Michigan Online Casino Revenue Edges Over $250 Million For July, Third Highest Ever

The Michigan Gaming Control Board reported on Tuesday $250.5 million in gross online casino revenue for July, the third time the Wolverine State surpassed one-quarter of a billion dollars.

July's figure ranks behind only March ($260.5 million) and May ($251.5 million) all-time and represented a 30.9% year-over-year increase. The $1.72 billion in operator revenue the first seven months of 2025 is up 27.4% compared to last year.

Michigan's 15 licensees have collectively surpassed $240 million every month this year except February. The consistent double-digit growth throughout the year has put $3 billion in gross operator revenue for 2025 in play, which would also put all-time revenue above $10 billion since launch in January 2021 if reached.

The state levied taxes on $235.2 million in adjusted gross revenue, redirecting $49.2 million to its coffers. The city of Detroit received $12.1 million in remits, while the $6.1 million in tribal disbursements was an all-time monthly high.

FanDuel keeps its narrow lead for another month

The 1-2 combination of FanDuel and BetMGM accounted for just over half the state's overall operator revenue in July. FanDuel made it back-to-back monthly wins with a $63.1 million haul, a 35% increase versus July 2024. BetMGM checked in with close to $62 million, as both digital platforms ran their streak of months with $60 million-plus in winnings to eight.

FanDuel also slightly widened its year-to-date revenue lead over BetMGM to $1.2 million. The $451.5 million in winnings accrued by FanDuel is up 31.5% versus the first seven months of 2024, while BetMGM's revenue has risen 27.5% to $450.3 million.

DraftKings was an island unto itself for third, remaining the best tribal-based tether in Michigan at $41.6 million. That was its third-best performance all-time, but a rough February means the $270.3 million in year-to-date revenue is up only 5.3% thus far.

The mid-tier makes moves

Five platforms recorded all-time highs, with BetRivers pushing to become the fifth operator all-time to surpass $20 million in monthly winnings. BetRivers came $441,600 short of the benchmark while setting a record for the fourth time in 2025 as revenue soared 53.7% year-over-year.

Caesars Palace Online's strong year continued with a haul of $17.7 million, topping its previous standard of $16.8 million set in March. It cleared $400 million in all-time revenue, with the $114.4 million in 2025 winnings up 46% against the opening seven months of 2024.

Fanatics Casino again joined the group of eight-figure revenue generators with its best month at $12.3 million. It was a third straight record haul for Fanatics, which currently has claimed $69 million in winnings and tracking to more than double its 2024 total of $52.6 million.

Penn Entertainment rounded out a strong July for Detroit-based platforms with a record $8.4 million. That was up 91.2% from a year ago and also an 11.9% bounce from June's short-lived record of $7.5 million.

Overall, the three Detroit-tethered platforms raked in $133.4 million, up 31.1% from July 2024. Tribe-tethered counterparts had their best collective monthly total at $117 million, an increase of 30.6%. The $16.4 million spread between the two groups was the lowest since being separated by $14.6 million last October.