Coinbase Agrees to End Michigan Sports Event Contracts by Oct. 10
The state will forgo enforcement while Sixth Circuit litigation over prediction-market regulation continues.
The state will forgo enforcement while Sixth Circuit litigation over prediction-market regulation continues.
The reported 8% increase came as iGaming remained the market’s main source of gross receipts and sports betting trailed July.
Online casino adjusted revenue rose from a year earlier, while sportsbook receipts fell 29.3% and total online gross receipts declined from July.
iGaming remained the main driver, while online sports betting posted a sharp rebound in taxable receipts
Henry Williams called a CFTC proposal “meritless” as Michigan’s exit from the problem-gambling council fed a fight over who sets the rules.
June handle fell 20% from May, while iGaming accounted for most of the state’s $341.3 million in combined receipts.
Michigan approved the rollout, letting players in Michigan, New Jersey and Pennsylvania sit in the same online pool.
May 2026 handle rose 18.5% year over year, while adjusted gross receipts fell 34.6% as the win rate slipped to 5.1%.
With Michigan looking to join to the Multi-State Internet Gaming Agreement (MSIGA), we take a closer look at the new responsible gaming requirements that all operators wishing to deal real money poker across state lines must meet.
TwinSpires was one of the smallest operators in both verticals. Parent company Churchill Downs Incorporated to sell market access rights, creating “interesting” opportunities for other operators.
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