Casinos in Detroit Report Total Monthly Revenue for January of $103.5 Million

Arsenii Anderson
casinos in detroit report total monthly revenue for january of 103 5 million

In January, the three casinos in Detroit recorded monthly total revenue of $103.5 million. Slots and table games brought in $103.4 million, while retail sportsbooks brought in $111,023 million, as reported by the Michigan Gaming Control Board (MGCB) in a recent press release.

In January, market shares were:

Compared to January 2022 numbers, monthly income from slots and table games increased by 4.4%. As compared to December’s figures, revenue fell by 4.5%.

As compared to January 2022, monthly revenue from gaming at MGM increased by 3.2% to $50.2 million and at Motor City Casino by 1.3% to $30.3 million. In comparison to January 2022 figures, Hollywood Casino at Greektown recorded $22.9 million in monthly revenue, an increase of 11.9%.

Compared to $8 million for the same month last year, the three casinos in Detroit reported paying gaming taxes of $8.4 million to the State of Michigan in January.

The three casinos in Detroit reported paying the City of Detroit $16.3 million in development agreement payments and wagering taxes in January.

As compared to January 2022 figures, retail sports betting’s qualified adjusted gross revenues (QAGR) decreased by $1.8 million, or 94.3%, with total gross receipt of $149,379. QAGR decreased by 93.2%, or $1.5 million, less than December’s figures.

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