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Detroit casino revenue remains level at $107.2m in July


Detroit’s three commercial casinos posted $107.2m in revenue for the month of July, level with last year and slightly up month-on-month.

July’s total was on par with the $107.2m in the same month last year. The figure was 6.5% higher than $101.5m in June this year.

Of this amount, $106.7m came from slots and table games, up by 0.7% year-on-year. Sports betting generated $485,763 in qualified adjusted gross receipts, (QAGR), a drop of 62.0%, while handle reached $8.0m.

MGM remained the leader in the Michigan city with 47% market share. Casino revenue at MGM reached $50.0m and betting QAGR $121,017.

MotorCity placed second on 29%, posting $31.4m in casino revenue but a negative betting QAGR of $40,723.

Hollywood Casino at Greektown rounded off the sector with 24% market share. The venue reported $25.3m in casino revenue and betting QAGR of $397,249.

The casinos paid $19,590 in gaming taxes to the state and submit $23,944 in wagering taxes to the City of Detroit, based on retail sports betting revenue.