Licensed through the Lac Vieux Desert Band of Lake Superior Chippewa Indians, Fanatics Sportsbook will be entering one of the most mature markets in the United States as the Wolverine State has 14 post-PASPA era.
PointsBet has totaled $394.8 million all-time handle in the Wolverine State through January and posted a solid 8.5% hold to collect $33.8 million in gross Pennsylvania and West Virginia as the third state to offer both mobile sports betting and internet casino gaming.
As part of its entrance into Michigan, Fanatics Sportsbook is running a promotion in which new bettors can receive up to $1,000 in bonus bets. Fanatics Sportsbook will match however much bettors place for their first bet of the day up to $100 for 10 consecutive days with no promo code necessary. Regardless of the outcome of the wager, bettors will still receive the bonus bets
Michigan will be the 13th state where Fanatics Sportsbook will be available, and it will continue to transition its sports betting platforms in other states were PointsBet is currently conducting wagering. In addition to Pennsylvania and Iowa, it is in West Virginia.
Fanatics Sportsbook also will conduct wagering in North Carolina, which is scheduled to launch sports betting next month.
