Michigan Archives - Legal Sports Report

Michigan Ends First Year of Online Sports Betting With Huge Handle

Michigan sports betting capped off 2021 with a bang, at least in terms of wagers. While many legal sports betting markets saw growth falter a bit in December 2021, Michigan sportsbooks handled a record $514.6 million in bets, according to a state report released Tuesday. The total handle is up just under 3% from the previous […] Read More

Posted on: January 19, 2022 | | Pat Evans

Caesars Sportsbook Does Sports Betting, iGaming Deal With Michigan State

Caesars Sportsbook is breaking new ground with a deal in the Michigan sports betting market. Caesars Sportsbook is now the exclusive sportsbook and iGaming partner of Michigan State University, the company announced Thursday. While not the first sportsbook partnership with a college, it is the first official iGaming deal with a Power 5 conference school. […] Read More

Posted on: January 13, 2022 | | Pat Evans

Michigan Sports Betting Hits New Heights In November

Michigan sports betting clocked in a new record in November. Michiganders bet $500.5 million at MI sportsbooks in November, according to a state report released Thursday. That was up from October’s $497.6 million, the previous record handle. Online sports betting in Michigan reached $473.8 million during the month, or 94.7% of the handle. Michigan sports […] Read More

Posted on: December 21, 2021 | | Pat Evans

Michigan sports betting revenue October 2021

Michigan Sportsbooks Join October Record Party: Nearly $500M In Bets

Michigan sportsbooks joined operators in 11 other US jurisdictions with a new handle record set in October. Football betting and a crucial fifth full weekend pushed Michigan’s handle to $497.6 million. That’s up 28.6% from the old record of $386.8 million set in September. Revenue from sports betting, on the other hand, was far from a […] Read More

Posted on: November 18, 2021 | | Matthew Waters

Analysis: Are Sportsbook Suppliers Being Squeezed Out Of US Sports Betting?

US sportsbooks are increasingly bringing their technology in-house, but is there a potential change in the trend for sportsbook suppliers? Read More

Posted on: November 1, 2021 | | Brad Allen

Michigan Sports Betting Handle Hits New All-Time High

With online Michigan sports betting available for the first time during football season, the state set a new handle record in September. Michigan sportsbooks took $386.8 million in September bets, according to a state report. That is up 85% from August’s $208.6 million. The state’s previous high was $383.7 million in March 2021. Sportsbooks generated […] Read More

Posted on: October 18, 2021 | | Pat Evans

Does BetMGM Growth Change Calculus For Entain Deal With DraftKings?

BetMGM took online gambling market share in Q3 but how does that impact DraftKings' bid for parent company Entain? Read More

Posted on: October 12, 2021 | | Brad Allen

Which New States Are Fueling US Sports Betting Growth In NFL Season?

The first month of Arizona sports betting is off to a big start. Through the first four weeks of the NFL season, Arizona was the fourth-most active US sports betting market, according to GeoComply data released Monday. GeoComply recorded 330 million geolocation transactions in 18 states and Washington, D.C., during the first four weeks of the […] Read More

Posted on: October 5, 2021 | | Pat Evans

Michigan sports betting revenue August 2021

Michigan Sports Betting Handle Up Ahead Of First Full Online NFL Season

Michigan sports betting handle improved slightly in August compared to July as sportsbooks rode out the quieter summer months. Read More

Posted on: September 16, 2021 | | Matthew Waters

FanDuel, DraftKings Race In Michigan Sports Betting With Football Ahead

With the July sports schedule keeping the Michigan sports betting market cool, the race between the state’s top two online sportsbooks stayed hot with football around the corner. Overall, MI sports betting handle dropped 20.5% in July, to $206.3 million, according to a Michigan Gaming Control Board report released Monday. The state’s sportsbooks brought in $20.8 million in […] Read More

Posted on: August 16, 2021 | | Pat Evans