Lucky11|Revenue Generated By The Online Casino Industry?
Every day Lucky11 is observing a milestone reached in the online casino industry! During the COVID-19 pandemic, when everyone was locked inside their homes, they had plenty of time to play these betting games which resulted in their popularity and demand. Now, we can see billions of online casino games on the internet which offer tons of gambling bonuses and rewards to their players.
The recent milestone of online casino games has surprised everyone! According to a report by Michigan Gaming Control Boards, the revenue collected by online casino games and betting games has created a new landmark in the gambling industry! In October, online casino games by both international and international traders generated revenue of $ 109.7 million, for the third month in a row setting a record for revenue.
Online sports betting, which has seen consumers set a record-breaking bet during the month, grossed $ 24.3 million. Together, online casino games and sports betting have contributed $ 20.8 million in taxes and payments to the state of Michigan.
An all-time high was reached with online casino games
The remarkable progress of the online casino industry has touched sky-high limits with an all-time high tax generation ever since its commencement. The casino industry has grossed over $109.7 million in merely one month, making it an exceptional moment!
This extremely large figure clearly shows people's love for the game and its growing popularity in recent times.
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