The gaming regulator for the midwestern American state of Michigan has announced that Soaring Eagle Gaming has become the 15th enterprise to have been granted a local license to run online casino and sportsbetting services.
The Michigan Gaming Control Board used an official Thursday press release to detail that the enterprise of the federally-recognized Saginaw Chippewa Tribal Nation was already responsible for the state’s 210,000 sq ft Soaring Eagle Casino facility near the city of Mount Pleasant and will soon begin legally offering iGaming entertainment under the Eagle Casino and Sports moniker.
Michigan became one of the first America states to debut a regulated online casino and sportsbetting market when it went live with ten operators in January of last year. The regulator disclosed that legislation signed into law some 14 months earlier limits iGaming licenses to commercial and tribal casinos with Soaring Eagle Gaming now due to join a club that already featured the likes of the BetMGM.com domain from the 401-room MGM Grand Detroit and the DraftKings.com service operated under partnership with the more modest Bay Mills Resort and Casino.
Henry Williams serves as the Executive Director for the Michigan Gaming Control Board and he used the press release to note that Soaring Eagle Gaming now plans to utilize the mobile-friendly GameStack enterprise software platform from supplier GAN Limited in order to premiere its iGaming domain at PlayEagle.com. The regulator stated that the new site will furthermore exploit the provider’s patented iBridge loyalty platform with his organization due to remain committed ‘to protecting the interests of the citizens of the state of Michigan’ by ensuring all licensees are offering ‘fair and honest gaming.’
Read a statement from Williams…
“With the authorization of Eagle Casino and Sports, Michigan now has a full complement of 15 online gaming and sportsbetting providers. All of Michigan’s federally-recognized tribes are offering online gaming and sportsbetting and I congratulate the Saginaw Chippewa Tribal Nation as it expands its gaming offerings.”
In related news and the Michigan Gaming Control Board used a subsequent press release to divulge that the state chalked up a little over $162.1 million in aggregated online casino and sportsbetting revenues last month. The regulator went on to assert that this figure represented an increase of 11.6% month-on-month and took its associated first-quarter tally up to $368.2 million.
Breaking the figures down even further and the Michigan watchdog revealed that the state had experienced a swell of 7.3% month-on-month in online casino and sportsbetting adjusted gross receipts to about $133.2 million, which encompassed almost $118.6 million from Internet gaming as well as around $14.6 million from remote sports wagering. It finished by noting that this led the 14 licensed operators to pay $24.7 million in March tax while tribal concerns handed over roughly $2.7 million to their various governing bodies.