Unlike the online casino industry, sports betting in Michigan has been plagued with several declines over the past year. Many sportsbook operators witnessed sharp drops in betting handles and revenue, with this phenomenon recurring in January 2023. The MGCB reports that betting handle in the state went down by 0.8%.
Many excuse this decline to be the result of Ohio, a border state of Michigan commencing official sports betting activities at the beginning of the year. February may seem to provide some respite, especially with the Super Bowl.