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00:00You can.
00:01All right, well, let's focus on now and we'll start off with a report that you can read
00:07over at LegalSportsReport.com on the state of Michigan and one of those states that seems
00:13to be thriving in the world of sports betting regardless of the sport, regardless of the
00:16time of the year, positive numbers coming in from them.
00:19Yeah, Michigan's been a bit of an interesting market that I've been following somewhat closely
00:25over the last handful of months.
00:27And what we've seen, Craig, is this continuing to have those year over year gains each and
00:33every month.
00:34And August marked 12 consecutive months of those annual increases in handle just shy
00:41of two hundred and ninety million dollars bet in August, which was up from a little
00:46less than two hundred and thirty million in August 2023.
00:51FanDuel, DraftKings still really dominating that market, more so FanDuel leaders in handle
01:00and revenue pretty much on a consistent monthly basis in Michigan.
01:05But one thing that did stick out to me from that August report in Michigan was Caesars
01:10and they had six and a half percent of market handle in August, and that's one of their
01:17highest market shares of handle since the beginning of the year.
01:22And they've been slowly creeping up and up and up in that that market share with the
01:29betting volume for Caesars in Michigan, which which I found quite interesting as we kind
01:34of look at the the entire landscape of the the sports betting industry in the U.S. and
01:40we'll touch on New Jersey here in the next couple of minutes.
01:43But pretty much widespread gains in August year over year for for just about every market
01:51that we've seen Michigan, like I said, no different.
01:56And that Caesars figure really stuck out to me as they have really increased that that
02:02market share of handle over the last handful of months.
02:04Now, of course, as we get into the September, October, November numbers, which which will
02:09be coming out here in the next couple of weeks and months with the the bulk of NFL
02:14betting taking place, we'll see what sort of staying power Caesars has.
02:19We'll see if Fandle Draftkings really cement themselves as as the leaders of the market
02:27like they are and see what they do throughout football season.
02:31But at least through the summer, pretty positive signs for Caesars in Michigan.
02:35Craig.