
Lots of money is pouring into sports gambling in Michigan.
According to Alvin Jones of WCMU, public media:
Michigan bettors spent $650.2 million on sports gambling last November, a new monthly state record, according to the Michigan Gambling Control Board. The state is one of the top markets in the country for gambling.
Mike Lorenc is a clinical assistant professor of sports management at the University of Michigan. He says that there are three primary reasons the state betting market is so large, the first is economic.
“Michigan actually has one of the lowest tax rates on sports betting revenue, only 8.4%, which is actually the 2nd lowest in the country,” he said. “It's one of only a handful of states…that allows iGaming, online casino, in addition to sports betting.”
Lorenc also cites a booming local sports culture, with several local teams having exciting seasons.