DraftKings Nears 20% of Record Michigan Online Casino Market

Pixabay The Michigan online casino market pushed higher than $100 million for the second month in a row in October, with a record $109.7 million total revenue . The biggest piece of that was captured by BetMGM Casino , while DraftKings Casino MI put in a solid showing for second place.

October was another record month in the Michigan online casino market, which includes revenue from online poker as the regulator does not break it out into distinct numbers.

Gross receipts for October in Michigan capped $100 million for the second month in a row and hit a record of nearly $110 million in total . DraftKings Casino offers legal online gambling to residents of Pennsylvania, New Jersey, Michigan , and West Virginia! Big no deposit offer Get $50 in free credits after registering

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CHOOSE YOUR STATE: Michigan » New Jersey » Pennsylvania » West Virginia » While BetMGM Casino owns the biggest share of that market with Oct revenue of about $41.4 million, DraftKings is perhaps putting on a more interesting revenue show from second place. With just under $20 million in total for October, DraftKings is still half the size of the leader, but its $19.6 million revenue pushed it to a clear lead against rival FanDuel Michigan for second place in the market.

After spending most of the year in a close battle for second with FanDuel, October was the first month in the history of the market that saw DraftKings take over a clear second place. While both operators battling for second managed to increase their revenue in October, DraftKings’ increase was around twice the boost of FanDuel’s . DraktKings Makes a Push to Second while BetMGM Increases in #1

Market leader BetMGM MI has been on a slow upward pace in revenue for the past few months in Michigan , with a nearly straight trend line from $39.7 million in August to $41.4 million in October. With nearly 38% […]

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