Online gambling and online sports betting brought in $42.7 million in gross receipts during the first 10 days of legal play in Michigan, state regulators announced Wednesday.
That haul began at noon Jan. 22, when the Michigan Gaming Control Board authorized the launch of online gambling, and stretched through Jan. 31 and the end of the monthly reporting period.
Internet gambling gross receipts totaled $29.4 million. Internet sports betting operators had $13.3 million in gross betting receipts from a total handle of $115.2 million.
Total taxes and payments to the state of Michigan were $4.4 million. And the three Detroit casinos reported city wagering taxes and services fees of $1.37 million.
Tribal operators reported $428,615 of wagering payments to the tribes' governing bodies.
“Internet gaming operators are off to a good start in Michigan,” Richard Kalm, executive director of the gaming control board, said in a statement. “The taxes and payments from online gaming will provide funding for K-12 students, the city of Detroit and Michigan tribal communities.”
There are now 12 authorized operators of online gaming and sports betting platforms in Michigan.
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