Michigan Sports Betting Revenue 2025

Michigan Revenue Insights

Overview of Michigan Sports Betting

Michigan’s sports betting launched in March 2020 under the Michigan Gaming Control Board (MGCB). It started with retail and now includes commercial and tribal gaming and online and retail sportsbooks.

Municipalities’ cut of tax revenue created is used to help fund the police force, neighborhood and development programs, public safety programs, anti-gang programs, capital improvements, and road improvements. In contrast, the entire state wagering tax goes to K-12 classroom education. (American Gaming Association, 2024)

Michigan has a strong sports tradition, with each of Detroit's four major sports teams active since 1957 or before. Theoretically, that gives it great potential in the sports betting sector, but limited upward movement in handle and revenue between 2022 and 2023 suggests that history and culture won't always guarantee massive growth.

Annual Sports Betting Growth in Michigan

This chart displays annual sports betting figures for Michigan, including handle, gross gaming revenue (GGR), hold percentage, and tax revenue. All data is sourced directly from the Michigan Gaming Control Board (MGCB) to ensure accuracy and regulatory compliance.

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Monthly Sports Betting Growth in Michigan

2024

This chart outlines monthly sports betting totals in Michigan, based on verified reports from the Michigan Gaming Control Board (MGCB). Figures include handle, GGR, hold percentage, and tax contributions, reflecting only licensed and regulated sportsbook activity.

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Michigan Sports Betting Revenue

Year / Month	Handle	Gross Gaming Revenue	Hold %	Tax Revenue
2020	$130,763,498	$18,276,857	14.76%	$1,535,255.99
2021	$3,965,906,303	$319,522,216	8.33%	$26,839,866.14
2022	$4,814,088,969	$418,647,137	8.83%	$35,166,359.51
2023	$4,810,903,877	$434,438,031	9.23%	$36,492,794.60
2024	$5,511,011,493	$481,495,654	9.17%	$40,445,634.94
January 2025	$574,628,174.64	$85,560,633.80	14.89%	$7,187,093.24
February 2025	$388,079,420.00	$46,811,512.40	12.06%	$3,932,167.04
March 2025	$487,163,311.00	$33,549,824.50	6.89%	$2,818,185.26
April 2025	$426,993,695.00	$27,093,172.20	6.35%	$2,275,826.46
May 2025	$395,296,514.00	$36,873,130.30	9.33%	$3,097,342.95

Latest Updates in Michigan Sports Wagering

July 2024: Michigan Gaming Control Board adds $3 million to budget for responsible gaming initiatives. (Michigan.gov , 2024)
June 2024: Caesars increases its footprint in Michigan by buying WynnBET’s Michigan sportsbook and iGaming business and partnering with Sault Ste. Marie Tribe of Chippewa Indians. (Yahoo Finance, 2024)
May 2024: Offshore sportsbook Bovada is ordered to shut down in Michigan, representing an effort by the state to snuff out unlicensed operators. (iGamingBusiness.com , 2024)
May 2024: The Michigan Supreme Court agrees to hear the case of a woman suing BetMGM for $3.2 million, a landmark case in the state's gambling industry. (Michigan Lawyers Weekly, 2024)

Michigan Snapshot

Key Aspect	Details
Population	Approximately 10.04 million residents as of 2024. (World Population Review, 2024)
Political Affiliation	Michigan has a slight Democratic lean in most cases and has a Democratic trifecta, controlling the governorship and both legislative chambers. It recently voted Republican in the 2024 presidential election. (270towin.com, 2024)
Year Sports Betting Legalized	Permitted from December 20, 2019. Retail sports betting operations began in March 2020, and online gaming became available in January 2021. (Detroit Free Press, 2021)
Number of Sportsbooks Operating	There are 13 online sportsbooks: DraftKings, BetMGM, FanDuel, Caesars, BetRivers, ESPN Bet, Eagle Casino Sports, Firekeepers Sportsbook, Four Winds, Fanatics Sportsbook, SI Sportsbook, Golden Nugget and Play Gun Lake (powered by betPARX).
Gross Gaming Revenue (GGR) 2023	$434,438,031.00
Sports Betting Handle 2023	$4,810,903,877.00
Professional Sports Teams	Michigan has several professional teams, including the Detroit Lions (NFL), Detroit Pistons (NBA), Detroit Red Wings (NHL), and Detroit Tigers (MLB)

FAQs

General Information

When was sports betting permitted in Michigan?

Sports betting was legalized on December 20, 2019, with retail operators opening in March 2020 and online operations beginning in January 2021.

How many sportsbooks operate in Michigan?

There are 14 sportsbooks in the state: DraftKings, BetMGM, FanDuel, Caesars, BetRivers, ESPN Bet, betPARX, Eagle Casino and Sports, Firekeepers Sportsbook, Four Winds and Fanatics Sportsbook.

Market Data

What was Michigan’s total sports wagering handle in 2023?

According to Michigan Gaming Control Board reports, the state reported a wagering handle of $4,810,903,877.00 in 2023.

How much revenue was generated in 2023?

Michigan’s gross gaming revenue in 2023 totaled $434.4 million, with over $36 million collected in taxes.

What is covered on this page?

This page provides a breakdown of Michigan's sports betting market, including handle, revenues, and operator updates, all backed by official reports. (Michigan Gaming Control Board, 2024)