The online casino industry in Michigan is reeling after raking in $196.7 million in revenue for August.
The Michigan Gaming Control Board recently released revenue data that revealed a combined revenue of $196.7 million from its 15 licensed online operators. Online casino revenue is up $5 million from July, representing a 2.8% month-over-month increase. The BetMGM online casino proved to be the market leader, taking in over $52 million in bets for August. FanDuel came in second with $48 million in bets for August.
Local Michigan casinos set a revenue record earlier this year when online casinos earned $215 million for March. However, the revenue from August helped reach another milestone: lifetime revenue of over $6 billion.
What Is The Minimum Gambling Age For Michigan Casinos?
Commercial casinos and their online services require players to be over 21. However, tribal casinos in the state can allow 18-and-up players on their game room floors. There are numerous tribal casinos in the state that all accept players over 18. Detroit casinos are required to only accept players over 21.
There are only three in-person commercial casinos in the state, each located in the Detroit area: MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown. There are a total of 19 tribal casinos that allow and up players to gamble.
How Many Online Casinos Are Available in Michigan?
There are seven online casinos authorized and licensed by the state of Michigan. Each of the domestic operators offers classic-style casino games such as blackjack, craps, roulette, video poker, slots, and more. There are also numerous online sportsbooks authorized to operate in MI.
How To Win Money Playing Online Casino Games
18+ online casinos operate just like their brick-and-mortar counterparts and offer the same odds per game. A strategy game like blackjack or roulette is the best way to win money. While other games are entertaining and can produce bigger wins, the odds favor strategy games.
Setting a limit when playing online is always important because you can lose. The more you wager, the bigger the payouts, but remember, it is always risky to bet the house. Below are a few pointers that will help you maximize your earning potential.
Know the rules—Read the rules and study the pay lines. Some card games use more than one deck, and some slots have multiple pay lines.
Seek games with a low house edge. Games like blackjack, poker, and specific bets in roulette offer better odds than slot machines or other games.
Know when to quit—There will be good days and bad days, and knowing when to quit on both those days is a strategic move.