Tag: Michigan Gaming Control Board
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Michigan Man Faces Felony Charges for Defrauding Caesars Sportsbook
Repeat after me: Thou shalt not mess with the Michigan Gaming Control Board. The MGCB, as has been well-documented on Action Network’s sister site, MI Bets, takes its task of busting up illegal gambling operations so seriously that it has occasionally risen to comical heights, like when the agency made a big show of destroying…
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Michigan Internet Casino Revenue Totals $196.7 Million for August
The Michigan Gaming Control Board reported $196.7 million in gross internet casino revenue for August on Tuesday, the third-highest total in state history since launching in January 2021. Year-over-year revenue surged 29.2% compared to last August as winnings surpassed $190 million for the fifth time in the past six months. That stretch started with a…
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Michigan Sportsbooks Post Fifth Straight Double-Digit Hold
The Michigan Gaming Control Board reported Tuesday that sportsbooks combined for a hold of just over 10% for August, the fifth consecutive month it reached double digits. The month’s wagering activity was made complete after the state agency released online sports wagering totals for August. While digital sportsbooks made up the bulk of the gross…
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Michigan’s Mobile Sportsbooks Roll On With 11.8% Hold For July
Michigan’s 12 mobile sportsbooks combined for a collective 11.8% hold against gross revenue in July, the fourth consecutive month with a double-digit hold according to figures released Tuesday from the state’s Gaming Control Board. It matches the longest such run with digital wagering available in the Wolverine State, first accomplished from July to October 2022.…