Golden Nugget has now joined FOX Bet as the latest online sportsbook to exit the state of Michigan. Back in July 2023, Flutter announced that it was shutting down FOX Bet after months of continued major financial losses. About six months later, Golden Nugget Sportsbook Michigan has also now officially announced its exit from the state, effectively causing the number of operators to drop to 13.
When FOX Bet left the state, it did so without finding an immediate replacement. However, for Golden Nugget, the sportsbook is set to collapse its operations into DraftKings Sportsbook Michigan. Before its closure, Golden Nugget Sportsbook had been a poorly performing operator from a revenue perspective.