Michigan online sportsbooks generated $30.8 million in adjusted gross receipts from a $355.2 million handle during July, marking a 25.6% year-over-year increase in wagering activity.
The handle was the lowest of the year, while July's AGR ranked third among 2026 monthly totals.
Key Takeaways
- Sportsbooks posted an 8.7% hold in July, their highest of the year.
- FanDuel was the only operator to break $100 million in July handle.
- Fanatics grew its AGR by an astounding 272.2% year over year.
The Michigan Gaming Control Board reported Wednesday that the $355.2 million in processed wagers fell 3% from June but remained approximately $72.5 million above July 2025.
AGR was similarly well beyond where they were at this time last year. The $30.8-million figure easily beat July 2025’s $23.9 million by 28.8%.
Sportsbooks benefited from the outcomes produced across the sports world during the month. Their strong 8.7% hold was the highest of the year, beating January's 7.5% and topping the previous month's 5.5%.
Operators paid $2.1 million in online sports betting taxes and fees to the state and $591,247 in wagering taxes and municipal services fees to Detroit.
Enjoying Covers content? Add us as a preferred source on your Google account
FanDuel tops list ... again
| Online Operator | Handle | Adjusted Gross Receipts |
|---|---|---|
| FanDuel | $107 million | $11.8 million |
| DraftKings | $99 million | $8.1 million |
| BetMGM | $41.1 million | $3.4 million |
| Fanatics | $35.3 million | $3.4 million |
| Caesars | $17.1 million | $754,521 |
| theScore Bet | $11.2 million | $571,500 |
FanDuel once again led the Michigan sports betting market with a $107-million handle and $11.8 million in AGR. Those marks were up a strong 18.4% and 7.7% year over year, respectively.
DraftKings, also customarily, came in second with a $99-million handle that was up 12.7% YoY. Its $8.1 million in AGR increased by an even more impressive 28.1%.
BetMGM found its way onto the podium with $41.1 million in online betting handle, up 11.4% YoY. However, its $3.4 million in AGR represented a 2.4% decrease from its July 2025 total.
Fanatics continued its strong growth with $35.3 million in handle and $3.4 million in AGR, tying BetMGM for third in Michigan revenue. Those marks were up 22.4% and an enormous 272.2% YoY.
Caesars finally stopped the bleeding after losing a substantial amount of its market share, only dropping 0.7% YoY to a $17.1-million handle. Its $754,521 also represented a 21.8% YoY improvement.
theScore Bet rounded out the top operators, posting an $11.2-million handle (down 0.5% YoY) and $571,500 in AGR (down 44.1% YoY).
iGaming loses spotlight
Michigan’s iGaming market has seen extraordinary growth this year, often stealing the headlines from sports betting operators.
July was a stronger month for sports betting growth, as online sports betting AGR jumped 52.7% from June and 28.8% year over year. iGaming AGR increased 0.5% month over month and 23.6% year over year to $290.7 million.
iGaming operators paid $61.2 million in state taxes and $13.5 million in wagering taxes and municipal service fees to Detroit. The state has collected more than $3 billion in gaming taxes since its market launched in January 2021.
