Michigan online gambling revenue hits record $3.8 billion in 2025

Summary

Michigan’s regulated online gambling market posted a record US$3.8 billion in gross receipts for 2025, up 29.5% year‑on‑year, according to figures published by the Michigan Gaming Control Board.

Key breakdowns: gross iCasino receipts rose 26.5% to US$3.1 billion while gross online sports betting receipts climbed 45.8% to US$671.3 million. Adjusted market revenue (after promotional spend) increased 39.5% to US$3.3 billion: adjusted iCasino revenue was US$2.1 billion (+32%) and adjusted sports betting revenue surged 124.2% to US$435.9 million.

Full‑year betting handle reached US$5.41 billion (+1.9%). Hold for the market stood at 12.4% on gross receipts and 8.05% on adjusted revenue. Operators contributed US$624.6 million in taxes and payments to the state, while tribal fees totalled US$71.9 million.

December 2025 set monthly records too: total gross receipts were US$399.8 million (51.3% up year‑on‑year), with iCasino gross receipts at US$315.8 million and sports betting at US$84 million. Adjusted monthly receipts were US$357.9 million and betting handle was US$512.9 million.

The regulator also published Detroit commercial casino figures: annual revenue for the three venues was about US$1.3 billion (slightly down). Slots topped US$1 billion, table games US$247.8 million and retail sports betting US$14.2 million. MGM Grand Detroit led the market with roughly 48% share.

Key Points

Total Michigan online gross receipts reached US$3.8 billion in 2025, a 29.5% increase versus 2024.
Gross iCasino revenue: US$3.1 billion (+26.5%); gross online sports betting: US$671.3 million (+45.8%).
Adjusted market revenue rose 39.5% to US$3.3 billion; adjusted sports betting revenue jumped 124.2%.
Annual betting handle was US$5.41 billion (up 1.9%); market hold was 12.4% (gross) and 8.05% (adjusted).
Operators paid US$624.6 million in taxes/payments in 2025; tribal payments totalled US$71.9 million.
December 2025 set monthly records: US$399.8 million gross receipts, driven by record iCasino results.
Detroit commercial casinos generated about US$1.3 billion for the year; MGM Grand Detroit remains the market leader.

Why should I read this?

Short version: Michigan’s online market exploded in 2025. If you follow US iGaming, payments, regulation or operator strategy, this story tells you where the money went, who won and how taxes and hold evolved. It’s quick, punchy and saves you digging through the full MGCB report unless you want the granular tables.