Michigan took a break from its usual sports betting dominance in December as the $512.9 million monthly online wagering handle was down 14.2% year-over-year.
Despite the steep decline in money wagered, Michigan sportsbooks reported $84 million in gross receipts.
Key Takeaways
- The sports betting handle fell noticeably, while revenue soared.
- Sportsbooks accepted their fewest wagers, based on dollars, since the summer dead season.
- iGaming continued to thrive, with adjusted receipts rising 35.1% year-over-year.
The Michigan Gaming Control Board confirmed the state's latest gambling figures in its recent December revenue report.
The $512.9 million in online betting handle was easily the lowest since the summer “dead season,” which concluded with a $338.9-million handle in August. The December figure is also 18.7% lower than November’s $631.1-million total.
Despite that, Michigan sports betting revenue reached its third-highest total in 2025, based on gross receipts. Only November’s $87.3-million figure and the $85.5 million accrued in January was higher.
The strong performance resulted in an 11.9% hold on adjusted receipts.
Additionally, Michigan sports betting provided $4.2 million in state taxes, the second-highest total of the year and only the second month in 2025 during which sportsbooks produced more than $4 million in wagering taxes.
December's final figures confirmed sportsbooks’ year-end totals of $5.4 billion in handle, $435.9 million in adjusted receipts, and $27.1 million in state taxes. Those figures were up 1.7%, 124.3%, and 84.3% year-over-year, respectively.
FanDuel leads the way
| Handle | Gross Revenue | |
|---|---|---|
| FanDuel | $182.3 million | $34.3 million |
| DraftKings | $140.4 million | $21.5 million |
| BetMGM | $66.7 million | $10 million |
| Fanatics | $44 million | $6.3 million |
| Caesars | $21.7 million | $1.4 million |
| theScore Bet | $20.2 million | $2.8 million |
FanDuel enjoyed the top spot in the market once again, but not by the same margin it is accustomed to having. Its $182.3-million in handle was down 22.6% YoY, but $34.3 million in revenue was significantly better than the $7.1 million it reported last December.
DraftKings was back in second with $140.4 million in handle and $21.5 million in revenue. The former was down 13.8 % YoY, and the latter was up from $5.9 million.
BetMGM made the podium with $66.7 million in total wagers and $10 million in revenue. The money wagered was down 22.4%, but revenue was well up from $3.1 million in December 2024.
Fanatics accepted $44 million in tickets, up 26.4% YoY. Caesars reported $21.7 million in handle and $1.4 million in revenue.
theScore Bet, which was rebranded from ESPN Bet on Dec. 1, claimed $20.2 million in bets and $2.8 million in revenue. The handle was down 35.1% YoY, while the revenue easily beat last December’s $458,000.
iGaming soars
While the sports betting handle regressed relative to December 2024, iGaming helped drive the state’s overall gaming market.
The $399.8 million in total internet gaming and sports betting receipts was a 19.1% increase on the total reported in November. That included a monthly total of $315.8 million in iGaming receipts, crushing the state’s monthly record of $278.5 million, set in October 2025.
Michigan collected $62.1 million in total iGaming and sports betting taxes during December.
