Michigan Gaming Revenue Hits Record $501M, Boosting State Education Fund
Michigan's gaming industry generated $501.4 million in tax revenue for the state in 2024, marking a record-setting year for both commercial and tribal gaming operations. The majority of these funds benefit the Michigan School Aid Fund, supporting K-12 public education.
Detroit casinos: MotorCity, MGM, Greektown
Revenue breakdown by sector:
- Detroit's three brick-and-mortar casinos: $99.8 million
- Retail sports betting: $655,000
- Online gaming (including tribal partnerships): $388.5 million
- Mobile sports betting: $12.9 million
- Fantasy sports: $297,000
Michigan now ranks as the fourth-largest commercial gaming state in the U.S., behind Nevada, New Jersey, and Pennsylvania. The state's significant growth is largely attributed to its regulated iGaming market, which is legal in only seven states.
Key fund allocations included:
- First Responder Presumed Coverage Fund: $4 million
- Agriculture Equine Industry Development Fund: $3.7 million
- "Don't Regret the Bet" responsible gaming campaign: $3.75 million
- Compulsive Gambling Prevention Fund: $3 million
Tax rates vary by gaming type:
- In-person casino revenue: 8.1% state tax (plus 9.9% to Detroit)
- Sports betting: 8.4% for commercial and tribal online books
- Commercial online sportsbooks: 9.65%
- Online gaming (commercial and tribal): 20-28% based on annual revenue
While the revenue supports various state programs, health professionals note increased concerns about problem gambling accessibility due to mobile gaming options. The state health agency has expanded efforts to provide resources and support for responsible gambling practices.