Detroit casinos report $116.9 million monthly aggregate revenue in July
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Detroit casinos reported $116.9 million monthly aggregate revenue in July. Table games and slots generated $115.7 million in revenue, while retail sports betting generated $1.2 million. The three Detroit casinos were closed during July 2020 due to COVID-19 restrictions.
The three Detroit casinos reported $116.9 million in monthly aggregate revenue for July. Table games and slots generated $115.7 million, while retail sports betting generated $1.2 million. The three casinos were closed during July 2020 due to COVID-19 restrictions. In July 2019, the casinos will report $119 million monthly revenue.
Detroit casinos report $116.9 million monthly aggregate revenue in July. The July market shares were:GM, MotorCity, 34% and Greektown, 20%. The casinos paid $9.4 million in gaming taxes to the State of Michigan and $13.8 million to Detroit City of Detroit.
The casinos reported total gross sports betting receipts of $1,211,857 and total handle was $18,272,783.
Retail sports betting qualified adjusted gross receipts for July 31 were $1,211,832. Results by casino were: MGM, MotorCity, and Greektown. The three Detroit casinos paid $45,807 in state taxes on retail sports bets during July.
Fantasy contest operators reported total adjusted revenues of $1.312,438 for the month of June and paid taxes of $110,245. Year-to-date fantasy contest adjusted revenue is $8.3 million and they paid $697,183.
