{"id":7525,"date":"2024-07-11T06:20:33","date_gmt":"2024-07-11T06:20:33","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/07\/11\/detroit-casinos-report-mixed-results-for-june-2024\/"},"modified":"2024-07-11T06:20:33","modified_gmt":"2024-07-11T06:20:33","slug":"detroit-casinos-report-mixed-results-for-june-2024","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/07\/11\/detroit-casinos-report-mixed-results-for-june-2024\/","title":{"rendered":"Detroit Casinos Report Mixed Results for June 2024"},"content":{"rendered":"<div>\n<p>The three casinos in Detroit have disclosed their June performance data, which is a mixed bag according to the Michigan Gaming Control Board. The three casinos in Detroit together recorded $105.4 million in revenue in June. Nearly $104.5 million, or the majority of the revenue, came from slot machines and table games. The remaining $900,000 was contributed via retail sports betting.<\/p>\n<p>There was a little 2.6% rise in revenue from table games and slots compared to the previous year. On the other hand, June revenue decreased 6.1% from May and April as well. With 46% of the market share in June, MGM maintained its top spot. Hollywood Casino at Greektown and MotorCity came in second and third, respectively, with 24% and 30%.<\/p>\n<h2><strong>Individual Casino Performance<\/strong><\/h2>\n<p>MotorCity Casino was the only establishment to experience a decrease in monthly gaming revenue, totaling nearly $31.2 million and reflecting a 3.1% decline. In contrast, MGM reported a 3.6% increase in revenue, reaching $48.7 million for the month. Hollywood Casino at Greektown saw a notable 9% month-over-month increase, with revenue totaling almost $24.4 million.<\/p>\n<p>In terms of taxes, Detroit\u2019s casinos contributed $8.5 million in gaming taxes to the state and an additional $12.4 million in wagering taxes and development agreement payments to the city.<\/p>\n<p>June\u2019s retail sports betting activities across the three casinos generated a total handle of nearly $8.4 million, with gross receipts amounting to $900,000. Qualified adjusted gross receipts (QAGR) showed a significant decrease of over 52% compared to the previous month. MotorCity led in sports betting activity with a QAGR close to $500,000.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow noopener\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/detroit-casinos-report-mixed-results-for-june-2024\/\">Detroit Casinos Report Mixed Results for June 2024<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The three casinos in Detroit have disclosed their June performance data, which is a mixed bag according to the Michigan Gaming Control Board. The three casinos in Detroit together recorded $105.4 million in revenue in June. Nearly $104.5 million, or the majority of the revenue, came from slot machines and table games. The remaining $900,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-7525","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=7525"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7525\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=7525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=7525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=7525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}