2024.07.19
brian christopher slot games(Image: Shutterstock)Gross gaming revenue (GGR) from online casino sites last month won more money from players than ever before. First, the company is an asset-light online enterprise with no holdings in brick-and-mortar casinos. In addition to the iGaming revenue, licensed online sportsbooks reported GGR of .7 million during September. black hawk casino bus scheduleDetroit’s three casinos, as well as the state government, are major beneficiaries of the expanded gaming. The Michigan Gaming Control Board revealed today that the state’s licensed online gaming operators experienced record play in September. DraftKings hasn’t publicly said if it’s courting Entain for technology and access to foreign markets, or if it’s angling to control BetMGM as well.online casino poker free big fish casino ibuescasino n.bSeptember’s 2.4 million mark eclipsed the previous monthly iGaming high set in August by 5.3 percent.The state’s licensed online casino operators paid more than .9 million in associated taxes and fees. Michigan’s three commercial casinos in Detroit were subject to some of the longest operTaxes and fees on that revenue totaled .5 million.Michigan taxes internet gaming revenues on an adjusted scale based on gross receipts that ranges from 20 percent to 28 percent. online casinos for real money usaAll taxes from mobile sports betting revenue derived from tribal operators goes to the state government in Lansing.Industry ThrivingMichigan’s commercial gaming industry has quickly become one of the largest in the United States. The first legal bet was wagered online in Michigan in January. 19 to formalize a proposal.That transaction has a slew of moving parts, not the least of which is Entain’s 50 pseminole casino menuercent stake in BetMGM. free slots real money usa free casino slots for pcmgm casino emailBut that appears to be the only tie between DraftKings and the casino operator.Other points indicate long odds of DraftKings moving on Circa. But that appears to be the only tie between DraftKings and the casino operator.Other points indicate long odds of DraftKings moving on Circa. Network (VSiN).Interestingly, VSiN’s broadcast studio is located inside Circa Las Vegas. MGM Resorts International (NYSE:MGM) controls the other half, and that company must approve any deal that involves Entain being acquired and folded into what could become a competing business. Second, if it’s Nevada access the company is after, a pending acquisition may deliver that. Retail sportsbooks at current and future Golden Nugget casinos to be rebranded as DraftKings,” according to the presentation.DraftKings Has Other Fish to FryIn addition to the remote likelihood that Stevens is a seller — he’s not — there’s another reason DraftKings may not be imminently pursuing Circa or any other Nevada operator.The company is attempting to acquire Entain Plc (OTC:GMVHY) in what would be the largest sports wagering takeover on record. pechanga casino hosts big fish casino jackpot city |