Michigan Tops U.S. in Online Gambling, Sees 22% Growth

Michigan has emerged as the leading state for online gambling, outpacing all others with a significant 22% increase in activity last year. The American Gaming Association’s recent findings reveal that the state witnessed a staggering $1.92 billion in online bets, slightly edging out New Jersey for the top spot. Since embracing internet gaming in 2021, Michigan has become a hub for digital bettors, allowing them to engage in poker, blackjack, slot machines, and other games from the comfort of their homes. This digital betting revolution has not only entertained many but also substantially boosted state tax revenues, surpassing expectations with a total of $354 million last year, a figure that vastly exceeds the initial forecasts of $30 to $40 million. The windfall from online gambling taxes has been a boon for Michigan’s educational sector, with the bulk of the revenue channeled into the state’s School Aid Fund, aimed at supporting K-12 public education. Detroit, in particular, has reaped significant benefits, with the city’s share of internet gaming taxes from its three commercial casinos reaching $89 million in 2023. This influx of funds is anticipated to almost double the city’s wagering taxes from $132 million in the fiscal year 2020 to...