Dollars. Source: Reuters

Michigan Online Gaming Revenue Declines in April

In April, sports betting and gaming operators in Michigan reported a total revenue of $234.8 million, marking an 8.7% decrease from the previous month's revenue of $257.1 million, which was Michigan's highest in 2024 so far.

Despite the month-on-month decrease, April's revenue continues to surpass the figures reported in January and February. Compared to the same month last year, Michigan's sports betting and gaming operators saw a 20% increase in revenue. In April 2023, the revenue was $195.7 million.

The slight decline in April's revenue suggests a fluctuation in the state's gaming market, influenced by various factors including seasonal trends and consumer behavior.

22 May 2024, 13:32

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