Michigan bettors are still showing plenty of interest in online wagering, even during the slowest part of the US sports betting calendar.
The state’s 13 mobile sports betting apps generated just over $235 million in handle for June. That figure marks a third straight month with online wagering handle in the $235-$250 million range.
While handle remained steady, revenue from online sports betting grew 69.7% month-to-month in June. The $16,760,379 in June revenue represents the second-highest total in that category since the January debut of mobile sports betting.
Online casino revenue took a dip in June, with combined revenue ending up at $66,193,027.
MICHIGAN ONLINE SPORTS BETTING REVENUE JUNE 2021*
| MI Sportsbooks | Casino Partner | Online Betting Handle | Adjusted Gross Sports Betting Receipts | YTD Revenue |
|---|---|---|---|---|
| FanDuel Sportsbook | MotorCity Casino Hotel | $77,291,086 |
$8,100,504 | $14,662,044 |
| DraftKings Sportsbook | Bay Mills Indian Community | $56,476,772 |
$3,308,005 |
$933,287 |
| BetMGM | MGM Grand Detroit | $52,093,347 | $4,193,510 |
$19,494,906 |
| Barstool Sportsbook | Greektown Casino Hotel | $16,709,310 | $1,453,186 | $7,345,113 |
| PointsBet | Lac Vieux Desert Band of Lake Superior Chippewa Indians |
$10,213,141 | -$2,784 | -$1,054,041 |
| William Hill | Grand Traverse Band of Ottawa and Chippewa Indians |
$7,913,412 |
$306,194 |
$485,850 |
| WynnBET | Sault Ste. Marie Tribe of Chippewa Indians | $5,460,421 | -$464,099 | -$79,173 |
| FOX Bet | Little Traverse Bay Bands of Odawa Indians | $3,731,852 | $195,351 | $625,834 |
| BetRivers | Little River Band of Ottawa Indians | $2,463,189 |
-$6,130 |
-$639,720 |
| TwinSpires | Hannahville Indian Community |
$1,250,656 |
-$98,182 |
-$535,063 |
| Golden Nugget Sportsbook | Keweenaw Bay Indian Community |
$914,393 | $50,036 |
-$7,842 |
| Four Winds Sportsbook | Pokagon Band of Potawatomi Indians |
$607,100 | -$275,211 | -$723,147 |
| FireKeepers Sportsbook | Nottawaseppi Huron Band of Pottawatomi Indians |
$656 | -$1 | -$1 |
| Totals | $237,551,158 | $16,760,379 |
$40,508,046 |
A few of Michigan’s 13 mobile sports betting apps are still seeing promo credits (welcome bonuses, other promotions) outweigh monthly gross revenue. Six online sportsbooks posted negative adjusted gross sports betting receipts in June.
In spite of those totals, June marked the second-highest revenue month in the history of online sports betting in Michigan. Mobile sportsbooks pulled $16,760,379 in June revenue. Only March revenue ($18,981,089) exceeds that figure.
FanDuel Sportsbook, BetMGM, and DraftKings Sportsbook account for more than 75% of all bets placed at online sportsbooks in June. FireKeepers Sportsbook debuted in Michigan in June, bringing the total number of operating mobile sports betting apps to 13.
MICHIGAN ONLINE CASINO REVENUE JUNE 2021*
| MI Online Casinos | Casino Partner | Adjusted Gross Receipts | YTD Revenue 2021 |
|---|---|---|---|
| BetMGM | MGM Grand Detroit |
$16,216,293 | $157,900,728 |
| DraftKings Casino | Bay Mills Indian Community | $13,927,176 | $76,858,896 |
| FanDuel Casino | MotorCity Casino Hotel | $13,351,559 | $80,057,832 |
| BetRivers | Little River Band of Ottawa Indians | $5,390,828 | $28,544,107 |
| Golden Nugget | Keweenaw Bay Indian Community | $3,904,877 | $16,349,363 |
| WynnBET | Sault Ste. Marie Tribe of Chippewa Indians | $3,502,554 |
$17,772,769 |
| PokerStars Casino | Little Traverse Bay Bands of Odawa Indians | $2,960,859 |
$22,823,221 |
| Barstool Casino | Greektown Casino Hotel | $2,559,294 | $16,812,240 |
| Four Winds Casino | Pokagon Band of Potawatomi Indians | $1,879,978 |
$6,929,560 |
| TwinSpires | Hannahville Indian Community | $1,274,757 |
$7,316,413 |
| PlayGunLake.com | Gun Lake Band of Pottawatomi Indians | $526,680 | $1,144,568 |
| PointsBet Casino | Lac Vieux Desert Band of Lake Superior Chippewa Indians | $514,809 | $1,127,170 |
| William Hill Casino | Grand Traverse Band of Ottawa and Chippewa Indians |
$172,651 | $1,917,256 |
| FireKeepers Casino | Nottawaseppi Huron Band of Pottawatomi Indians |
$10,712 | $10,712 |
| Totals | $66,193,027 | $435,564,835 |
Online casinos revenue took a big drop month-to-month from May to June. Adjusted gross receipts (AGR) from the state’s 14 online casino apps finished up at $66,193,207 for the month.
Monthly AGR had come in at over $88 million in each of the three previous months. BetMGM produced $33.67 million in gross revenue in June, but adjustments brought that total down to $16,216,293 in AGR for June.
Michigan’s online casinos have generated $435,564,835 in adjusted revenue so far in 2021. That puts the state on pace to clear $870 million in revenue by the end of the year.
Between mobile casinos and online sports betting, mobile casino apps have been the big winner for the state in terms of tax collection. Online casino revenue has yielded $85.2 million in tax revenue for the state so far this year.
The monthly revenue reports from the Michigan Gaming Control Board can be viewed here.
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