Industry

Almost 12 months since PokerStars launched a shared liquidity pool between Michigan and New Jersey, the state has recorded remarkable progress, including emerging as the US state with the most online poker traffic and revenue.

EveryMatrix and Caesars Digital have signed a new content deal that will allow Caesars Palace Online Casino and Caesars Sportsbook & Casino in about four US states to feature casino style games from the renowned supplier.

MGM Grand Detroit are set to return to work after they voted to ratify a new contract which includes a bonus option in the second year of the deal. This development comes after 47 days of picketing.

Virtual Gaming Worlds has officially exited the Michigan market joining Golden Hearts Games, a charitable casino operator that was accused of unlicensed gambling in October. VGW was the operator of Luckyland Slots, Chumba Casino and Global Poker.

Michigan sportsbooks reported an all-time sports betting handle record in October after generating a total of $551.1 million across retail and mobile operations. A betting hold of 8.4% would ensure that revenue stayed at $46.1 million.

Michigan's online gambling industry saw a mixed performance in October 2023, with its overall revenue declining slightly from September to $160.3 million while some individual casinos managed to set monthly records.

DraftKings has announced plans to launch progressive parlay, a new feature that allows bettors to win even if they lose some legs of their overall wager. The feature is set to be regulated as a sports betting option upon release.

Over 2,000 workers from Hollywood Casino and MotorCity have voted to end the strike at their locations. However, picketing will continue at MGM Grand Detroit after its staff failed to ratify the new contract agreed to by the DCC.

ESPN and Hollywood Casino Online have kicked off operations in Michigan, West Virginia, Pennsylvania and New Jersey. The sportsbook is offering players several promotions, including a 100% deposit match bonus, up to $1,000.

The Detroit Casino Council has begun a campaign calling for the boycott of online casinos operated by Detroit retail casinos. The DCC is considering this measure in hopes that the potential financial implications cause Detroit casinos to change their stance.