Detroit casinos report US$ 107.2 million in revenue for July
Wednesday 10 de August 2022 / 08:56
⏱ 1 min read
(Detroit).- Detroit's three casinos collectively reported $107.2 million in monthly revenue in July, according to numbers released Tuesday by the Michigan Gaming Control Board. Table games and slots generated $105.9 million in revenue, while retail sports betting generated $1.3 million. Online gambling revenues are reported separately by the state.
MGM Grand Detroit led with 48% market share, followed by MotorCity Casino Hotel with 33% and Hollywood Casino at Greektown with 19%.
The venues' revenue from table games and slots dropped 8.4% year-over-year, but rose 7.9% over June. Through the first seven months of the year, table games and slots revenue was up 3% over the same period last year, according to the MGCB.
MGM's table games and slots revenue was down 4.7% year-over-year to $51.2 million. MotorCity's was down 9.6% to $34.8 million. And Hollywood Casino at Greektown saw revenue fall 15% year-over-year to $19.9 million.
The casinos paid $8.6 million in wagering taxes to the state for the month, down from $9.4 million in July 2021. They submitted $12.6 million in wagering taxes and development agreement payments to the city.
On the retail sports betting side of the business, qualified adjusted gross receipts were up 3.8% year-over-year to $1.3 million. Results were up by $809,532 from June. The Detroit casinos reported a total retail sports betting handle of nearly $18.9 million.
The casinos paid $47,561 in taxes tied to retail sports betting to the state. They submitted $58,130 in retail sports betting wagering taxes and development agreement payments to the city for the month. Meanwhile, the gaming control board on Tuesday voted unanimously to approve a one-year renewal of the three casinos' licenses, according to a news release.
By Jordyn Grzelewski
Categoría:Casino
Tags: Sin tags
País: United States
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
