Michigan online sportsbooks increase adjusted revenue 52.7% in July
By SectorWire desk ·
Summary
Michigan's online sportsbooks generated $30.8m in adjusted revenue in July, increasing 52.7% from June. Wagers declined 3% to $355.2m. The report noted that MGCB figures do not identify individual sports' contributions, preventing measurement of the World Cup's effect.
Why it matters
Operators recorded higher adjusted revenue despite declining wagers, while unavailable sport-level figures prevent measurement of the World Cup’s contribution.