Online betting and casinos generated nearly $4 billion in wagers in its first year in Michigan

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(WXYZ) – Michigan’s online casinos and sportsbooks are celebrating their first anniversary this weekend. Online casinos and sportsbooks generated $1.4 billion in revenue in 2021, and experts say that will continue to grow.

The launch was a success from the start, and Michigan became the third state in the nation to generate over $1 billion in online gaming revenue.

In December, revenue increased by $3.9 million per day, compared to $3.6 million in the first 30 days of November.

On launch day January 22, 2021, ten apps went live, including some from FanDuel, DraftKings, MGM, and Barstool.

Matt Schoch is an analyst at PlayMichigan.com, a website that covers gaming in the state. He said he expects online gaming and sports betting to grow in 2022.

“It’s something that’s going to continue to grow, especially in the first few years. More and more people will get into it. More and more people will have multiple accounts,” he said.

Looking at the numbers, there was $3.97 billion in online and retail waters, $319.5 million in gross revenue, $3.7 billion in online bets and it generated 292.2 million in revenue, according to PlayMichigan.com.

Schoch said with good comes bad, and that is gambling addiction. Online gambling means you can do it from the comfort of your home.

“People will become addicted. There will be social issues that go with it. So the Michigan Department of Health and Human Services is doing what it can with the Michigan Gaming Control Commission. Operators are mandated to get things done,” Schoch said.

The state watches over it. According to the MDHHS, more than 300 people were admitted for gambling addiction in 2020.

Apps and online services also have player limits and self-exclusion where you can take action and ban yourself from playing.

Dave Murley, assistant director of online gaming and legal affairs for the Michigan Control Board, also reminds people of the existence of the hotline.

“A person can call us. They can call the Department of Health and Human Services on their dedicated gambling addiction hotline. They can then try to put that person in touch with treatment that person calls with treatment what she needs,” he said.

If you or someone you know has a gambling addiction and needs help, you can call 1-800-270-7117.

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