Industry

Golden Nugget has added new games from Bragg’s Atomic Slot Lab to its catalog after securing a landmark agreement with the game’s supplier. The casino has also recently transitioned into a casino-only business after its sportsbook recorded consistently poor performances.

Sports betting handle crosses $600 million threshold for second consecutive months. FanDuel Sportsbook maintains lead as it surpasses $200 million in online handle for three months in a row while ESPN Bet crosses $50 million in handle yet again.

Michigan’s online casino operators have set another record combined monthly revenue. The top three operators accounted for more than 70% of the total earning. BetRivers and Caesars continue their impressive showings to earn top five ranking.

Caesars acquired WynnBet’s Michigan iGaming and sports betting license for an undisclosed amount. With this deal, Caesars has now established itself as a top-five online casino in Michigan with 3.7% lifetime share of the state’s iGaming revenue market.

Fanatics is set to launch its casino and sportsbook in Michigan on February 22, months after purchasing PointsBet’s US assets for $225 million. Michigan becomes the third state with a Fanatics casino and the 13th jurisdiction with the operator’s sportsbook.

BetMGM and X reportedly signed a deal to bring odds information and betting features to the social media platform. New partnership raises possibility of BetMGM Michigan online casinos coming to the social media platform. Rivals may potentially sign similar deals.

Three Detroit casinos earned less than $100 million in gross gaming receipts in January 2024. This decline follows a trend of year-on-year January revenue decline. Retail sport betting records improved earnings, however, due to the Detroit Lions playoff.

Michigan citizens have a new problem gambling helpline, 1-800-GAMBLER. The MGCB’s partnership with NCPG is designed to achieve consolidation of problem gambling helplines and improve the access of Michiganders to helpful resources.

BetMGM Michigan customers will enjoy two exclusive offers, a game mechanic and a slot, courtesy of the operator’s partnership with White Hat Studios. These exclusive offering is expected to strengthen BetMGM’s market domination.

Governor Whitmer has presented her sixth executive budgetary recommendation, unveiling a $80 billion plan which includes $4 million earmarked to the Compulsive Gaming Prevention Fund. Another $1.9 million is also proposed to be allocated to the MGCB.