What to expect when interstate online poker comes to Michigan
It’s official, Michigan has joined the Multi-State Internet Gaming Association (MSIGA). Following regulatory approval, joining the MSIGA allows Michiganders to play in an interstate online poker pool with Nevada, New Jersey and Delaware. The addition of Michigan to the MSIGA has raised many questions. In this column, we attempt to provide answers. The Timeline When […]
US online casino revenue tops $400 million in April
U.S. online casino revenue eclipsed $400 million for the second consecutive month in April. The six-state tally of $414.4 million is the second-highest total in the history of the U.S. industry. On a per-day basis, April was the best month of all time, outpacing February 2022’s $13,789,813 daily average. March 2022 Rev April 2022 Rev […]
Record first quarter for US sports betting and online gambling
The American Gaming Association’s latest revenue tracker of the first quarter of 2022 showed that online sportsbook and gaming operators experienced record revenues. Sports betting and online casino set “all-time quarterly records on the back of healthy growth in existing markets and new state launches, with New York being the most notable,” said the AGA. […]
Analysis: Michigan’s impact on multi-state online poker
A significant development for U.S. online poker came to light last week, as the Michigan Gaming Control Board (MGCB) issued operator guidance for interstate online poker pooling. The MGCB guidance points to the Wolverine State closing in on an official announcement that it has entered into an interstate online poker agreement with one or more […]
Sports betting tax rates: operators hope for the best
If there is one issue that is guaranteed to get online sports betting executives complaining it is taxes and if one was to survey the US industry for its biggest business gripe, New York’s 51% tax rate would very likely take top spot. In fairness, many non-US industry observers were also surprised when news of […]