Detroit casinos report $98.6 million monthly revenue in June and steady quarterly revenue
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Detroit casinos reported $98.6 million monthly aggregate revenue during June. Table games and slots generated $ 98.2 million in revenue, and retail sports betting produced $448,703 in June, according to the report.
Detroit casinos report $98.6 million monthly revenue in June. Monthly market shares were:GM, 49%, MotorCity, 34%, Hollywood Casino at Greektown, 17%.
June monthly revenue fell 7.2% compared with June 2021 results and 7,6% down from May. Table games and slots revenues are up 5. 2% for the first half of the year compared to the same period last year.
Detroit casinos report $98.6 million monthly revenue in June. MGM was up 4.3% to $48.34 million, MotorCity was down 9.8% and Hollywood Casino at Greektown was 26.5% down to $16.35 million. The casinos paid $8 million in taxes to the state of Michigan during June compared with $ 8.7 million for the same period last year.
Detroit casinos report $98.6 million monthly revenue in June. MGM was up by 4.3% to $48.34 million, MotorCity was down 9.8% and Hollywood Casino at Greektown was 26.5% down to $16.35 million.
Detroit casinos report $98.6 million monthly revenue in June. Second quarter aggregate revenue rose a fractional 0.04% for the three Detroit casinos. Gaming revenue by casino was up 14.3% at MGM and up 9.5% in MotorCity. Hollywood Casino at Greektown had revenue down 12.1%. The casinos paid $26.03 million in second quarter gaming taxes compared with $25.02 million paid to the state of Michigan last year.
June's retail sports betting gross receipts were $448,703, down 80.5% from $2.3 million in May. Detroit casinos reported total retail betting handle of $22,378,536 and gross revenues of $462,215.
June QAGR totals by casino were: MGM -$22,251, MotorCity - $165,931, and Hollywood Casino at Greektown - $305,023. The state received $17,802 in retail sports betting taxes from the three Detroit casinos.
Detroit casinos report $98.6 million monthly revenue in June. Year-to-date retail sports betting QAGR through June by casino was $1.5 million.
Detroit casinos report $98.6 million monthly revenue in June. Fantasy contest operators reported total adjusted revenues of $1.3 million during May and paid taxes of $112,964. Through May 31, fantasy contest operator reported $6.4 million in adjusted revenue and $538,629 in taxes.
