Michigan online sportsbooks generated nearly $24.5 million in adjusted gross sports betting receipts from $460.8 million in wagers in April, marking a 10.4% year-over-year increase in activity.
Although the total betting handle was only the third-highest of four months this year, it beat every spring and summer month from 2025.
Key Takeaways
- FanDuel led the state market despite a declining handle YoY.
- Fanatics continues its rapid growth, improving its YoY handle by 45%.
- iGaming has produced nearly $3 billion in taxes since the market launched.
The Michigan Gaming Control Boards (MGCB) released the newest financial figures in its monthly revenue report for April.
The $460.8 million in accepted online bets was more than $40 million ahead of the total reported during the same period one year ago. However, it was also the second-lowest count since September 2025, or the beginning of the NFL season.
While the handle was ahead of its year-over-year pace, adjusted gross receipts (AGR) were not, falling 8.7% year-over-year. That’s despite the gross receipts total being the highest of the year and 58.7% higher than they were in April 2025.
A major reason for the decline in adjusted gross receipts was sportsbooks’ disappointing 5.3% hold, which was well behind last April’s 6.4%.
Sportsbooks paid $2.5 million in total online sports betting taxes to the state and $817,940.83 to the city, based on the Michigan sports betting revenue.
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Sports betting performances
| Online Operator | Handle | Adjusted Gross Receipts |
|---|---|---|
| FanDuel | $145.8 million | $15.7 million |
| DraftKings | $127.2 million | $8.4 million |
| BetMGM | $49.9 million | $5.2 million |
| Fanatics | $42.6 million | $2.2 million |
| Caesars | $19.7 million | $1.4 million |
| theScore Bet | $16.1 million | $860,723 |
FanDuel retained its customary spot atop the Michigan sports betting market in April with a $145.8 million handle and $15.7 million in AGR. The handle was down 5.7% YoY, while the AGR was up 17% during the same stretch.
DraftKings finished as the Michigan runner-up, accepting $127.2 million in total wagers and producing $8.4 million in AGR. The operator had the opposite problem to FanDuel, as its handle was up 17.5% YoY, but its bottom line fell 19.6% on the April 2025 figure.
BetMGM was third by a distant margin, processing $49.9 million in bets and generating $5.2 million in AGR. Those marks represented an 8.8% decrease and a 69.7% improvement year-over-year, respectively.
The fast-growing Fanatics was next in line with $42.6 million in total bets, up 45% from its $29.3 million total last April. However, its AGR was still down to $2.2 million, 3.7% below where it was last April.
Caesars continued its freefall, losing 32.5% of its handle while dropping to $19.7 million. Despite that, its AGR bounced 47.9% to $1.4 million.
theScore Bet rounded out the top six operators with $16.1 million in wagers, up 15.6% YoY, and $860,723 in AGR, down 2.5% YoY.
iGaming continues to dominate
While Michigan sports betting continued to grow, iGaming did even better.
The MGCB confirmed that operators combined to produce $303.4 million in gross receipts, the third-highest mark of any month in the state’s history.
Operators also paid $82.9 million in taxes to the state and local municipalities, meaning that Michigan is now only $73 million away from having collected $3 billion in gaming taxes since the market launched in January 2021.
