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Despite the overall annual revenue witnessing a slight dip of 3.1%, December’s figures marked a substantial rebound, with a 46% surge from November’s returns. Retail sports betting also saw an upward trend, with the handle for the month hitting $30.4 million, and gross receipts totaling $4.8 million.
The state benefitted from the industry’s performance, with gaming taxes for December amounting to $9 million. The Michigan Gaming Control Board, the regulatory authority overseeing the sector, noted the positive signs, indicating a promising outlook for the year ahead. This growth comes as a piece of encouraging news for the local economy and the casino operators in Detroit.
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