Detroit casinos report $105.44M in June revenue
Wednesday 10 de July 2024 / 12:00
⏱ 2 min read
(Detroit).- The three Detroit casinos reported $105.44 million in monthly aggregate revenue (AGR) for the month of June 2024, of which $104.55 million was generated from table games and slots, and $889,014 from retail sports betting.
The June market shares were:
- MGM, 46%
- MotorCity, 30%
- Hollywood Casino at Greektown, 24%
Monthly Table Games, Slot Revenue, and Taxes
The casinos’ revenue for table games and slots for the month of June 2024 increased 2.6% when compared to the same month last year. June's monthly revenue was 6.1% lower when compared to the previous month, May 2024. From Jan. 1 through June 30, the Detroit casinos’ table games and slots revenue increased by 0.4% compared to the same period last year.
The casinos’ monthly gaming revenue results were mixed compared to June of last year:
- MGM, up 3.6% to $48.71 million
- MotorCity, down 3.1% to $31.47 million
- Hollywood Casino at Greektown, up 9.0% to $24.37 million
In June 2024, the three Detroit casinos paid $8.5 million in gaming taxes to the State of Michigan. They paid $8.3 million for the same month last year. The casinos also reported submitting $12.4 million in wagering taxes and development agreement payments to the City of Detroit in June.
Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $8.4 million in total retail sports betting handle, and total gross receipts were $894,867 for the month of June. Retail sports betting qualified adjusted gross receipts (QAGR) were down by 52.2% in June when compared to the previous month, May 2024.
June QAGR by casino was:
- MGM: $154,265
- MotorCity: $460,693
- Hollywood Casino at Greektown: $274,056
During June, the casinos paid $33,605 in gaming taxes to the state and reported submitting $41,072 in wagering taxes to the City of Detroit based on their retail sports betting revenue.
Fantasy Contests
For May 2024, fantasy contest operators reported total adjusted revenues of $806,636 and paid taxes of $67,757.
Categoría:Gaming
Tags: Sin tags
País: United States
Región: North America
Event
SBC Summit Americas 2026
09 de June 2026
Habanero reflects on the key takeaways from SBC Summit Americas
(Fort Lauderdale, Florida).- Milda Mikelioniene, Habanero’s Business Development Executive reflects on the key takeaways from SBC Summit Americas, explains why Peru is emerging as one of the region’s most promising markets, and outlines how the supplier’s long-standing presence in Latin America continues to shape its growth strategy.
Wednesday 17 Jun 2026 / 12:00
Konami Highlights Key iGaming Innovations at SBC Summit Americas 2026
(Fort Lauderdale, SoloAzar Exclusive).- In Q&A with SoloAzar, Eduardo Aching, VP, iGaming & International Gaming Operations, Konami Gaming, talked about its participation at SBC Summit Americas 2026, where the firm showcased its expanding online slot portfolio and emphasized new partnerships with iGaming operators, while spotlighting AI innovation and upcoming global launches.
Wednesday 17 Jun 2026 / 12:00
SBC Summit Americas 2026: Celebration Meets the World’s Biggest Stage
(Fort Lauderdale, SoloAzar Exclusive).- The Broward County Convention Center was buzzing this week as the SBC Summit Americas 2026 unfolded across 22,000 square meters of expo space. With six conference stages, a food festival, and more than 300 exhibitors, the summit, which ended yesterday, delivered a vibrant showcase of innovation and collaboration. The energy was palpable—until the world’s attention shifted to another global spectacle: the opening match of the FIFA World Cup.
Friday 12 Jun 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
