According to the Michigan Gaming Control Board, Michigan raked in roughly $2 billion in revenue in 2022. The overall trend for iGaming in Michigan has been positive.įrom 2021 to 2022, Michigan’s online gambling revenue rose exponentially.
Two years after sports betting was legalized in Michigan, bettors were able to place their first wagers in early 2021. Michigan is reaping the benefits of legalizing online sports betting. Let’s take a deep dive into the latest Michigan sports betting numbers and how the newly-enacted Fantasy Sports Contests Consumer Protection Act potentially impacts your experience. Lawmakers in Michigan, and other states like New York, were taking note.
Some daily fantasy sports companies have taken advantage of legal gray areas to offer player prop bets on their apps. However, Michigan daily fantasy sports apps were recently delivered a blow due to new legislation that took effect in the state. Sports betting in Michigan has been flourishing since online gambling launched in January 2021.
