Michigan Online Casino Tax Is 24 Times Sportsbook Tax
Michigan online casino taxes and payments have reached $3.18 billion since January 2021, roughly 24 times the sportsbooks’ $130 million. Lifetime online casino gross receipts passed $12 billion in July, hitting $12.26 billion against $2.62 billion for sports betting. Sportsbooks deducted 47% of lifetime receipts as free play before tax, against 8% at online casinos, … Read more