Industry

The Michigan Gaming Control Board released the latest figures from gambling revenue in the city of Detroit. MGM Grand Detroit led all other retail venues both in terms of casino gaming and sports betting revenue.

Michigan online casinos have been working tirelessly to provide more games to customers in the Wolverine state. As at the start of June, two major operators in the state have crossed 1,000 total games in their collection.

Caesars Sportsbook has released odds for participating teams in the upcoming Big Ten Championship. These betting odds are available to players to make futures bets on the conference and have a sense of the possible performance of teams.

Caesars Sportsbook and Michigan State University have finally called off the controversial sports betting partnership deal between them. The news of the termination is coming months after regulatory action, stakeholder backlash and several petitions followed the deal.

Sault Ste. Marie, the tribal owners of Kewadin Casinos have announced that they will be renovating their biggest retail casino location in Michigan. The project is expected to cost millions of dollars and is scheduled for completion in 2024.

BetMGM is organizing qualifiers ahead of the BetMGM Poker Championship in Las Vegas this June. Michigan players can register to participate in the qualifiers and win a prize package of $6,500 inclusive of tournament tickets, hotel accommodation and travel.

Michigan online casinos generated $159 million in gaming revenue in April, the second-highest monthly revenue figure in the history of the state. Lifetime iGaming taxes have also crossed $850 million and may top $1 billion by September 2023.

Michigan has once again experienced a decline in its sports betting handle for the month of April. However, the state saw a general positive growth in its sports betting revenue, with FanDuel and DraftKings leading the charge.

Fanatics Betting and Gaming has acquired the gambling company PointsBet for $150 million. The deal is pending shareholder approval and regulatory requirements. Fanatics will take over PointsBet's operations in all states where the company operates, including Michigan.

The Michigan Wolverines men’s lacrosse team has made history by participating in their first ever NCAA tournament. The team marked their debut with a win over Cornell and will now face championship favorites Duke in the quarter finals.