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Reports

Casinos: Detroit reported $104,8M in January revenue

Wednesday 12 de February 2025 / 12:00

2 minutos de lectura

(Detroit).- The three Detroit casinos reported $104.8 million in monthly aggregate revenue (AGR) for the month of January 2025.  Table games and slots generated $102.3 million in revenue and retail sports betting generated $2.5 million.

Casinos: Detroit reported $104,8M in January revenue

In the Detroit city The January market shares were:

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

Monthly Table Games, Slot Revenue, and Taxes
The three Detroit casinos’ revenue for table games and slots for the month of January 2025 increased 8.9% when compared to the same month last year. January’s monthly revenue was 6.4% lower when compared to the previous month, December 2024. From Jan. 1 through Jan. 31, the Detroit casinos’ table games and slots revenue increased by 8.9% compared to the same period last year.

The casinos’ monthly gaming revenue results were mixed compared to January 2024:

  • MGM, up 12.1% to $49.9 million
  • MotorCity, up 12.8% to $30.6 million
  • Hollywood Casino at Greektown, down 2.0% to $21.8 million

In January 2025, the three Detroit casinos paid $8.3 million in state gaming taxes. They paid $7.6 million for the same month last year. The casinos also reported submitting $12.2 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 $19.38 million in total retail sports betting handle, and total gross receipts totaled $2.5 million for the month of January. Retail sports betting qualified adjusted gross receipts (QAGR) were up by $2.0 million in January when compared to January 2024, and up by $2.2 million when compared to December 2024.

January QAGR by casino was:

  • MGM: $458,198
  • MotorCity: $1.2 million
  • Hollywood Casino at Greektown: $871,455

During January, the casinos paid $95,373 in gaming taxes to the state and reported submitting $116,567 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests
For December 2024, fantasy contest operators reported total adjusted revenues of $1.1 million and paid taxes of $89,010.

From Jan. 1 through Dec. 31, 2024, fantasy contest operators reported $9.6 million in aggregate fantasy contest adjusted revenues and paid $802,597 in taxes.

Categoría:Reports

Tags: Sin tags

País: United States

Región: North America

Event

Peru Gaming Show 2025

18 de June 2025

Facephi presented its digital identity verification solutions for the online gaming sector in Peru at PGS 2025

(Lima, SoloAzar Exclusive).- Facephi is consolidating its position as a strategic partner for responsible online gaming in Peru, presenting advanced identity verification, fraud prevention, and regulatory compliance solutions at PGS 2025, adapted to an increasingly digital and demanding ecosystem. In this interview, Bruno Rafael Rivadeneyra Sánchez, the firm's Identity Solutions Senior Manager, explores how its technology is redefining gaming security standards, with a preventative, seamless, and 100% regional approach.

Friday 18 Jul 2025 / 12:00

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(Lima, SoloAzar Exclusive).- In a revealing interview, Galy Olazo, Country Manager of Win Systems in Peru, analyzes the company's strategic role in one of the most thriving markets in the region. Its participation in the PGS 2025 trade show not only left its mark with its technological advances, such as the new Gold Club Colors electronic roulette wheels and the WIGOS management system, but also reaffirmed its commitment to the transformation of the sector and its consolidation in Latin America.

Tuesday 15 Jul 2025 / 12:00

Key debate during PGS 2025: Enforcement: Process to ensure compliance (laws, norms, rules)

(Lima, SoloAzar Exclusive).- During the 2025 edition of the Peru Gaming Show, the conference ‘Enforcement: Process to ensure compliance (laws, norms, rules)’ took place, with an international panel of professionals who debated about the current challenges to combat illegal gaming and guarantee the application of the laws in the sector, both in Peru and in the Latam region.

Monday 14 Jul 2025 / 12:00

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