Michigan Online Casino Revenue Tops $302.8 Million in July
Five straight months above $300 million lifted lifetime iGaming revenue to about $12.26 billion.
Five straight months above $300 million lifted lifetime iGaming revenue to about $12.26 billion.
Handle fell to its lowest level of the year, but an 8.7% hold lifted sportsbook AGR.
Michigan, Nevada, Pennsylvania and New Jersey players get 10 Day 1 flights and a shot at Day 2 on Aug. 24
The August offer automatically tightens qualifying pregame prices on moneyline, run line and totals bets.
The first marquee events have paid well above expectations as the 96-event festival heads toward a $35,000 main event.
The in-house progressive jackpot feature is now live for sportsbook and casino customers, with four prize tiers and no change to the original wager.
The 12-day series spans four states, adds a $250,000 Main Event and a one-day Sunday buy-in sale.
Revenue climbed 46% to $393.8 million, online casino supplied 72% of sales and full-year guidance rose again.
Debit cards, bank transfers and e-wallets remain available, but the operator’s help centre blocks credit-card workarounds through PayPal and Venmo.
Hard Rock and bet365 have joined the state’s online casino market as BetMGM posts solid revenue growth and a 15% rise in acquisition costs.