Sports betting

FanDuel leads in Michigan as state records $115m in January betting handle

Flutter-powered brand seized 28% market share in first 10 days since launch

Michigan’s 11 online betting operators recorded $115.2m in handle during the market’s first 10 days of action to break Morgan Stanley’s initial prediction of less than $100m. Betting revenue came in at $13.3m, while igaming revenue reached $29.4m between 22 January and 31 January. Operators contributed $4.4m in taxes to the state. According to data…

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