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TwinSpires has initiated the transition away from the online sports betting and internet gaming sector.
TwinSpires made an announcement in late February stating that it would be departing from both platforms in order to prioritize its horse racing operations.
The online operator will be removing progressive jackpot games from Michigan on July 31, although the exact timeline for its exit remains unclear.
This marks the initial phase of TwinSpires gradually phasing out, bringing Michigan one step closer to welcoming a fresh online operator.
It seems that Island Resort & Casino is currently in the process of finding a new partner to replace TwinSpires, although they have not made any official announcement yet.
What’s happening on July 31
On July 31, TwinSpires notified its users via email about the removal of the following progressive jackpot games from Michigan.
- The Divine Fortune
- Gods’ mercy
- Riches of the Empire
- The Las Vegas Night Scene
- Knox Pork
- Link Scarab
- Deluxe Big Prize Bubble Gum
- Money Madness II
- The destiny of the eight.
- Power Wheel Heat Em Up
- Jungle Roll Roller Wheel
- Money Roll Roller Wheel
- Dragons of the sky
In the event that a progressive jackpot is won before July 31st, the game shall be taken down at that moment.
If the progressive jackpot does not hit before July 31st, TwinSpires will refund the contributions made by individual players to their accounts.
The online sportsbook and casino of TwinSpires remain fully operational in Michigan.
TwinSpires packing up
TwinSpires revealed its decision to withdraw from online gambling in Michigan in late February of this year.
Instead of horse racing, TwinSpires will now direct its attention solely towards its dedicated application for this sport.
On January 5, 2021, TwinSpires established a partnership with Island Resort & Casino to serve as its online platform provider, following a rebranding from BetAmerica.
Ever since the introduction of online sports betting and casinos in Michigan, TwinSpires has failed to establish itself as one of the prominent operators in the industry.
With a total of slightly over $26 million, it secures the 10th spot in the historical sports betting handle rankings. As for online casino revenue, TwinSpires holds the 12th position in Michigan’s all-time records, amounting to $14.4 million.
Who will replace TwinSpires in Michigan?
At present, all online partnerships with Michigan’s casino operators have been secured.
Michigan’s thriving market should be enticing new companies to seize the opportunity and consider the TwinSpires exit.
Island Resort & Casino, operated by the Hannahville Indian Community, responded to our inquiry about a new partner by stating, “There is no update available at this time.”
There are numerous interpretations of “Yet!” but it most likely suggests that a new partner is currently being pursued. Island Resort & Casino has had ample time, four months to be exact, since TwinSpires announced their intended departure, to receive interest from potential partners.
In February, we examined 10 potential candidates for replacement. Among them, one still stands as a formidable contender due to its strong partnership. Additionally, a previously unmentioned option has surfaced, boasting a compelling connection to Michigan.
SI Sportsbook
The Sports Illustrated sportsbook has already successfully launched in Colorado and Virginia, making it a promising choice for potential expansion in Michigan.
SI has formed a partnership with 888Sport, a renowned European sports betting brand that is already authorized in New Jersey.
SI Sportsbook has not submitted an application to the Michigan Gaming Control Board nor have they been granted a license to operate. In contrast, 888 Atlantic Limited holds a valid license as a supplier in the state of Michigan.
Ocean Casino
In February, Ocean Casino did not make our list of 10 potential suitors due to its limited popularity nationwide. However, it is currently functioning in New Jersey through a partnership with its land-based casino located in Atlantic City.
Additionally, it maintains a significant link to Michigan through its ownership, with 50% of the company being held by the Ilitch Organization. This organization is well-known for its prominent presence in Detroit’s sports industry.
The MGCB has stated that Ocean Casino has yet to submit an application for licensing in Michigan.
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