Latest Michigan Online Gambling News

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Fanatics Set to Expand US Operations as PointsBet Shareholders Greenlight Acquisition

Jessica AletorBy: Jessica Aletor
Over 195 million shareholders of PointsBet have voted for the company to proceed with the acquisition deal worth $225 million proposed by Fanatics Betting and Gaming. This would mean Fanatics now expands to 12 more states, including Michigan, pending regulatory approval.
07/07/2023/
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Michigan Authorities Seize Alleged Illegal Gambling Machine in Belleville

Jessica AletorBy: Jessica Aletor
The Michigan Gaming Control Board, in collaboration with the Michigan Department of Attorney General, state investigators and the Belleville police department have seized an alleged illegal gambling machine from a Sunoco gas station in Belleville.
05/07/2023/
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May Finishes in All-Time Monthly Revenue Top Five for Michigan Online Casinos

Jessica AletorBy: Jessica Aletor
Michigan online casinos posted $150.6 million in May 2023. This revenue emerged in the lifetime top five for Michigan iGaming sites. Michigan casinos are also en route to generate up to $1 billion in tax revenue this year.
30/06/2023/
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Fanatics Improves Bid to Acquire PointsBet After Late DraftKings Offer Emerged

Jessica AletorBy: Jessica Aletor
Fanatics Betting and Gaming has now submitted an improved bid of $225 million in a bid to outshine DraftKings as favorite to purchase the assets of PointsBet US. Shareholders are set to vote on the bid on June 30
30/06/2023/
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Online Sports Betting Handle in Michigan Falls to Lowest Since August 2022

Jessica AletorBy: Jessica Aletor
May was a slightly negative month for Michigan sports betting as the wagering handle slumped by 9.7% from last month to $305.3 million. However, FanDuel solidified its position as Michigan’s sportsbook leader collecting 17.2% of its wagers.
27/06/2023/
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NBA Sports News

Ausar Thompson to Join Detroit Pistons After Emerging First Round 5th Pick

Jessica AletorBy: Jessica Aletor
The NBA Draft 2023 has finally been completed and 19-year-old Victor Wembanyama emerged top pick for the San Antonio Spurs. Ausar Thompson also emerged 5th draft pick for the Pistons, alongside Marcus Sasser, who came in 31st pick.
26/06/2023/
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Late Drama as DraftKings Make $195 Million Offer to Purchase PointsBet’s Shares

Jessica AletorBy: Jessica Aletor
DraftKings has made a surprise bid for the acquisition of PointsBet, making the former deal with Fanatics more precarious. DraftKings is also offering $45 more than Fanatics, and PointsBet has stated that it would consider the bid.
22/06/2023/
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Detroit Retail Casinos Report Identical Gambling Revenue to Previous Year

Jessica AletorBy: Jessica Aletor
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.
19/06/2023/
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BetMGM and BetRivers Become First Two Online MI Casinos to Hit 1,000 Games

Jessica AletorBy: Jessica Aletor
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.
11/06/2023/
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Caesars’ Futures Odds for the Big Ten Puts Michigan Wolverines as Favorites

Jessica AletorBy: Jessica Aletor
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.
09/06/2023/
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