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

TCBN: Who Are The Region's Top Realtors?

Read More >>

Longime Local Leader Mark Eckhoff Dies

Read More >>

Eighth Street Social District Reopens for Season; City Commissioners to Review Monday

Read More >>

TC Man Arrested for Domestic Violence

Read More >>

Sara Bageris Appointed to TCAPS Board

Read More >>

New Mixed-Use Development, Pocket Park Proposed for East Front

Read More >>

Upcoming Wine Release Party To Benefit Friends of Sleeping Bear Dunes

Read More >>

Join Us for Recess May 7 at Goodwill's Food Rescue - And Win a $500 Boathouse Gift Card!

Read More >>

What Does $500,000 Get You in Northern Michigan Real Estate?

Read More >>

Northern Michigan's New Mental Health Crisis Center Is Thriving

Read More >>

Restaurant/Retail News: Taco Bell Move, Food Trucks, Global Street Food & More

Read More >>

Six Local Women Nominated For Grand Traverse Region ATHENA Award

Read More >>

NMC To Relocate University Partners To Main Campus, Consider New Ideas For University Center Building

Read More >>

Underserved No Longer: Inside Cherry Capital Airport’s Massive Spring, Growing Flight Roster, And Emergency Parking Expansion

Read More >>