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Michigan sportsbooks made the most of a June calendar with only the NBA Finals and baseball on the docket
Michigan sportsbooks generated $309.9 million in handle and $45.3 million in revenue. Both are all-time highs for June.
As expected, sports betting activity dropped off from May, but handle was up 8.7% year-over-year and revenue outpaced June 2024 by a staggering 42.5%, according to the monthly report from the Michigan Gaming Control Board.
June sports betting by the numbers
- Handle: $309.9 million ($302.7 million online)
- Revenue: $45.3 million ($44.6 million online)
- Hold: 14.6%
- Month-over-month: Total handle decreased 21.6%
- Sports betting taxes: $2.4 million to state and local taxes
- Top online sports betting app by handle: FanDuel with $105.6 million
- Top online sports betting app by revenue: FanDuel with $18.7 million
Operators post second-highest hold rate of 2025
Michigan sports bettors did not fare well in June, as operators enjoyed a 14.6% hold percentage, the second highest percentage of the year behind just January (14.9%).
To no surprise, FanDuel Sportsbook MI led in each and every category. It posted an impressive hold rate of 17.7%.
Operators have posted the following hold rates in 2025:
- January: 14.9%
- February: 12.1
- March: 6.9%
- April: 10.1%
- May: 13.0%
- June: 14.6%
It has certainly been a banner year for Michigan sportsbooks in 2025. Operators are hoping for the same when football season kicks off in September.
ESPN BET is back to 5% market share
All eyes have been on ESPN BET ever since Penn Entertainment severed ties with Barstool. They made a 10-year agreement but have an opt-out clause after three years, which is in 2026.
ESPN BET dipped below 5% market share in May but rebounded in June to finish at nearly 5.2%. The operator has been consistent, and even almost reached 6% in March:
- January: 5.6%
- February: 5.3%
- March: 5.9%
- April: 5.7%
- May: 4.9%
- June: 5.2%
Penn and ESPN are certainly shooting for market share that is closer to 10% during football season. The 4th quarter of 2025 could be make-or-break for the partnership.
Fanatics delivers strong month
Fanatics Sportsbook finished as the fourth operator, in terms of handle, in June. The operator produced $26.2 million in handle and nearly $4 million in revenue.
Fanatics turned in the second-best hold rate of operators last month at 15.1%, just behind FanDuel.
The operator has certainly become formidable in Michigan. Both its online casino and sports betting products are ascending in the Great Lakes State.
Michigan sports betting handle for June 2025 by operator
| Licensee | Online Brand | Handle | Revenue | Hold | Taxes |
|---|---|---|---|---|---|
| MotorCity | FanDuel | $105,615,919 | $18,702,328 | 17.70% | $1,371,671 |
| Bay Mills | DraftKings | $94,961,230 | $13,065,526 | 13.80% | $813,838 |
| MGM Grand Detroit | BetMGM | $42,825,909 | $5,641,004 | 13.20% | $23,133 |
| Lac Vieux Desert Band of Lake Superior Chippewa | Fanatics | $26,240,924 | $3,952,891 | 15.10% | $33,633 |
| Greektown | ESPN Bet | $15,984,571 | $1,612,820 | 10.10% | $12,429 |
| Grand Traverse Band of Ottawa and Chippewa | Caesars | $13,714,680 | $1,139,316 | 8.30% | $77,937 |
| Little River Band of Ottawa | BetRivers | $6,530,063 | $776,298 | 11.90% | $50,925 |
| Match-E-Be-Nash-She-Wish Band of Pottawatomi | betParx | $1,458,867 | $153,303 | 10.50% | $3,130 |
| Sagniaw Chippewa | Eagle | $1,250,231 | $204,447 | 16.40% | $15,228 |
| Nottawaseppi Huron Band of Potawatomi | FireKeepers | $629,385 | ($31,915) | -5.10% | $0 |
| Pokagon Band of Potawatomi | Four Winds | $529,378 | $50,885 | 9.60% | $0 |
| Hannahville | SI | $181,335 | $23,059 | 12.70% | $0 |
| Total | $309,922,492 | $45,289,962 | 14.60% | $2,401,924 |
