More Than $5 Million Wagered On Sports Via Grand Traverse Band In February
April 3, 2021
More than $5.55 million was wagered on sports online via the Grand Traverse Band of Ottawa & Chippewa Indians during the month of February -- its first full month in operation online -- according information from the Michigan Gaming Control Board. Online sports gambling became legal in Michigan earlier this year. Like many other casinos in the state, the Grand Traverse Band began its online gaming operations on January 22 with its partner, William Hill US, an international gaming company.
The Grand Traverse Band made $449,316 in gross receipts from that amount wagered in February, and adjusted gross receipts of $16,651 for the month after promotions and other costs.
Tribal gaming operators in Michigan pay an 8.4 percent tax to the state based on adjusted gross sports betting receipts, meaning The Grand Traverse Band made a $1,398.71 payment to the State of Michigan for February. They were the only operator in Michigan to make payments to the state in both January and February because they were the only operator to show positive receipts both months.
Comment
Rec Authority Seeks Biederman Award Nominees
Read More >>Garfield Township Approves Ollie’s, Cell Tower; Public Hearing Set for Gauthier Project
Read More >>Jack Bergman Declines Invite To March 22 Traverse City Town Hall As Local Constituents Pressure Lawmakers For Face Time
Read More >>Habitat To Hold Open House; Homes Still Available for Occupancy
Read More >>
Northern Michigan Startup Week Returns for 2025
Read More >>M-72/M-22 Rebuild Set to Begin March 21
Read More >>Scott Hardy Appointed to TCAPS Board
Read More >>County Works to Finalize Camp Greilick Plan, North Sky Eyes Site for New Home
Read More >>Civic Center Construction Work Starts March 24
Read More >>County Commissioners Approve 24/7 Jail Nursing Coverage, ORV Ordinance
Read More >>