The Atlanta-based startup grabbed more than 60% of the Michigan DFS market in January, trouncing better-known rivals DraftKings and FanDuel.
The Michigan Gaming Control Board (MGCB) aims to encourage responsible gaming through its “Don’t Regret the Bet” campaign.
Data from the Michigan Gaming Control Board (MGCB) show the state’s three commercial casinos stayed ahead of 12 tribal casinos in terms of online casino revenue and handle in 2022.
Revenue hit $49.3 million, the second-highest month on record. Sportsbooks also accepted $480.8 million in online wagers, making October the third-highest month for handle.
Fantasy Sports Shark, FullTime, SportsHub, and Yahoo! have all left the market. It remains unclear if any intend to apply to the regulator to re-enter it.
As the school year begins, the MGCB is looking to raise gambling awareness with high school students through Responsible Gaming Education Month.
Company also looks to be readying launch of new SI Casino product in Q4 2022. Both products would operate under the land-based casino license of the Island Resort & Casino.
Operator has yet to announce plans to shut down in AZ & PA. Meanwhile, the tribal casino TwinSpires MI was partnering with has yet to announce a replacement
The state’s online sportsbooks only handled $206.1 million in wagers, its lowest point since August 2021. BetMGM, DraftKings, & FanDuel all saw substantial declines.
Greektown Casino-Hotel, MGM Grand Detroit, & MotorCity Casino have also led every month in handle from online sports betting, but their lead has fluctuated.
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