motor city casino detroit boxing october 26

December revenue for table games and slots was up 8.4% compared with $99.9 million reported in November.ĭecember revenue fell 0.8% to $51 million for MGM compared with December 2021 results. Table games and slots generated $108.3 million in revenue while retail sports betting produced $1.6 million in revenue.ĭecember 2022 table games and slots revenue declined 2.8% from revenue produced in December 2021. The three casinos reported $109.9 million in monthly aggregate revenue in December compared with $112.5 million recorded in December 2021. They reported submitting $869,107 in retail sports betting taxes to the City of Detroit compared with $1.2 million paid in 2021.

The three Detroit casinos in 2022 paid $711,087 in taxes for retail sports betting to the State of Michigan compared with $1 million in 2021. Qualified adjusted gross receipts (QAGR) are gross sports betting receipts minus the monetary value of free play incentives provided to and wagered by bettors. Hollywood Casino at Greektown, $7.05 million.The three casinos reported aggregate retail sports betting qualified adjusted gross receipts of $18.81 million, down 30.2% from the $26.95 million reported in 2021.

The three Detroit casinos reported making $155.6 million in wagering taxes and development agreement payments on slots and table games revenue to the City of Detroit during 2022 compared with $160.8 million paid in 2021. Hollywood Casino at Greektown reported a 5.1% decline in revenue to $260.5 million.ĭuring 2022, the three Detroit casinos paid $101.8 million in wagering taxes on slots and table games revenue to the State of Michigan compared with $102.6 million in 2021. MotorCity Casino's revenue fell 9.5% to $396.5 million.

MGM Grand Detroit's revenue rose 8.3% to $600 million. Year-over-year gaming revenue for slots and table games declined a fractional 0.8% to $1.26 billion. Table Games and Slot Revenue and Taxes - 2022 Slots generated 77% of revenue at $983.7 million, table games provided 21% of revenue at $273.3 million and retail sports betting added 2% of revenue at $18.8 million.īy comparison, the casinos produced $1.294 billion in aggregate revenue in 2021.

Detroit, JanuThe three Detroit casinos reported $1.276 billion yearly revenue in 2022.

Motor city casino detroit boxing october 26