Michigan Online Casinos Top $300 Million In Revenue Again
The state's iCasinos surpassed $300 million for the fourth consecutive month in June
Michigan's online casinos took a teeny-tiny step back in June, but they're still running well ahead of last year.
Michigan's 15 online casinos combined for $301.2 million in gross receipts in June, according to numbers released by the Michigan Gaming Control Board Tuesday. That's down a touch from May's $305.8 million, but it's the fourth month in a row above $300 million, a mark the state had cleared just once before this year.
Year over year, everything is up. June gross receipts rose 25.2% over June 2025. Adjusted gross receipts, which strip out what operators spend on promotions and bonuses, came in at $289.2 million, up 28% from a year ago. Taxes paid to the state hit $60.8 million, up 29.1%. That was the fourth straight month iGaming taxes topped $60 million.
March 2026 still owns the record book. That month produced $322.1 million in gross receipts, $309.1 million in adjusted gross receipts, and $64.1 million in state taxes. June didn't come close to any of those, and it didn't need to, as the year-to-date figure is where the growth really shows.
Through six months, Michigan's online casinos have generated $1.8 billion in gross receipts. Hold that pace and the state finishes 2026 right around $3.6 billion. All of 2025 came in at $3.087 billion. Put another way, Michigan's first half this year is up about 22.6% over the first half of last year.
The breakdown
The order at the top didn't move in June, with FanDuel pacing the pack with $72.1 million in revenue. BetMGM was second at $66.3 million, and DraftKings held third at $41.5 million.
What moved is the space between the top two. In May, FanDuel stretched its lead over BetMGM to $13.1 million. In June, the gap shrank to $5.8 million.
DraftKings remains a distant third, though its $41.5 million was an improvement over May's $39.9 million.
The next group all gave a little back. BetRivers led the tier at $23.2 million, followed by Hard Rock Bet at $20.8 million and Fanatics at $19.5 million. Caesars came in at $15.3 million. Each of the four was down slightly from May.
Two operators went the other way. Golden Nugget, which had dropped to a 2026 low of $6 million in May, bounced back to $10.6 million in June, while bet365 went the opposite direction. After posting $11.1 million in May, its first full month running the license it took over from PokerStars in April, bet365 settled to $8.4 million. That may be the difference between a launch bump and a baseline, and bet365's baseline is starting to come into view.
Hollywood Casino, on the Greektown license, was basically flat at $7.2 million, down from $7.4 million.
The rest of the field stayed under $5 million: BetPARX at $4.3 million, FireKeepers at $3.7 million, Soaring Eagle at $3.7 million, Caesars Horseshoe at $2.8 million, and Four Winds at $1.8 million.
Jeff Edelstein is a longtime columnist, reporter, radio host, and fantasy sports aficionado, not necessarily in that order. He lives in New Jersey with his family.
