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00:02 >> But what's not what's been really established here is who the king of
00:07 the heap in Michigan is here as the money continues to roll in.
00:12 But it appears DraftKings is the king of Michigan here,
00:17 at least as of recently, what are you hearing?
00:19 >> Yeah, so this is kind of a trend that we've been watching this summer and
00:24 a lot of people will kind of attribute it to being the slow season.
00:27 So FanDuel has pulled back a lot of promos.
00:30 And that has given DraftKings an opportunity to kind of rise in the handle
00:35 race, and they've surpassed FanDuel in several states or
00:38 at least caught up quite a bit.
00:40 And it's gonna be really fun to watch this fall when it comes to football season,
00:44 which is of course when the customer acquisition time goes up.
00:47 And if FanDuel rolls out their promos and charges right ahead again, or
00:52 if DraftKings has caught up and will kind of keep pace or even surpass even more.
00:58 So that's gonna be something to certainly watch.
01:00 The other thing to keep in mind here on this Michigan revenue report specifically
01:05 is their gross revenue numbers are going up, but the handle's going down.
01:10 So that's an indication that that's another state that is reaching kind of
01:13 sports betting maturity, which that's just kind of an interesting fact.
01:18 So yeah, anyway, Michigan, DraftKings, FanDuel,
01:22 all gonna be fun to watch in the coming football season.
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