Noticias de ultima
  • 12.00 Potential impact of increased tax and regulation on UK betting and gaming market, HIghlights New Report
  • 12.00 New York's Four Licensed Casinos Generate $176 Million in Local Gaming Taxes, Report Finds
  • 12.00 Philippine Gaming Revenue Remains Stable in Q3 2025 Amid Online Gaming Reforms
  • 12.00 IGT’s Wheel of Fortune and Powerbucks Slots Award Over $3 Million in Jackpots This October
  • 12.00 WorldMatch and Solverde.pt Sign A Game-Changing Partnership in Portugal’s Online Casino Scene
  • 12.00 Galaxsys Hosts Exclusive Media Briefing to Unveil Chicken Crashand 2026 Strategic Roadmap
  • 12.00 NBA on the ropes: Over 30 arrested for illegal betting and fraudulent poker involving the mafia
  • 12.00 Gambling in the Czech Republic: A Quietly Regulated Market explains by Altenar
  • 12.00 Fortune 3 Card Poker rules updated in Macau
  • 12.00 RTG Slots Partners with Timeless Tech to Power Next-Generation iGaming Innovation
Reports

Detroit casinos report $94.4M in January revenue

Thursday 15 de February 2024 / 12:00

2 minutos de lectura

(Detroit).- The three Detroit casinos reported $94.4 million in monthly aggregate revenue (AGR) for the month of January 2024, of which $93.9 million was generated from table games and slots, and $500,221 from retail sports betting.

Detroit casinos report $94.4M in January revenue

The January market shares were:

  • MGM, 48%
  • MotorCity, 30%
  • Hollywood Casino at Greektown, 22%

Monthly Table Games, Slot Revenue, and Taxes
January 2024 table games and slot revenue decreased 9.1% when compared to January 2023 revenue. January’s monthly revenue was also 15.7% lower than December 2023. From Jan. 1 through Jan. 31, the Detroit casinos’ table games and slots revenue decreased by 9.1% compared to the same period last year.

The casinos’ monthly gaming revenue results were all lower compared to January 2023:

  • MGM, down 11.3% to $44.6 million
  • MotorCity, down by 10.4% to $27.1 million
  • Hollywood Casino at Greektown, down by 2.9% to $22.2 million

In January 2024, the three Detroit casinos paid $7.6 million in gaming taxes to the State of Michigan. They paid $8.4 million for the same month last year. The casinos also reported submitting $11.2 million in wagering taxes and development agreement payments to the City of Detroit in January.

Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $24.2 million in total retail sports betting handle, and total gross receipts were $520,988 for the month of January. Retail sports betting qualified adjusted gross receipts (QAGR) in January were up by $389,197 when compared to the same month last year. Compared to December 2023, January QAGR was down by $4.3 million.

January QAGR by casino was:

  • MGM: $403,926
  • MotorCity: $1.1 million
  • Hollywood Casino at Greektown: negative ($1.0 million)

During January, the casinos paid $58,073 in gaming taxes to the state, compared to $4,197 for the same period last year, and reported submitting $70,978 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests
For December 2023, fantasy contest operators reported total adjusted revenues of $484,140 and paid taxes of $40,668.

From Jan. 1 through Dec. 31, 2023, fantasy contest operators reported $21.8 million in aggregate fantasy contest adjusted revenues and paid $1.8 million in taxes.

Categoría:Reports

Tags: Sin tags

País: United States

Región: North America

Event

SiGMA Central Europe

03 de November 2025

SiGMA Central Europe 2025 Closes First Edition with High Attendance and Roman-Inspired Experiences

(Rome, Exclusive SoloAzar) - The first edition of SiGMA Central Europe in Rome came to a close, leaving a strong impression on the iGaming industry. With thousands of attendees, six pavilions brimming with innovation, and an atmosphere that paid homage to Roman history, the event combined spectacle, networking, and business opportunities. It also yielded key lessons for future editions.

Friday 07 Nov 2025 / 12:00

Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe

(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.

Thursday 06 Nov 2025 / 12:00

SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year

(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.

Wednesday 05 Nov 2025 / 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.

PODCAST