The three commercial casinos in Detroit, Michigan had total revenues of $ 98.6 million in June (£ 83.4 million / € 98.2 million), down 8.8% from the same month last year.
Revenues from MGM Grand Detroit, Motor City Casino and Penn National’s Hollywood Casino in Greektown fell from $ 108.1 million in June 2021 to 9.3% from $ 108.7 million in May this year. Did.
MGM maintains a 49% share of Michigan City, with MotorCity at 34% and Greektown at 17%.
Looking at the breakdown of monthly performance, table games and slots accounted for $ 98.2 million in total revenue for the month, which was 7.2% lower than last June.
MGM led the market with revenue of $ 48.3 million, up 4.3% year-on-year. However, MotorCity’s revenue was down 9.8% to $ 33.5 million, while Greektown’s revenue was down 26.6% to $ 16.4 million.
The three casinos paid $ 8 million in game tax and paid $ 11.7 million worth of gambling tax and development contracts to the city of Detroit.
Looking at retail sports betting and Qualified Gross Income (QAGR), it’s down 80.5% from $ 2.3 million in June 2021, with players betting a total of $ 22.4 million to reach $ 448,703.
Greektown’s Hollywood Casino topped the sector with QAGR at $ 305,023, with MotorCity at $ 165,931 and MGM at $ 22,251.
The casino paid the state a game tax of $ 17,802 in June and a gambling tax and development contract payment of $ 21,758 to the city of Detroit.
