michigan reported its highest monthly revenue for online gaming so far this year in March, with $257.1Million taken in from sports betting and igaming operators. March was a very successful month for Michigan&#8217;s igaming revenue, with figures rising by 17.7% from February&#8217;s $218.5m. The revenue generated in March was also a 12% increase on January&#8217;s &hellip; <\/p>\n","protected":false},"author":64,"featured_media":20092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-20018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Michigan Online Gaming Revenue Hits $275.1Million In March<\/title>\n<meta name=\"description\" content=\"Michigan has reported its highest revenue for online gaming so far this year, with $257.1m made during March on sports betting and igaming.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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