Michigan Online Casino Revenue Slips in June
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Michigan's online casino market revenue fell 6% in June to $89.2 million. PokerStars and BetMGM Poker MI are the only two operators licensed to provide online poker in the state. DraftKings and FanDuel traded second and third place in terms of market share and revenue.
Golden Nugget is the only one to be trending upward since the market’s inception in January. Rush Street grossed just under $6 million in online casino revenue and held about 6.5% of the Market in June. Wynn saw its revenue decline but it managed to keep pace enough to jump into sixth place. FoxBet/PokerStars and Penn Sports/Barstool had a rough June with revenue declining for the third consecutive month.
Pala Interactive and Parx Interactive saw their revenue and market share increase in June. FireKeepers Casino reported just under $12k in online revenue in the same month. TwinSpires, PointsBet and William Hill had revenue totals of $1.4 million, $515k and $173k respectively.
