Michigan Sportsbook Wagering Falls to Lowest Level Since July 2025
August handle slipped 7% from July, while sportsbook adjusted receipts fell 29.3% from a year earlier as iGaming remained resilient.
August handle slipped 7% from July, while sportsbook adjusted receipts fell 29.3% from a year earlier as iGaming remained resilient.
Online casino receipts remained steady above $300 million, while sportsbook revenue and wagering fell after July.
Its $72.7 million August online-casino result displaced BetMGM from the state’s historical top-10 list
August iGaming receipts reached just over $303 million, although annual growth slowed to its lowest rate of 2026.
Sports betting handle fell, but adjusted receipts and tax payments still climbed.
Five straight months above $300 million lifted lifetime iGaming revenue to about $12.26 billion.
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.
June’s official report showed a 20% drop in online sports handle, while one outlet linked some of the betting surge to the World Cup.
The exclusive agreement puts the supplier’s online casino content into Michigan and New Jersey, two long-running regulated iGaming markets.
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