{"id":258,"date":"2021-05-19T17:32:24","date_gmt":"2021-05-19T14:32:24","guid":{"rendered":"https:\/\/xxbet-company.com\/wolverines-basketball-a-slam-dunk-for-michigan-march-sports-betting-handle\/"},"modified":"2021-05-19T17:32:24","modified_gmt":"2021-05-19T14:32:24","slug":"wolverines-basketball-a-slam-dunk-for-michigan-march-sports-betting-handle","status":"publish","type":"post","link":"https:\/\/xxbet-company.com\/nb\/wolverines-basketball-a-slam-dunk-for-michigan-march-sports-betting-handle\/","title":{"rendered":"Wolverines Basketball a Slam Dunk for Michigan March Sports Betting Handle"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-flat ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Innholdsfortegnelse<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/xxbet-company.com\/nb\/wolverines-basketball-a-slam-dunk-for-michigan-march-sports-betting-handle\/#Unprecedented_Launch\" title=\"Unprecedented Launch\">Unprecedented Launch<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/xxbet-company.com\/nb\/wolverines-basketball-a-slam-dunk-for-michigan-march-sports-betting-handle\/#Michigan_Tops_Pre-Pandemic_Market\" title=\"Michigan Tops Pre-Pandemic Market\">Michigan Tops Pre-Pandemic Market<\/a><\/li><\/ul><\/nav><\/div>\n<p>March 2021 was the first time sports bettors in Michigan could legally place a bet online on their beloved NCAA men\u2019s basketball programs during the March Madness tournament. And the Wolverines\u2019 run to the Elite Eight is being credited for a strong monthly online sports betting performance.<\/p>\n<figure aria-describedby=\"caption-attachment-171215\" data-style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"size-full wp-image-171215 lazyload\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2-142x97.jpg?x38396\" data-src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2-142x97.jpg?x38396\" alt=\"Michigan sports betting online casino gambling\" width=\"1200\" height=\"823\" data-srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2.jpg 1200w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2-142x97.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2-1024x702.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2-768x527.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data- title=\"\"><img loading=\"lazy\" class=\"size-full wp-image-171215\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2.jpg?x38396\" alt=\"Michigan sports betting online casino gambling\" width=\"1200\" height=\"823\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2.jpg 1200w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2-142x97.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2-1024x702.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/232569-full-2-768x527.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" title=\"\"><figcaption class=\"text-description\">Many Michigan sports fans were disappointed last month when the Michigan Wolverines were ousted in the Elite Eight by the UCLA Bruins (pictured). But online sportsbook operators certainly weren\u2019t disappointed by the sheer volume of bets they handled in March. (Image: Getty)<\/figcaption><\/figure>\n<p>The Michigan Gaming Control Board (MGCB) today unveiled statistics for online sports betting and interactive casino gambling for March.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Internet oddsmakers accepted more than $359.4 million in bets, a 19.1 percent increase from February. Richard Kalm, the executive director of the MGCB, said March Madness was behind the surge.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<div class=\"callout\">\n<p>Oddsmakers kept $32.3 million of the online bets. When combined with sports bets placed in person, total handle for March was $383.7 million. That is up 17.8 percent on February\u2019s haul of $325.6 million.<\/p>\n<\/div>\n<p>Michigan\u2019s March handle ranks third among the states that have released last month\u2019s betting figures. New Jersey currently leads the way at $860 million, and Pennsylvania is second at $560 million.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Since launching retail sports betting in March of 2020, oddsmakers in Michigan have handled almost $1 billion in wagers.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Unprecedented_Launch\"><\/span><b>Unprecedented Launch<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Just two full months into online sports betting, Michigan\u2019s sports-obsessed population has shown much eagerness to place legal wagers from their computers and smartphones. It has resulted in the state becoming one of the most robust sports betting markets in the country.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>\u201cWith nearly $1 billion in lifetime bets, it\u2019s hard to understate just how unprecedented Michigan\u2019s gaming expansion has been so far,\u201d said Dustin Gouker, an analyst for PlayMichigan.com.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>It\u2019s not only sports betting. <a href=\"https:\/\/www.casino.org\/news\/big-igaming-revenue-mobile-sportsbook-handle-totals-for-mich-in-feb\/\" rel=\"nofollow noopener\" target=\"_blank\">Online casinos<\/a>, which commenced in January of this year and are partnered with both commercial casinos in Detroit, as well as with tribal casinos, reported gross gaming revenue (GGR) last month of $95.1 million. That\u2019s up 19.2 percent from February.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<blockquote class=\"main-blockquote\">\n<p><strong>The growth in online casino gaming has been off the charts. No other state has enjoyed a launch of online casino gaming and sports betting quite like this,<\/strong>\u201d Gouker added.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<\/blockquote>\n<p>Gouker said Michigan\u2019s iGaming market was quicker to prosper than other markets \u2014 one example he cited being Pennsylvania \u2014 because of online casinos in Michigan debuting with a more robust catalog of games. Michigan has also benefited from launching its iGaming products amid an ongoing pandemic, a time when some feel safer at home than a busy casino floor.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Michigan_Tops_Pre-Pandemic_Market\"><\/span><b>Michigan Tops Pre-Pandemic Market<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Detroit\u2019s three commercial casinos \u2014 MGM Grand Detroit, MotorCity, and Greektown \u2014 are winning more money from gamblers than they did prior to the onset of COVID-19.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<div class=\"callout\">\n<p>The three casinos reported brick-and-mortar March <a href=\"https:\/\/www.casino.org\/news\/detroit-casinos-fare-better-in-march-gaming-revenue-nearly-114m\/\" rel=\"nofollow noopener\" target=\"_blank\">GGR of nearly $114 million<\/a>. Their revenue from mobile sports betting totaled $21.1 million, and they won another $53.5 million from their online casinos.<\/p>\n<\/div>\n<p>All combined, March GGR for the Detroit casinos from land-based slots and table games, in-person and mobile sports betting, and online gambling totaled $188.7 million.<\/p>\n<p>In March of 2019, the three commercial casinos reported a GGR of $140.3 million.<\/p>\n<p>The post <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\/wolverines-basketball-a-slam-dunk-for-michigan-march-sports-betting\/\" target=\"_blank\">Wolverines Basketball a Slam Dunk for Michigan March Sports Betting Handle<\/a> appeared first on <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\" target=\"_blank\">Casino.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>March 2021 was the first time sports bettors in Michigan could legally place a bet online on their beloved NCAA men\u2019s basketball programs during the March Madness tournament. And the Wolverines\u2019 run to the Elite Eight is being credited for a strong monthly online sports betting performance. Many Michigan sports fans were disappointed last month <a href=\"https:\/\/xxbet-company.com\/nb\/wolverines-basketball-a-slam-dunk-for-michigan-march-sports-betting-handle\/\" class=\"more-link\">&#8230;<\/a><\/p>","protected":false},"author":1,"featured_media":259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/posts\/258"}],"collection":[{"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/comments?post=258"}],"version-history":[{"count":0,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/posts\/258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/media\/259"}],"wp:attachment":[{"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/media?parent=258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/categories?post=258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xxbet-company.com\/nb\/wp-json\/wp\/v2\/tags?post=258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}