Gaming

Casinos report $108.35M in November revenue in Detroit

Wednesday 11 de December 2024 / 12:00

⏱ 2 min read

(Detroit).- The three Detroit casinos reported $108.35 million in monthly aggregate revenue (AGR) for the month of November 2024. Table games and slots generated $106.44 million and retail sports betting generated $1.91 million.

Casinos report $108.35M in November revenue in Detroit

The November market shares were:

MGM, 46%
MotorCity, 31%
Hollywood Casino at Greektown, 23%

Monthly Table Games, Slot Revenue, and Taxes
The casinos’ revenue for table games and slots for the month of November 2024 increased 40.1% when compared to the same month last year. This remarked increase is due in part to when casino employees went on strike¾which began in October 2023 and lasted through most of the month of November 2023¾ causing AGR totals to be lower than normal. November’s monthly revenue was 2.7% higher when compared to the previous month, October 2024. From Jan. 1 through Nov. 30, the Detroit casinos’ table games and slots revenue increased by 5.6% compared to the same period last year.

The casinos’ monthly gaming revenue results all increased compared to November 2023:

MGM, up 60.6% to $49.21 million
MotorCity, up 34.0% to $33.06 million
Hollywood Casino at Greektown, up 16.8% to $24.17 million

In November 2024, the three Detroit casinos paid $8.6 million in gaming taxes to the State of Michigan. They paid $6.2 million for the same month last year. The casinos also reported submitting $13.2 million in wagering taxes and development agreement payments to the City of Detroit in November.

Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $20.99 million in total retail sports betting handle, and total gross receipts totaled $1.9 million for the month of November. Retail sports betting qualified adjusted gross receipts (QAGR) were down by $1.2 million in November when compared to November 2023, and up by $2.7 million when compared to October 2024.

November QAGR by casino was:

MGM: $457,409
MotorCity: $571,059
Hollywood Casino at Greektown: $886,249

During November, the casinos paid $72,376 in gaming taxes to the state and reported submitting $88,460 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests
For October 2024, fantasy contest operators reported total adjusted revenues of $991,881 and paid taxes of $83,318.

Categoría:Gaming

Tags: Sin tags

País: United States

Región: North America

Event

BiS SiGMA South America 2026

06 de April 2026

Viviana David Discusses IGT PlayDigital's LATAM Growth Strategy

(São Paulo, SoloAzar Exclusive).- At BiS SiGMA South America, Viviana David, Head of Commercial LATAM at IGT PlayDigital, shared insights on the company’s vision for Brazil and the wider Latin American market. In this interview, she discusses the opportunities driving IGT’s participation, the business connections forged, and how innovative digital solutions are shaping the future of iGaming across the region.

Monday 18 May 2026 / 12:00

Fast Track Showcases AI-Powered CRM Innovation at BIS Sigma South America 2026

(São Paulo, SoloAzar Exclusive).- At the recent BIS Sigma Edition, Fast Track highlighted how its AI-driven CRM solutions are reshaping operator strategies in Brazil’s newly regulated iGaming market. Muriel Le Senechal, Regional Commercial Manager for LatAm, shared insights on the industry’s shift from acquisition to retention, emphasizing the role of automation, personalization, and real-time engagement in driving sustainable growth.

Tuesday 12 May 2026 / 12:00

Pay4Fun’s Leonardo Baptista on BiS SiGMA South America 2026: Regulation, Market Maturity and Brazil’s Expanding Opportunities

(São Paulo, SoloAzar Exclusive).-In this interview at BiS SiGMA South America 2026, Leonardo Baptista, CEO and co-founder of Pay4Fun, shares insights on the event’s strategic importance for the Latin American gaming industry. He highlights the growing maturity of regulatory discussions, the increasing focus on compliance and sustainability, and the expanding opportunities in Brazil—one of the most promising regulated markets globally.

Thursday 07 May 2026 / 12:00