Detroit casinos report $107.2 million monthly revenue in July

The three Detroit casinos reported $107.2 million in monthly aggregate revenue during July. Table games and slots produced $105.9 million and retail sports betting generated $1.3 million.

Table games and slots revenue fell 8.4% compared with July 2021 results. Monthly revenue rose 7.9% from June. Table games revenue increased 3% through July 31 compared to the first seven months of last year.

MGM, MotorCity and Hollywood Casino at Greektown reported monthly gaming revenue results down year over year. The three casinos paid $8.6 million in wagering taxes to the State of Michigan during July compared with $9.4 million for the same month last year and $12.5 million to Detroit.

Detroit casinos report $107.2 million monthly revenue in July. MGM, down 4.7% to $51.3 million, MotorCity, 9.6% down to $34.8 million and Hollywood Casino at Greektown, 15% lower to $19.9 million.

Detroit casinos report $107.2 million monthly revenue in July. Retail sports betting gross receipts rose 3.8% to $1.3 million.

Detroit casinos report $107.2 million monthly revenue in July. The state received $47,561 in retail sports betting taxes from the three Detroit casinos.

Detroit casinos report $107.2 million monthly revenue in July. Year-to-date retail sports betting QAGR through July by casino was $2.3 million.

Detroit casinos report $107.2 million monthly revenue in July. Fantasy contest operators reported total adjusted revenues of $1 million during June and paid taxes of $84,062. For the first six months of 2022, fantasy contest operator reported $7.4 million in adjusted revenue and $622,691 in taxes.