Over the past five months, revenue reports have pointed to a steady growth in the Michigan gambling industry. Online and retail casinos have particularly been on an upward trajectory, smashing monthly revenue records since the year began. Sports betting in the state has also shown signs of financial recovery especially in the last two months.
Gambling in the state has also contributed immensely to the economy through taxes. In 2022, the MGCB reports that the industry brought in almost $2 billion worth of tax revenue. This figure makes it one of the biggest tax contributing industries in Michigan.