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Michigan Online Casino Revenue Surpasses $300 Million In September

Drew Ellis

By Drew Ellis in Online Casino

Published:


Michigan online casino revenue

For the seventh consecutive month, Michigan online casino revenue surpassed $300 million.

It wasn’t easy, as the 15 MI online casinos tallied $300.2 million last month to extend its streak.

September’s total was a 0.9% drop from August’s total of $303.0 million. However, the year-over-year growth compared to last September was 15.9%.

September’s Michigan Online Casino Revenue Breakdown

Here’s a look at how each of the 15 online casinos in Michigan performed in the month of September, compared to a year ago.

Data is provided by the Michigan Gaming Control Board via their revenue page.

Online OperatorSeptember 2026 RevenueSeptember 2025 RevenuePercentage Change
FanDuel$74,236,270$69,756,7886.4%
BetMGM$63,299,900$65,856,942-3.9%
DraftKings$44,759,521$40,372,80010.9%
BetRivers$22,648,516$20,015,52713.2%
Fanatics$20,026,491$14,097,28642.1%
Hard Rock Bet$19,352,368N/AN/A
Caesars Palace$15,477,433$14,737,1505.0%
Golden Nugget$9,539,026$9,184,4803.9%
Hollywood Casino$7,860,249$7,714,4431.9%
bet365$6,550,861$1,789,277266.1%
BetParx$4,366,844$4,210,2863.7%
FireKeepers$4,353,562$2,262,84392.4%
Eagle Casino$3,661,645$3,846,697-4.8%
Horseshoe$2,431,991$3,375,061-27.9%
Four Winds$1,668,471$1,904,381-12.4%
Total$300,233,148$259,123,96115.9%

Michigan’s September online casino revenue brought in $60.6 million in state tax revenue, along with an additional $21.8 million going to city and local jurisdictions.

Growth Rate Under 20% Again

For the second consecutive month, year-over-year growth for the Michigan online casino revenue was below 20%.

Month2026 Revenue2025 RevenuePercentage Change
January$298,311,148$248,150,75320.2%
February$273,108,546$222,527,25322.7%
March$322,050,683$260,520,94623.6%
April$303,399,067$248,110,93822.3%
May$305,763,639$251,473,59321.6%
June$301,226,271$240,566,55425.2%
July$302,774,279$250,507,75020.9%
August$303,016,076$263,270,69315.1%
September$300,233,148$259,123,96115.9%
Total$2,709,882,856$2,244,252,44120.7%

January-July saw at least 20% yearly growth for MI iGaming revenue, but the last two months have seen that dip below 16%.

While that’s not completely unexpected, as Michigan finished the second half of 2025 very strong. It will be tough for the state to maintain a 20% growth rate over Q4. It may be difficult to even maintain 15% growth.

October and December were record-setting revenue months for Michigan last year, including over $315 million in December. That mark has only been topped one time since.

Still, Michigan is averaging $301.1 million in revenue per month for 2026. That puts it on pace to reach $3.61 billion for the year. That would be a low bar though, as Michigan should perform above the current average.

Should the state maintain a 20% year-over-year improvement, that would push it to $3.70 billion in 2026 iGaming revenue. I think that is a high bard to reach. The state is likely to finish somewhere in the middle of $3.61 and $3.70 billion.

Drew Ellis

Drew Ellis has decades of experience in media covering sports, gambling and general news. He has provided news coverage for online and retail casino developments across the US and around the globe.

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