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Michigan online sports betting revenue climbs 88.2%

Michigan online sports betting revenue climbs 88.2%

Michigan’s online sportsbooks reported $24.89 million in adjusted gross receipts for September 2026, an 88.2% increase from a year earlier. The figures released on 22 October showed a sharp annual recovery alongside a substantial monthly increase in wagering.

Adjusted receipts rose more modestly from August, gaining 2.9%.

Sportsbook revenue reflects both betting activity and the results of settled wagers. A winning selection on vippari produces a return based on the stake and accepted odds. Across Michigan’s online market, September’s gross receipts reached $55.5 million before reporting adjustments.

The annual rise followed a weaker September

The comparison starts with a month when betting volume and revenue moved in opposite directions. In September 2025, online wagering increased 54.7% from August, but adjusted sports betting receipts fell 61.3%. The annual comparison was also weaker, with adjusted receipts down 52% from September 2024.

This year’s 88.2% rise therefore comes against a low base. The amount wagered increased by approximately 3.9% year over year, while gross receipts rose about 27.3%, calculated from the rounded monthly figures. More money was staked, and a larger proportion of that turnover became gross revenue.

Online sports betting measure September 2025 August 2026 September 2026

Amount wagered $524.3m $330.5m $544.8m

Gross receipts $43.6m $34.6m $55.5m

Adjusted gross receipts $13.2m $24.2m $24.89m

In brief

Michigan’s online sportsbooks reported $24.89 million in adjusted gross receipts for September 2026, an 88.2% increase from a year earlier. Across Michigan’s online market, September’s gross receipts reached $55.5 million before reporting adjustments. In September 2025, online wagering increased 54.7% from August, but adjusted sports betting receipts fell 61.3%. Online sports betting measure September 2025 August 2026 September 2026 Amount wagered $524.3m $330.5m $544.8m Gross receipts $43.6m $34.6m $55.5m Adjusted gross receipts $13.2m $24.2m $24.89m

This is the opening of the story, shared with credit to Nairobi Wire. The rest of the report — with every detail — continues on the publisher’s website.

Continue reading at Nairobi Wire ↗

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