The highest revenues among all online casino operators are made by: Lac Vieux Desert Band of Lake Superior Chippewa Match-E-Be-Nash-She-Wish Band of Pottawatomi Grand Traverse Band of Ottawa and Chippewa Online Casinos: Lifetime Revenue and Tax Collected Operator Listed below are their lifetime revenue and taxes paid since 2021. Let’s see how each online casino operator fared throughout the years. While MI’s online gambling revenue has been thriving, it has yet to catch to New Jersey, reaching over $6.5 billion, almost double that of Michigan’s. However, industry analysts project 2023 to break the previous year’s records, with July 2023 numbers showing the revenue potential. In 2022, online casinos and sports betting generated the most revenue. These two produced $717 million in taxes for the state. Michigan now boasts a total revenue of $3.784 billion in online casinos and $972 million in sports betting. Below are the states’ lifetime online gambling revenue and taxes paid. The state launched its online gambling sites only in 2021, two years after its legalization in 2019. New Jersey, MI’s top competitor, started in 2013. Michigan’s online gambling industry is young compared to other states in the US. Online Gambling Industry Earnings in the State of Michigan Michigan’s o nline casinos made the most significant revenue among the three gambling types, with $ 1.113 billion in 2021 and $1.5 billion in 2022.Michigan currently holds the second-highest revenue in all of the US for July 2023.Online lottery made the least revenue among the three gambling types.The total handle made by bettors in 2022 was $4.6 billion, 24% higher than in 2021, which was $3.7 billion.Of this, only $193.2 million came from the online lottery. Michigan Lottery had a total revenue of $4.9 billion in 2022.Only $241.8 million of it came from the online lottery. MI’s total lottery sales in 2021 amounted to $5.05 billion.The online gambling industry made a revenue value of $1.98 billion in 2022.In 2021, Michigan’s online gambling industry had a $1.40 billion revenue.Michigan online gambling revenue reached $3.784 billion in online casinos and $972 million in online sports betting since online gambling began in 2021.

Michigan online gambling taxes