Michigan Gaming Revenue Hits Record $501M in Tax Contributions for 2024
Michigan's gaming industry generated a record $501.4 million in tax revenue for the state in 2024, primarily benefiting K-12 public education through the Michigan School Aid Fund. This revenue came from multiple gaming sources including Detroit's three commercial casinos, sports betting, iGaming, and fantasy sports.
Detroit casinos: MotorCity, MGM, Greektown
Tax Revenue Breakdown:
- Detroit's 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 recent growth is largely attributed to its legal iGaming market expansion.
Additional Fund Allocations:
- 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:
- In-person casino revenue: 8.1% (plus 9.9% to Detroit)
- Sports betting: 8.4% (commercial and tribal online), 9.65% (commercial online)
- iGaming: 20-28% (varies by annual revenue)
While the revenue benefits public services, health professionals note increased concerns about problem gambling accessibility due to mobile gaming options. The state has responded by expanding addiction prevention and treatment resources through the Michigan Department of Health and Human Services.