Detroit casinos report $108 million in November aggregate revenue
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The three Detroit casinos reported $108.19 million in monthly aggregate revenue in November 2021. Table games and slots generated $103.86 million, and retail sports betting produced $4.33 million.
Table games and slots revenue during November was 116.1% higher than November 2020 revenue. In 2020, the casinos were closed due to pandemic-related health concerns for several full and partial months.
Table games and slots gaming revenue rose 93.1% year-to-date through Nov. 30 compared with the same period in 2020. November 2021 revenue was 6.8% lower than October 2021. The three Detroit casinos paid $8.4 million in gaming taxes to the State of Michigan compared to $3.9 million paid in November 2020, and $13.0 million to Detroit in wagering taxes and development agreement payments.
November's retail sports betting qualified adjusted gross receipts were 85.2% higher than November 2020 results.
November QAGR by casino totaled $1,031,457. MotorCity, $ 1,472,396 and Greektown, $824,846. State of Michigan received $163,625 in retail sports betting taxes from the three Detroit casinos.
MGM, MotorCity and Greektown casinos report $108 million in November aggregate revenue.
Fantasy contest operators reported total adjusted revenues of $1,758,255 and paid taxes of $147,693 during October. Through 31 October, fantasy contest operator reported 2021 aggregate fantasy contests adjusted revenue of £13.9 million and £1.2 million in taxes. Detroit casinos report $108 million aggregate revenue in November.
