Industry

March Madness is here again, and so is the Big Ten Conference Tournament. Michigan will be represented by the Wolverines and Spartans, its two university men’s basketball teams. Competition schedule, betting odds and responsible gaming tips are now available.

The MGCB is leaving no stones unturned in its commemoration of this year’s Problem Gambling Awareness Month. It has launched the Don’t Regret the Bet ad campaign to promote responsible gaming and fight problem gambling in the state.

A new survey reveals that college students are at great risk of problem gambling, while university authorities have failed to take action at curbing this menace. BetMGM, on the other hand, is looking to tackle gambling addiction through advertisements.

A close analysis of the available figures reveals that interstate poker was significantly responsible for the growth in PokerStars MI revenue in January 2023. Interstate poker also accounted for revenue jumps in WSOP and PokerStars New Jersey.

Michigan sportsbook witnessed yet another decline in revenue and betting handle for the month of January. While the difference on a month-over-month were barely substantial, yearly comparisons prove worrisome.

Michigan online casinos earned a total revenue of $153.7 million in January, setting a record for the fourth month running. BetMGM also maintained its spot as the highest earner while other operators like DraftKings broke individual revenue records.

With the Lions not making it to the playoffs, Michiganders still put up a good show with their audacious bets on the Super Bowl. Although most bets from Michigan were for the Eagles, some bettors got away with lucky wins.

The Michigan Gaming Control Board has approved the license for Sports Illustrated Casino to replace the defunct TwinSpires Casino owned by the Hannahville Indian Community. This development brings the total number of casinos back to 15.

The Super Bowl is set to take place on February 12, 2023, and in anticipation of one America’s most viewed and most bet-on event, the MGCB has advised that players gamble responsibly and avoid high-risk situations.

Red Tiger, a subsidiary of Evolution is set to launch its unique timed jackpot slot games in Michigan. Similarly, Konami Gaming has announced a partnership with Caesars Sportsbook & Casino, introducing its popular online slots through the operator.