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Michigan Online Casino Revenue Reaches $273.1 Million In February

Drew Ellis

By Drew Ellis in Online Casino

Published:


Michigan online Casino revenue

Michigan online casinos continued to outpace revenue in 2025 by over 20% by generating $273.1 million in February.

This total was a 22.7% increase compared to last February’s $222.5 million. It is a new record for revenue in the month of February by over $50 million.

The $571.4 million Michigan online casinos have generated in revenue through two months of 2026 is also 21.4% greater than it was at this point in 2025 ($470.7 million).

February’s Michigan Online Casino Revenue Breakdown

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

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

Online OperatorFebruary 2026 RevenueFebruary 2025 RevenuePercentage Change
FanDuel$69,298,395$61,714,38812.3%
BetMGM$63,127,620$60,336,1174.6%
DraftKings$33,686,826$27,794,90521.2%
BetRivers$20,683,985$14,995,17937.9%
Hard Rock Bet$20,208,377$717,554 (SI)2,716.3%
Fanatics$17,148,984$8,196,113109.2%
Caesars Palace$15,672,969$16,774,540-6.6%
Golden Nugget$9,954,308$9,494,8054.8%
Hollywood Casino$6,461,191$5,255,47022.9%
BetParx$4,277,798$3,822,61911.9%
Eagle Casino$3,629,610$2,513,56030.1%
FireKeepers$3,443,717$1,870,64884.1%
Horseshoe$2,041,997$2,921,294-30.1%
PokerStars$1,874,799$2,379,165-21.2%
Four Winds$1,597,970$3,740,898-57.3%
Total$273,108,546$222,527,25322.7%

February revenue through iGaming generated $53.9 million in state tax revenue for Michigan, along with an additional $19.8 million for city/local jurisdictions.

Takeaways from February Michigan iGaming Revenue

  • FanDuel Casino once again took home the top spot in revenue for February at $69.3 million. It was the first time since September that FanDuel was unable to reach $70 million in monthly revenue.
  • Hard Rock Bet Casino finished with $20.2 million in February revenue, a solid showing for the shortest month of the year. However, Hard Rock did give away the fourth spot in Michigan to BetRivers Casino this month. BetRivers edged Hard Rock with $20.7 million.
  • Fanatics Casino more than doubled its revenue compared to a year ago, once again. It jumped from $8.2 million to $17.1 million. That was good for the sixth spot in the state, finishing $1.5 million ahead of Caesars Palace.
  • February is typically the lowest revenue month of the year for iGaming in Michigan. But, to also express how much growth the industry continues to see. The $273.1 million it did last month would have been the third-largest monthly total in 2025.
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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