12/29/2023 0 Comments Gambling casinos in upper michiganOn a year-on-year basis, iGaming AGR rose by 20.5%, while sports betting saw a sharp decline of 98.9%. iGaming surged by 9.4%, reaching $157.8 million, while sports betting experienced a 98.7% decrease compared to October 2023, amounting to $294,810 in November. In November, iGaming and internet sports betting in Michigan reported combined adjusted gross receipts (AGR) of $158.1 million. On the other hand, sports betting witnessed a dip of $11.1 million from October, reaching $33.9 million in November. The surge was driven by iGaming, which reported record gross receipts totaling $175.3 million, surpassing the previous high of $171.8 million in March 2023, according to the latest report from the Michigan Gaming Control Board. Michigan's commercial and tribal operators collectively generated $209.2 million in iGaming gross receipts and sports betting gross receipts in November, representing a 1.9% increase compared to October.
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