Online gambling from sports brought Michigan a substantial $50 million last month (May).
Michigan's online gambling market shines in May, solidifying its standing as a major player in the U.S. digital gambling scene. Regulatory data reveals a boost in both handling and revenue, whilst unlicensed platforms faced crackdowns.
Interesting Fact:- The sports betting revenue in May 2025 surged to a whopping $50 million, marking an impressive 17.3% increase from April's revenue and a substantial 19.3% leap compared to May 2024's figures.
The dip in total betting handle, from $427 million in April to $386.1 million in May, was expected. The wrap-up of March Madness and Detroit Pistons' premature NBA playoff exit likely contributed to the decline.
Despite the lowered handle, the operator's return rate improved significantly, reaching almost 13%. Meanwhile, FanDuel maintained its leading position among operators, boasting a handle of $139.5 million and revenue of $22.6 million. DraftKings followed suit, reporting $108.2 million in wagers and $12.5 million in earnings.
The iGaming sector continued to outshine sports betting, accounting for a staggering $251.5 million in May. Michigan is one of only seven states that allow online casino gaming, and this sector consistently shows superior performance compared to sports betting.
Speaking of enforcement, the Michigan Gaming Control Board didn't pull any punches, issuing cease-and-desist letters to five unapproved online casinos accused of violating state gambling laws. These platforms included infamous offenders like BetUS and Bovada.
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So, there you have it – Michigan's online gambling market defying expectations and shattering records, all whilst keeping the bad apples in check. The anticipation for June's figures is already palpable!
The surge in sports betting revenue in May 2025, reaching $50 million, indicates a significant growth in the finance sector of Michigan's sports, specifically sports-betting market. The Michigan Gaming Control Board's actions against unapproved online casinos, such as BetUS and Bovada, underscore its commitment to regulate and control both sports and sports-betting activities within the state.
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