The latest data from Michigan indicates that total iGaming revenue for July 2023 reached $176.1 million, showing a 4% rise from June's figures of $169.3 million.
This revenue encompasses earnings from both online casinos and sports betting activities.
An overall increase in PYTD
A more significant aspect of this increase can be observed when comparing it to last year, revealing an 18% rise in revenue over the same period.
This month's tax contributions to the state of Michigan amounted to $29.8 million. The majority of this came from iGaming, contributing $28.7 million, with sports betting adding another $1.1 million.
In addition, physical casinos in Detroit contributed $7.6 million in taxes and local fees, derived from three well-known establishments: Hollywood Casino at Greektown , MGM Grand Detroit , and Motorcity .
The Social Contribution of Gaming in Canada
In 2022, Canada’s casino sector generated over 9 billion Canadian dollars, significantly impacting the economy. Provinces like Saskatchewan benefit greatly, as online casino operators and channel millions back into the community to support public projects such as parks, schools, and local facilities.land-based casinos Read the Latest Articles at Librairiemonette.com
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