Sports News
| Published On Aug 21, 2026 12:27 am CEST | By Daniel Li

Michigan Sportsbooks Post $30.8 Million Revenue From $355 Million Handle in July

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Michigan online sports betting cooled by wagering volume in July, but operator returns improved sharply. Sportsbooks generated $30.8 million in adjusted gross receipts from $355.2 million in bets, according to the Michigan Gaming Control Board.


Good to Know

  • Online sports betting handle fell 3% from June to $355.2 million, the lowest monthly total of 2026.
  • Adjusted sports betting revenue climbed 52.7% month over month and 28.8% year over year to $30.8 million.
  • FanDuel led Michigan sportsbooks with $107 million in wagers and $11.8 million in adjusted revenue.

Lower Betting Volume Still Delivers Strong Revenue

July produced an unusual combination for Michigan sportsbooks. Players wagered less than in any previous month of 2026, yet operators recorded the third-highest adjusted revenue total of the year.

The $355.2 million online sports betting handle fell from $366.1 million in June but increased 25.6% from July 2025. Adjusted revenue reached $30.77 million, compared with $20.15 million one month earlier.

Gross sports betting receipts reached $43.36 million before adjustments. Using adjusted revenue, sportsbooks retained about 8.7% of wagers. Gross receipts represented roughly 12.2% of handle, so the two figures should not be confused when comparing sportsbook hold.

FanDuel remained the largest operator, taking $107 million in online bets and generating $11.8 million in adjusted revenue. DraftKings followed with a $99 million handle and $8.1 million in revenue.

BetMGM recorded $41.1 million in bets and $3.4 million in adjusted revenue. Fanatics matched that revenue figure from a smaller $35.3 million handle. Fanatics also posted the fastest annual revenue growth among the leading operators, up 272.2%.

Caesars handled $17.1 million and recorded $754,521 in adjusted revenue, while theScore Bet took $11.2 million in wagers and generated $571,500.

Michigan collected $2.1 million in online sports betting taxes and payments during July. Detroit received another $591,247 from the three commercial casino operators.

Michigan Online Casino Revenue Nears $291 Million

Sports betting posted the stronger monthly growth rate, but online casino gaming remained far larger.

Michigan iGaming adjusted gross receipts reached $290.65 million in July, up 23.6% from a year earlier and 0.5% from June. Gross iGaming receipts came to $302.77 million.

Online casino operators paid $61.2 million in state taxes and fees, compared with $2.1 million from online sportsbooks. Detroit collected another $13.5 million from iGaming.

The gap reflects the different scale of the two regulated products. Michigan online sportsbooks generated $435.9 million in adjusted revenue across all of 2025, while iGaming produced $2.9 billion. Total sports betting handle reached $5.4 billion that year.

Michigan currently has 13 authorized online sportsbook operators and 15 authorized iGaming operators.

Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.