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

Norte to Host Ribbon Cutting, Open House for Pump Track

Read More >>

Former Planning Director Files Whistleblower Lawsuit Against City

Read More >>

Kingsley Area Schools Responds to Threat

Read More >>

Does City Have Fair Representation on Airport Board?

Read More >>

TCLP Expands Renewable Sources

Read More >>

Oak Park, Glenn Loomis Likely Focus of Next TCAPS Bond

Read More >>

TCBN: Help (Really) Wanted

Read More >>

Beyond Juicery, New Boutiques Opening in TC; More Restaurant, Retail News

Read More >>

Temporary New Location for City Parking Services

Read More >>

New BlueTech Accelerator Drives Startups to Freshwater Research Center

Read More >>

Airport Board Meetings Ready For Public Viewing

Read More >>

Tensions at Road Commission Over South Airport Contract, Communications

Read More >>

Community Group Strives to Save Central High School Gym

Read More >>

Summer Housing Prices Soar, Up 88 Percent Since 2019

Read More >>
↑