Traverse City News and Events

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

How To Ring In 2025 In The North

Read More >>

The Ticker's Top 8: Our Biggest Stories Of 2024

Read More >>

Traverse City Makes Wall Street Journal's '10 Places To Go In 2025' List

Read More >>

Full Steam Ahead: Festival of Trains Chugs On

Read More >>

Man Killed in East Bay Snowmobile Accident

Read More >>

Jewett Sentenced to Five Days in Jail, Probation, $500 Fine on Prostitution Charge

Read More >>

Community Leaders Share Their Resolutions

Read More >>

Rotary Square Tops DDA TIF Priority List

Read More >>

After Years-Long Wait, New Senior Center Set to Open February 3

Read More >>

Mother Of Eight-Year-Old Boy Killed In First-Day-Of-School Accident Brings Nine-Figure Lawsuit Against TCAPS, Others

Read More >>

Pavilions CEO Resigns

Read More >>

Always Have A Spare Suit (And Other Lessons From Santa Claus)

Read More >>

GT County Updates: Commissioners Approve Budget, Protestors Demand Hentschel Resignation

Read More >>

New Life for GT Mall? Lormax Stern Purchases Macy’s, Ollie’s Eyeing T.J. Maxx Space

Read More >>