{"id":777029822,"date":"2024-01-10T08:03:55","date_gmt":"2024-01-10T11:03:55","guid":{"rendered":"https:\/\/focusgn.com\/?p=777029822"},"modified":"2024-01-10T08:03:57","modified_gmt":"2024-01-10T11:03:57","slug":"detroit-casinos-report-116-2m-in-december-revenue","status":"publish","type":"post","link":"https:\/\/focusgn.com\/detroit-casinos-report-116-2m-in-december-revenue","title":{"rendered":"Detroit casinos report $116.2m in December revenue"},"content":{"rendered":"\n

Table games and slots generated $111.4m and retail sports betting $4.8m.<\/p>\n\n\n\n\n\n\n\n

US.- Detroit\u2019s three casinos generated $166.2m in monthly revenue for December, according to the Michigan Gaming Control Board<\/a>. Table games and slots generated $111.4m and retail sports betting $4.8m.<\/p>\n\n\n\n

Table games and slot revenue increased by 46.6 per cent when compared to the previous month and by 2.9 per cent compared to December 2022. MGM Grand Detroit Casino<\/a> accounted for 44 per cent of the market share, MotorCity Casino<\/strong> 32 per cent and Hollywood Casino at Greektown<\/strong> 24 per cent. From January 1 through December 31, the Detroit casinos\u2019 table games and slots revenue decreased by 2.7 per cent compared to the same period last year.<\/p>\n\n\n\n

MGM reported a 0.7 per cent decrease year-on-year<\/strong> with $50.6m in gaming revenue. MotorCity\u2019s revenue increased 5.1 per cent to $34.7m and Hollywood Casino at Greektown\u2019s revenue increased 7.7 per cent to $26.1m.<\/p>\n\n\n\n

In December 2023, the three Detroit casinos paid $9m in gaming taxes to the State of Michigan. They paid $8.8m for the same month last year. The casinos also reported submitting $13.8m in wagering taxes and development agreement payments to the City of Detroit in December.<\/p>\n\n\n\n

The three Detroit casinos reported $30.4m in retail sports bets<\/strong>. Total gross receipts were $4.8m. Retail sports betting qualified adjusted gross receipts (QAGR) in December 2023 were up by $3.1m when compared to December 2022. Compared to November 2023, December QAGR increased by 54.9 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"

Table games and slots generated $111.4m and retail sports betting $4.8m.<\/p>\n","protected":false},"author":226,"featured_media":118707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"footnotes":""},"categories":[14,6],"tags":[58991,689],"_links":{"self":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts\/777029822"}],"collection":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/comments?post=777029822"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts\/777029822\/revisions"}],"predecessor-version":[{"id":777029895,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts\/777029822\/revisions\/777029895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/media\/118707"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/media?parent=777029822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/categories?post=777029822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/tags?post=777029822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}