Michigan sports betting revenue hits $105,548 in debut month
Commercial casinos in Detroit, Michigan, generated $105,548 in retail sports wagering revenue during the few days legal betting in March, before sporting events and casino closures halted activity.
Michigan’s regulated sports betting market only opened on March 11, but was forced to close days later on March 16 after all casinos in the state were ordered to temporarily shut as part of measures to combat the spread of coronavirus (Covid-19).
Consumers in the state were also limited as to what sports they could place bets on, with almost all major events being cancelled due to the pandemic.
The MGM Grand Detroit posted $84,695 in sports betting revenue for the short period of regulated wagering activities in the state. Penn National’s Greektown Casino followed with $15,904 in revenue, then MotorCity Casino on $4,949.
Read the full story on iGB North America.