Michigan online market debuts with GGR of $42.7m in January
| By Daniel O'Boyle
Online betting and gaming operators in Michigan brought in a combined $42.7m in revenue for their first 10 days of activity in the state, up to 31 January.
Online sports betting and gaming launched on 22 January, when nine operators were granted approval by the Michigan Gaming Control Board (MGCB) to offer online products.
From that date until the end of the month, sports betting brought in $13.3m on handle of $115.2m. Online gaming revenue, meanwhile, came to $29.4m over nine days.
Looking at sports betting, FanDuel’s sportsbook in partnership with MotorCity Casino led the way in handle, at $32.6m. However, the operator took in only $622,371 in gross revenue.