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Michigan Gaming Control Board

Contact: [email protected]

For Immediate Release:

Detroit casinos report $107.2 million monthly revenue in July

Detroit, Aug. 9, 2022 ? The three Detroit casinos reported $107.2 million in monthly aggregate revenue during July. Table games and slots produced $105.9 million in revenue, and retail sports betting generated $1.3 million.

Monthly market shares were:

  • MGM, 48%
  • MotorCity, 33%
  • Hollywood Casino at Greektown, 19%

Table Games and Slot Revenue and Taxes

The casinos? table games and slots revenue fell 8.4% compared with July 2021 results. Monthly revenue rose 7.9% compared with June numbers. Through July 31, table games and slots revenue increased 3% compared with results for the first seven months of last year.

Monthly gaming revenue results declined year over year for all three casinos:

  • MGM, down 4.7% to $51.2 million
  • MotorCity, down 9.6% to $34.8 million
  • Hollywood Casino at Greektown, down 15% to $19.9 million

The three Detroit casinos paid $8.6 million in wagering taxes to the State of Michigan during July compared with $9.4 million for the same month last year.

During July, the three Detroit casinos reported submitting $12.6 million in wagering taxes and development agreement payments to the City of Detroit.

Retail Sports Betting Revenue and Taxes

Retail sports betting qualified adjusted gross receipts (QAGR) rose 3.8% to $1.3 million during July compared with July 2021 results. QAGR was up by $809,532 from June results of $448,703. The Detroit casinos reported total retail sports betting handle of $18,860,759 and total gross receipts of $1.3 million.?

July QAGR totals by casino were:

  • MGM, $807,710
  • MotorCity, $238,320
  • Greektown, $212,205

The state received $47,561 in retail sports betting taxes from the three Detroit casinos. The casinos also reported submitting $58,130 in retail sports betting wagering taxes and development agreement payments to the city during July.

Year-to-date retail sports betting QAGR through July by casino was:

  • MGM, $2.3 million
  • MotorCity, $2.4 million
  • Hollywood Casino at Greektown, $4.3 million

Fantasy Contests

Fantasy contest operators reported total adjusted revenues of $1 million during June and paid taxes of $84,062.

For the first six months of 2022, fantasy contest operators reported $7.4 million in adjusted revenues and paid $622,691 in taxes.

"The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the?citizens of the State of Michigan."

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Michigan Gaming Control Board ? 3062 West Grand Boulevard, Suite L-700 ? Detroit, MI 48202-6062 ? (313) 456-4100 ?