The summer slump is starting to make its appearance in betting states across the country and Michigan is no exception. The Detroit Tigers are the only major team to watch in May and it showed.
The Michigan Gaming Control Board announced that the state’s legal sports betting handle and revenue fell for a second straight month.
In May, the Great Lakes State accepted $305.2 million in bets last month, a nearly 10% decline and year-over-year data painted a worse picture. May 2023 was 14.2% worse than May 2022, which reported a $356 million handle. And an unfortunate trend is developing since April’s year-over-year numbers showed a nearly identical 14.6% drop off.
