Michigan Online Sports Betting Handle Grows as iGaming Achieves Record April

(AsiaGameHub) –   In April, Michigan sportsbooks processed online bets totaling $460.8 million, while online casino revenue once again highlighted iGaming’s dominance in the state’s market.

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Key Takeaways

• Michigan’s online sports betting handle saw a 10.4% increase year over year in April.
• Sportsbooks reported adjusted gross receipts of nearly $24.5 million.
• Online casino gross receipts reached $303.4 million, marking the third-highest monthly total in Michigan’s history.

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iGaming Continues to Fuel Michigan’s Gambling Revenue

While sports betting activity showed improvement compared to April of the previous year, the profitability margin was less favorable. The Michigan Gaming Control Board reported that $460.8 million in online wagers were accepted, exceeding April 2025 figures by over $40 million.

However, adjusted gross sports betting receipts decreased by 8.7% year over year, reaching close to $24.5 million. This decline was primarily due to a lower hold rate. Operators retained only 5.3% of wagers, down from 6.4% in April 2025, despite gross receipts reaching their highest point of 2026 so far.

FanDuel maintained its leading position, handling $145.8 million and generating $15.7 million in AGR. Although its handle saw a 5.7% decrease from the previous year, its AGR increased by 17%.

DraftKings secured the second spot with $127.2 million in bets and $8.4 million in AGR. Its handle grew by 17.5%, but its AGR declined by 19.6% compared to April 2025.

BetMGM followed with $49.9 million in handle and $5.2 million in AGR. Fanatics handled $42.6 million, a 45% year-over-year increase, but its AGR dropped to $2.2 million. Caesars’ handle fell to $19.7 million, while its AGR rose to $1.4 million. theScore Bet accepted $16.1 million in wagers, generating $860,723 in AGR.

Michigan collected $2.5 million in online sports betting taxes for the state and an additional $817,940.83 for the city.

Online casino operations yielded a more substantial outcome. Michigan iGaming operators reported $303.4 million in gross receipts, the third-highest monthly total since the market’s inception. Operators also contributed $82.9 million in state and local taxes, bringing Michigan approximately $73 million away from reaching $3 billion in total gaming tax revenue since the market launched in January 2021.