Michigan’s sports betting industry posted another highly successful month during June as $44.6 million in gross sports wagering receipts represented a 44.4% year-over-year rise.
The state’s sportsbooks also accepted $302.7 million in total bets, a 9.4% increase over the total during the same time in 2024.
Key takeaways
- Sportsbooks claimed $30.5 million in adjusted gaming revenue in June.
- FanDuel was the only operator to accept more than $100 million in monthly wagers.
- Fanatics showed extreme growth, more than doubling its handle from June 2024.
The Michigan Gaming Control Board released its newest monthly figures on Tuesday, July 22.
Although June's handle was the lowest of any month in 2025, that was to be expected. The June-August period, known as professional sports' “dead season”, is the least productive period for sportsbooks annually.
While handle didn't amaze compared to the rest of the year, June’s gross receipts still ranked fourth out of six months. That was thanks to a 10.1% hold rate, the year's highest.
The state also received $1.8 million in sports betting taxes, third-highest of the year, based on Michigan's 8.4% adjusted gaming revenue (AGR) of $30.5 million.
The Wolverine State already received $3.6 million in internet sports betting taxes since the year's start, 6.3% more than it did at the same time one year ago.
Who performed the best?
| Sportsbook | Handle | AGR |
|---|---|---|
| FanDuel (MotorCity Casino) | $103.4 million | $14 million |
| DraftKings (Bay Mills) | $95 million | $9.7 million |
| BetMGM (MGM Grand) | $40.9 million | $3.6 million |
| Fanatics (Lac Vieux Desert Band) | $26.2 million | $400,349 |
| Caesars (Grand Travers Band of Ottawa) | $13.7 million | $927,819 |
| ESPN Bet (Greektown) | $12.9 million | $960,840 |
FanDuel had the most successful month for Michigan’s online sportsbooks, with a $103.4 million handle, (7.4% year-over-year increase) and $14 million AGR (34.7% year-over-year increase).
DraftKings was second with a $95 million handle, up 14.6% year-over-year, and $9.7 million AGR, a whopping 80.1% growth.
BetMGM claimed the final podium spot with a $40.9 million haul and $3.6 million in revenue. The handle represented 1.1% year-over-year improvement, while the book reported more than $45 million in losses during June 2024.
Fanatics was just outside of the top three with a $26.2 million handle, more than double the $13 million it reported last June. However, its AGR only rose from $327,301 to $400,349.
Caesars and ESPN Bet posted lower handles, with $13.7 million and $12.9 million, respectively. However, their AGR totals were $927,819 and $960,840. Both casinos accepted fewer wagers but produced more income than the previous year.
Michigan’s gaming growth
Michigan is one of the most consistent states in growing its gaming industry. However, its 8.4% tax is among the United States' lowest and makes it an inviting market for competitors.
The state’s gaming laws allow up to 15 online operators at once. Since only 12 are operational, three licenses are still up for grabs.
Although unconfirmed, bet365 recently emphasized expanding across the U.S. It's available in 13 states and appears poised to join Missouri’s market, which should launch by Dec. 1.
