Michigan Online Casino Revenue Decreases in April 2023

By Raymond
Published June 2, 2023
Michigan Online Casino Revenue - ACG

Online casinos and sports betting sites saw a decline of 9.6% in revenue for April 2023 compared to last month. 

In this Article:

  • Revenue Decline Compared to Last Month 
  • Michigan Online Casino Revenue Compared to 2022

It’s not an unexpected decrease, as other American states have also seen a drop in revenue for April 2023 compared to March, including New Jersey and Pennsylvania. 

Sportsbooks and online casinos in Michigan reported $195.7 million in April 2023, consisting of $159.4 million for online casinos and $36.3 million generated by online sports betting. In March 2023, online casinos generated $171.8 million and bookies a total of $44.6 million for a grand total of $216.4 million. 

How April 2023 Compares to April 2022 

While the figures might be down compared to last month, the year-on-year totals tell a positive story. 

Michigan online casinos are certainly on the rise compared to last year. Revenue totals have increased by 20.2% compared to April 2022, during which casinos generated $132.4 million. 

When we compare the year-to-date total, we can easily see a significant increase in online casino gaming. In the table below, we compare the first four months of 2022 to 2023: 

Month2022 Revenue2023 Revenue
January$121,243,501$153,694,393
February$122,775,924$148,168,863
March$131,673,653$171,830,721
April$132,438,012$159,360,429

As with online casinos in Pennsylvania and New Jersey, Michigan set a new record-high in March 2023, exceeding $160 million for the first time. The total generated in April 2023 currently stands as the second-highest revenue total, making it an excellent achievement for online casinos in the state. 

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