Game Types Bonuses Slots More
Online Casinos Poker Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Live Dealers
Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions Edit Preferences Search
Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW!

Related Links

Detroit casinos report $116.9 million monthly aggregate revenue in July

10 Aug 2021

(PRESS RELEASE) -- The three Detroit casinos reported $116.9 million in monthly aggregate revenue for July. Table games and slots generated $115.7 million in revenue while retail sports betting generated $1.2 million.

July revenue was 9.3% higher than June results. The three Detroit casinos were closed during July 2020 due to COVID-19 restrictions. In July 2019, the casinos reported $119 million in monthly aggregate revenue.

During July, MGM Grand Detroit Casino recorded $53.8 million in revenue. MotorCity Casino's July revenue was $38.5 million. Greektown Casino Hotel reported $23.4 million in July revenue.

The July market shares were:
  • MGM, 46%
  • MotorCity, 34%
  • Greektown, 20%
The three Detroit casinos paid $9.4 million in gaming taxes to the State of Michigan during July.

The three Detroit casinos reported submitting $13.8 million in wagering taxes and development agreement payments to the City of Detroit during July.

Retail Sports Betting Revenue and Taxes

The casinos reported total gross sports betting receipts of $1,211,857, and total handle was $18,272,783.

Retail sports betting qualified adjusted gross receipts for July 31 were $1,211,832. Results by casino were:
  • MGM, $136,948
  • MotorCity, $637,681
  • Greektown, $437,203
The three Detroit casinos paid $45,807 in state taxes on retail sports betting during July. The three Detroit casinos also reported submitting $55,987 in retail sports betting taxes to the City of Detroit.

Fantasy Contests

For the month of June, fantasy contest operators reported total adjusted revenues of $1,312,438 and paid taxes of $110,245.

Fantasy contest operators reported aggregate fantasy contest adjusted revenues of $8.3 million and paid $697,183 year-to-date through June 30.
About Us | Advertising | Publications | Land Casinos