Last month Michigan continued its summer slide unsurprisingly, reporting a total handle of $292.4 million in June. Michigan sports betting has been setting records this year, but the summer months and limited selection of sports events have resulted in the slowest month this year for sportsbooks in the state. With football season still weeks away, you can expect the slump to continue until mid-August.
The Michigan Gaming and Control Board reported an overall handle decrease from May’s sports betting numbers. The state reported a total handle of $292.4 million for May, an 18% decrease from May. The state still experienced an increase of 12.7% from June 2021, better signifying the growing online betting market in Michigan.
Online casino gaming also experienced a decrease of 4.6% in June, reporting a total online casino revenue of $121.5 million. Online casino operators brought in $22.5 million for state revenue and $9.5 million for local entities.
Here are the overall numbers reported by Michigan Gaming Control Board:
- Total Handle: $292.4 million
- Online Handle: $270 million (92.3%)
- Revenue: $15.8 million ($15.4 million online)
- Month-over-month: Decrease of 18%
- June sports betting tax revenue generated: $367,487 to the state and $223,067 to local entities
- Top Sportsbook by handle in Michigan: FanDuel Michigan
- Top Sportsbook by revenue in Michigan: FanDuel Michigan
The state’s 15 different online sportsbooks were led by FanDuel, DraftKings, and MGM Grand Detroit, with a combined handle of $83.6 million. Below is the revenue breakdown by sportsbook operator:
Across the US, other sports betting states have seen similar months, with overall handle decreases in the high teens. Here’s a quick state-by-state breakdown of other states who experienced a drop in June:
- Pennsylvania: 20%
- Oregon: 19%
- New York: 17%
- Indiana: 17%
- Iowa: 17%
Overall, Michigan is doing as expected this summer with high hopes for what the second-half of the year will bring.
Detroit’s Casino Partners
Detroit’s casino partners reported a total handle of $183.9 million and a total revenue of over $13 million for June. Of those totals, the three retail sportsbooks located at Greektown Casino, MGM Grand Detroit, and MotorCity casino brought in a total handle of $22.4 million in retail bets placed at their sportsbooks in person.
The city of Detroit effectively gained an additional $201,320 from the three Detroit casinos for the month.
It’s worth noting that last year, July and August were Michigan’s slowest months of the year for sports betting. July 2021 brought in a total revenue of $206.3 million, and August saw $208.6 million. Last year, the college and NFL football seasons resulted in five consecutive months of sports betting records for overall money handled by the state’s sportsbooks. Here at PlayOnlineSportsBetting.com, we expect a similar trend for 2022 once the fall season takes off.
Mac Daniel is a South Carolina-based freelance writer for PlayOnlineCasino and PlayOnlineSportsBetting. He has experience writing about a wide variety of topics, including healthcare, tourism, non-profit organizations, and most recently casino and sportsbetting news. To check out more of his work, visit www.playonlinecasinomi.com or www.playonlinesportsbetting.com