Michigan iGaming Soars as Sports Betting Slips

Michigan's online gaming scene continues to evolve, with recent figures showing a notable increase in iGaming revenue despite a dip in sports betting receipts. The dynamic market not only broke previous records but also highlighted a divergent performance between its gaming sectors.

• March iGaming gross receipts set a new record, increasing significantly from the previous month.
• While overall revenue saw a 9.3% boost, sports betting experienced a notable decline.
• The regulatory landscape is adapting with increased operator activity and enforcement measures.

In March, the state's internet gaming operators generated $293.5 million in gross receipts, marking a 9.3% increase from February. Among these figures, iGaming gross receipts climbed to $260.5 million, up from $222.5 million the previous month—a new record that surpassed January 2025’s high of $248.2 million.

Sports betting, however, showed a different trend. Receipts dropped to $33 million in March from $46 million in February, even as the adjusted gross receipts for both sectors combined reached $260.7 million. Within this combined figure, iGaming accounted for $246.1 million, growing by 17.7%, while sports betting adjusted receipts fell by 46.4% compared to February and faced a year-over-year decline of 45.3%.

The online sports betting handle still marked robust activity, reaching $475.1 million in March—a 25.1% increase from February—underscoring the high turnover in wagers despite the revenue drop. Out of the licensed operations, fifteen commercial and tribal operators provide iGaming services, and among them, twelve offer internet sports betting. Recent regulatory actions in Michigan include the banning of over 20 offshore gambling sites and investigations into unlicensed sports prediction markets by the Michigan Gaming Control Board.

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