MGCB Allocates $501.4M to Schools, Public Programs
### Key Points at a Glance
The Michigan Gaming Control Board (MGCB) allocated a total of $501.4 million in 2024 to Michigan’s School Aid Fund and other public programs. The majority of the revenue came from online gambling taxes, including iGaming, online sports betting, and fantasy contests. Additionally, significant funds were generated from taxes on land-based casinos. Beyond funding education and public programs, the MGCB also took action against illegal gambling.
###
Where Does the Revenue Go?
In 2024, the MGCB transferred a total of $501.4 million to Michigan’s School Aid Fund. These funds came from two primary sources:
1. **Online Gambling Taxes**: $400.9 million was generated from iGaming, online sports betting, and fantasy contests.
2. **Land-Based Casinos**: $100.5 million came from taxes on table games, slot machines, and retail sports betting.
In addition to supporting education, tax revenues were also allocated to other programs, including:
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– Public safety measures
– Responsible gambling campaigns
– Support for agriculture and horse racing
###
Focus on Responsible Gambling
One of the year’s highlights was the “Don’t Regret the Bet” campaign, which promotes responsible gambling. This initiative was not only well-received by the public but also earned an Emmy Award for its impact.
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Detroit as a Gambling Hotspot
The city of Detroit played a central role in the state’s gambling industry. Detroit’s commercial casinos contributed $264.8 million in municipal wagering taxes. These revenues bolster the local economy and support community projects.
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Crackdown on Illegal Gambling
In 2024, the MGCB made significant efforts to combat illegal gambling. A total of 206 illegal gambling devices were seized, and six cease-and-desist orders were issued. The agency received valuable support through tips from the public.
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A Look Back at a Successful Year
Henry Williams, the executive director of the MGCB, expressed satisfaction with the year’s accomplishments. He emphasized the importance of collaboration between the agency and Michigan communities. Williams highlighted that the MGCB not only regulates the gambling industry but also makes a positive contribution to society.
In November 2024, the MGCB reported total revenue of $284.3 million. These figures underscore the growing importance of the gambling industry to the state.
###
Our Assessment
The Michigan Gaming Control Board demonstrates how gambling regulation and social responsibility can go hand in hand. The impressive revenues are not only directed toward education but also fund critical public programs. At the same time, the agency sends a strong message against illegal gambling. The MGCB serves as a model for other states and countries on how responsible gambling policies can be implemented effectively.
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