Michigan’s Sports Betting Takes a Dip in February with $46M Handle
Michigan’s gambling market hit a mixed beat in February 2025, with sports betting cooling off after a hot January while iGaming kept its steady groove.
A February Fade
The action on Michigan’s online sportsbooks slowed last month, raking in $46 million in gross receipts, down from January’s hefty $83 million haul.
That’s a notable drop, but the adjusted gross revenue (AGR) tells a sharper story: $27.2 million in February, slicing January’s $54.8 million by 50.2%.
The betting handle also took a hit, sliding 31.6% to $379.8 million from January’s $555.2 million. Fewer big games post-NFL season likely played a part, February’s a quieter stretch.
Compared to February 2024, sports betting AGR jumped by $14.3 million, showing the market’s got legs year-over-year. Operators shelled out $1.5 million in taxes and fees to the state, while Detroit’s three casinos kicked $640,249 to the city. Twelve operators kept the sports betting wheels spinning, proving Michigan’s still a player in the game.
Steady iGaming Numbers
On the flip side, iGaming held its own. February gross receipts clocked in at $222.5 million, a dip from January’s combined $331.2 million for iGaming and sports betting (the exact January iGaming split isn’t split out, but the trend’s clear).
The AGR landed at $209.1 million, down 10.3% from January’s $233.1 million. Not a shock, January’s a peak month with holiday carryover.
iGaming AGR soared 23.6% from February 2024, cementing Michigan’s online casino scene as a powerhouse. Operators paid out $42.3 million in taxes and fees to the state, with Detroit’s casinos adding $11.5 million to the city’s coffers. All 15 operators stayed in the iGaming mix, keeping the digital tables buzzing.
The Big Picture
Add it up, and Michigan’s operators handed over $43.8 million in total taxes and fees to the state in February, $42.3 million from iGaming, and $1.5 million from sports betting.
That’s a slight dip from January’s $46.8 million, mirroring the month’s softer numbers. But with a $11 billion sports betting handle already notched in January 2025 statewide (per industry trends), and iGaming flexing double-digit growth over last year, Michigan’s gambling pulse is still strong.
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