The Great Lake State should have mobile betting operating within the next month. Bettors can finally get their bets in from the couch. However, Michigan sports betting is on the verge of going live. The Michigan Gaming Control Board is waiting for approval. It is while the rules and regulations go through its final review process before the official launch.
Multiple sportsbooks are chomping at the bit to launch in Michigan. Sportsbooks like DraftKings, FanDuel, and BetMGM are already operating physical sportsbooks in the state. But know its biggest drive will be with online betting.
Furthermore, the state’s commercial casinos also lost millions when they were forced to close from March 16 through August 5 before re-opening at 15% capacity. Launching online wagering could provide an immediate boost for casinos, with the coronavirus pandemic closing Michigan casinos where locals can play online casino games and sportsbooks again in 2020. Betting operators cannot wait for the state to launch mobile wagering.
Michigan Sports Betting Anticipation
Michigan has the 10th largest population in the U.S., with seven cities having over 100,000 residents. The Great Lake State also has four professional sports teams. It is where all in Detroit and seven Division I universities across Michigan are always having sports news coverage.
Projections have the Michigan sports betting industry around $4 billion to $6 billion once online betting is available and the market matures. The sportsbook with the anticipation that we are looking to launch in the state, with 26 tribal casinos and three commercial casinos.
According to sources of online casino Korea, Michigan will have various sportsbooks entering the state. It is from the large brands like DraftKings and FanDuel, down to local in-state sportsbooks at smaller casinos. With mobile sports betting close to launch, it is an excellent time to look at who could be the biggest winners when finally, Michigan goes live online.
