Posts Tagged ‘MGM Grand Detroit’
Michigan Gambling Industry Booms In Record-Breaking October
Michigan Detroit-based casinos made $111.4 million in October revenue. Sportsbooks handled just under $500 million in sports wagers. Online casino games and sports wagers contributed $20.8 million in taxes. DETROIT – Michigan had a financially great October after commercial and tribal operators generated $109.7 million in revenue. During a very active Autumn season of legal…
Read MoreOnline Michigan Sports Betting and Gambling Launches Friday
Michigan has authorized nine gambling operators to launch online sports betting and online gaming throughout the state on Friday. FanDuel, DraftKings, BetMGM, and Barstool Sportsbook are among the nine gambling operators launching in Michigan. Online sports betting in Michigan will be taxed at a rate of 8.4% while online gaming will be taxed between 20-28%.…
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