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In April, Michigan’s sports betting industry experienced yet another month of significant decrease.
During the month, Michigan online sportsbooks and Detroit’s three retail casinos witnessed a collective decline in sports bets, reporting a total of $338.1 million. This marked a decrease of $57 million compared to the same period last year.
Despite the previous decline in retail sports betting, online sports betting in Michigan is currently exhibiting a collective decrease.
With the exception of FanDuel and DraftKings, the majority of the state’s online sportsbooks are experiencing significant losses in 2025.
Michigan’s sports betting revenue is applicable, not only to bets, but also to other aspects.
Online sports betting down nearly 10% in 2025
Online sports betting in Michigan has witnessed a decline during the initial four months of 2025.
For the third month in a row, the state’s online wagers in April amounted to $322.8 million, representing a $40 million decrease compared to the same month in 2022.
Online sports betting experienced a decline in its handle for the first time in December 2022 compared to the previous year. This downward trend has continued and worsened in early 2025.
Online wagers have experienced a 9.7% decline during the initial four months of 2025 in comparison to the corresponding period in 2022.
| Month | 2022 Online Handle | 2023 Online Handle | Difference |
|---|---|---|---|
| January | $496.8 million | $475.6 million | -$21.2 million |
| February | $398.4 million | $344.9 million | -$53.5 million |
| March | $451.6 million | $407.7 million | -$43.9 million |
| April | $371.2 million | $322.8 million | -$48.4 million |
| Total | $1.72 billion | $1.55 billion | -$166.9 million |
FanDuel continuing to thrive, DraftKings staying steady
Most online sportsbooks in Michigan have been facing challenging times with the news.
Nevertheless, the state’s two leaders remain unwavering.
In the realm of online sportsbooks in Michigan, FanDuel Sportsbook MI has undoubtedly cemented its position as the front-runner. With a remarkable lifetime online handle of almost $3 billion, FanDuel continues to experience favorable outcomes in the year 2025.
MotorCity Casino’s online operator witnessed a remarkable surge in wagers during the first third of 2025, reaching an impressive $534.4 million. This marks a substantial growth of $20.7 million compared to the previous year’s $513.7 million, making it the most significant increase among all 15 sportsbooks in Michigan.
In the competition for second place in Michigan, DraftKings Sportsbook MI and BetMGM Michigan have been engaged in a fierce rivalry. However, it appears that DraftKings is pulling ahead in the race and widening the gap between them in 2025.
As of 2025, DraftKings’ total wagers amount to $394.2 million, marking a slight decrease of $13.4 million compared to the $407.7 million recorded by this time in 2022.
BetMGM presents a significantly contrasting scenario. Its online wagers for 2025 have reached a total of $304.6 million, marking a $90.7 million decline compared to the $395.3 million accumulated during the first four months of 2022.
Six Michigan online sportsbooks down more than 20% in handle
In the initial third of 2025, six online sportsbooks in the state have experienced a decrease of at least 20% in wagers compared to the previous year.
In addition to BetMGM, other sportsbooks are experiencing significant declines in wagering in 2025.
- The Barstool Sportsbook is experiencing a loss of $54.6 million, which accounts for a decrease of 38.6%.
- Caesars Sportsbook faces a significant loss of $31.4 million, representing a decrease of 23.1%.
- The PointsBet Sportsbook experienced a loss of $7.5 million, which accounts for a decrease of 16.5%.
- Fox Bet Sportsbook experienced a loss of $5.8 million, accounting for a decrease of 40.8%.
- Parx Sportsbook experiences a loss of $1.8 million, which accounts for 27.4% of their overall revenue.
- FireKeepers Online Sportsbook has experienced a significant decrease of $1.7 million, accounting for 21.6% of their total earnings.
In addition to FanDuel, the only sportsbooks experiencing an increase in wagers for 2025 are BetRivers Sportsbook, with a gain of $10 million, and Golden Nugget Sportsbook, with a gain of $1.2 million.
Online sports betting revenue up collectively behind FanDuel’s surge
There is a mix of positive and negative news.
In 2025, Michigan’s online sports betting revenue has seen a promising increase of nearly 16%. This positive trend continues as it generated a substantial amount of $36.3 million in April.
FanDuel and DraftKings dominate the market, with FanDuel taking a significant lead in terms of market share.
In 2025, FanDuel’s revenue has reached $71.2 million, surpassing its 2022 revenue by $25.3 million ($45.9 million). Notably, FanDuel’s growth outpaces the revenue generated by all other bookmakers in 2025, except for DraftKings.
In 2025, DraftKings witnessed a significant increase in revenue, reaching $27.9 million, which is $10.8 million higher than the previous year’s figures in 2022.
So far in 2025, revenue has decreased for nine online books, with BetMGM experiencing the highest decline of $10.8 million, followed by Barstool with a decrease of $6.5 million.
In 2025, Michigan’s online sports betting revenue increased by $18.8 million, reaching a collective total of $137.2 million. This figure surpassed the previous year’s mark of $118.4 million.
