Traverse City News and Events

Online Sports Betting Via Grand Traverse Band Doubled In March

April 23, 2021

Online sports gambling reached $10.99 million in the month of March via the Grand Traverse Band of Ottawa & Chippewa Indians, more than double what was wagered in February, according to data from the Michigan Gaming Control Board. The record amount was despite the fact that the Super Bowl -- traditionally the biggest sports betting event of the year -- took place in February.

Online sports gambling became legal in Michigan earlier this year. 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 $1.03 million in gross receipts from that amount wagered in March, and adjusted gross receipts of $127,114 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 $10,667 payment to the State of Michigan for March.

Comment

North Ed Launches Survey To Inform Superintendent Search

Read More >>

Let It Snow: Local Ski Resorts Hoping For A Comeback Season After 2024's Dire Winter

Read More >>

Cherryland Center Owners Work Toward Updated Mall Plan as New Businesses Come Online

Read More >>

Two-Way Streets, Rotary Square, Riverfront, TART Trail Emerge as Early Contenders for Remaining TIF 97 Funds

Read More >>

Central United Methodist Responds to Graffiti, Affirms Trans/Immigrant Support

Read More >>

2024 Holiday Gift Guide Deadline Is This Week

Read More >>

The Magical World of Holiday Art Markets

Read More >>

Housing Support, Project Alpha, ARPA Funding on County Agenda

Read More >>

Video Surveillance System, Two-Way Pilot Extension on DDA Agenda

Read More >>

A Vision of Traverse City’s Future

Read More >>

Made in Michigan: Yana Dee's Journey

Read More >>

City Commissioners to Consider Hiring EMS Administrator, Approving Sewer Evaluation

Read More >>

New Foundation To Provide Support to Regional Students

Read More >>

Aspire North To Have New CEO

Read More >>