Michigan: More healthy iGaming and sports betting numbers posted for November
We've heard the phrase "shatters records" a lot recently. But that's because US sports betting numbers are doing just that across a number of different states.
The latest in a long line of sports betting regions to report healthy numbers is Michigan, with the Wolverine State generating handle of over $500m across retail and online for the month of November.
Online sports betting generated $478.3m in handle, above October’s $463.6m (you guessed it, it’s another record), while Detroit-area casinos made $26.7m in retail wagering.
Differing from October, however, November’s figures broke further records in the gross gaming revenue (GGR) department.
Online sports betting GGR was $54.1m for the month of November, up 123% month-on-month, while retail GGR was $4.6m, totalling $58.8m in revenue.
Interestingly, Barstool Sports was the state’s market leader, with $41.3m in handle and $3m in GGR. Caesars came second and PointsBet third, followed by WynnBet and Fox Bet.
Further joy in iGaming
Elsewhere, online casino and poker rooms in Michigan generated a further GGR of $107.6m for the period, although for once this was not a new record, as it was 2% down month-on-month.
This, though, was largely down to there being one less day in November than October, as average revenue per day was up.
Michigan’s online casinos and poker rooms have now generated $992.2m in GGR, nearing the magic $1bn mark for the year.
BetMGM/MGM Grand Detroit led online casino and poker operators, with $40.1m in gross gaming revenue. Meanwhile, DraftKings/Bay Mills placed second with $16.8m.
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