Michigan records tumble in November as betting revenue reaches $54.1m

| By Robert Fletcher
Michigan set a number of new records in November, with the state’s online sports wagering handle and gross betting receipts reaching new monthly highs.

Consumers wagered a total of $437.8m (£329.0m/€386.4m) online on sports during the month, up 2.3% from the previous record of $463.3m set in October of this year.

Gross monthly sports betting revenue also reached a new high of $54.1m, surpassing the previous monthly record of $32.3m in March this year by 67.7%.

Turning to igaming, internet gaming gross receipts amounted to $107.6m in November, just 1.9% short of the monthly record of $109.7m reported in October 2021.

Read the full story on iGB North America.

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