Michigan Online Casinos Bounce Back In July, With BetMGM Leading The Pack

After a month where revenue had its first significant dip, the iCasinos came back in a big way in July
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Let’s call June a blip, because Michigan’s online casino market roared back to health in July, with $92.3 million in gross receipts for the month, a 3.3% increase over June’s numbers. 

And June’s take — $89.2 million — marked the first month the state’s online casinos saw a significant dip.

Along with all being right again in the Michigan online casino world, BetMGM continued its rule as the king of the online gaming jungle, taking in $33.8 million, good for nearly 37% of the market.

The lack of surprises continued with the number two and three in the market, DraftKings and FanDuel. DraftKings took in $15.2 million and FanDuel $14.3 million for the month of July. Both those numbers were slightly down from June.

Fourth place in the Michigan online casino wars belonged to BetRivers, at $6.7 million, which marked an 11% increase over June’s numbers. In fifth place was Golden Nugget, at $5.2 million, which equated to a huge 21% increase over June’s numbers, undoubtedly pleasing its new corporate master, DraftKings.

The rest of the field

Rounding out the rest of the casinos were WynnBET at $5 million, Stars at $3 million, Barstool at $2.6 million, Four Winds at $2.1 million, TwinSpires at $1.2 million, FireKeepers at $1 million, Gun Lake at $833,431, PointsBet at $573,520, and William Hill (now Caesars) at $296,557.

Some notable month-over-month movers include WynnBET, which was up 31%, and Barstool, which had its worst online casino month since launch back in January.

For the month, the online casinos paid out over $17 million in taxes, and since launch have paid over $102 million on over $575 million of receipts.

Photo: Shutterstock

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