FanDuel was among the first operators to go live with sports betting in Michigan in March 2020, and 17 months later, bettors there now also have the option of playing live-dealer casino games online through a partnership with Evolution, FanDuel announced Tuesday. The live-dealer games launched July 22, according to a FanDuel press release that also noted the company’s addition of a new stand-alone online casino platform in New Jersey. FanDuel Casino is currently only available in four states: Michigan, New Jersey, Pennsylvania, and West Virginia.
FanDuel and Evolution launched live-dealer games in Michigan on the same day as BetMGM and PokerStars.
FanDuel added live-dealer blackjack, roulette, and baccarat in Michigan, meaning players can have an interactive experience with other players while playing from home. iCasino and digital sports betting went live in Michigan Jan. 22, 2021, and operators have been exceeding expectations in terms of revenue ever since.
iCasino is a critical piece for gaming operators. Though sports betting has been constantly in the news since the Supreme Court overturned the Professional and Amateur Sports Protection Act in May 2018, it represents only a small piece of the financial puzzle. FanDuel is one of three sports betting and iGaming operators with commercial partnerships in Michigan. BetMGM is active in the state through its MGM Grand Casino in Detroit, while FanDuel partners with the Motor City Casino Hotel and Penn National/Barstool Sports operate via an agreement with the Greektown Casino Hotel. Michigan is so far the only state to legalize both sports betting and iCasino simultaneously.
iCasino more lucrative than predicted
Through June, gross receipts for 2021 iCasino cleared $483 million, well above legislative estimates. In June, iGaming operators had $66.2 million in adjusted gross receipts, according to the Michigan Gaming Control Board. BetMGM, which has taken in $157.9 million in adjusted gross receipts, is the state’s biggest online casino operator. FanDuel is second with $80 million since Jan. 22, and Barstool is third with $16.8 million.
Evolution also has deals in Michigan with BetMGM, William Hill, and PointsBet. The new Michigan offering is Evolution’s third in the U.S. and 11th around the world. The live-dealer studio is one of the company’s “biggest and best equipped in the U.S. iGaming market, with room to expand,” according to an Evolution press release.
“This is another major landmark in Evolution’s U.S. growth. We are fully committed to the new Michigan market — we launched games from our NetEnt brand with all operators in Michigan at the market opening in January,” Jeff Millar, commercial director North America at Evolution, said via the release. “We are delighted to have created such close partnerships with operators in Michigan and will continue to extend our content offering for this state with further exciting launches over the coming months. Our aim is simple: to excite and entertain players with the best possible choice of world-class gaming and to help operators to maximize their opportunities.”