The market share for April is as follows:
MGM Grand Detroit Casino 48%
Motor City Casino 31%
Greektown Casino Hotel 21%
Table games and slots revenue and taxes
In April, table game and slot revenue increased 8.8% compared to April 2021 results. Monthly revenue for April was down 3.4% compared to March revenue. Through April 30, Casino's table game and slot revenue was up 10.4% compared to the first four months of 2021. In early 2021, all three operated with reduced capacity due to COVID-19 related health issues.
Casino's monthly gaming revenue results were mixed compared to April 2021:
MGM Up 31.4% To $56.76M 카지노사이트
Motor City, down 8.8% to $36.42 million
Grigetown, Inc. GL down 2.6% to $23.68 million
Three Detroit casinos paid $9.5 million in taxes to Michigan in April, compared with $8.7 million in the same month last year.
Casinos reported in April that they had submitted $13.9 million in out-of-pocket taxes and development agreements to the city of Detroit.
Retail Sports Betting Earnings and Taxes
The three Detroit casinos had total retail sports betting handling of $24,785,686 with total revenue of $1.9 million.
Retail Sports Betting Qualification Adjusted Total Receipts (QAGR) increased 21.3% in April from a year earlier. QAGR in April decreased 3% compared to March results.
April QAGR by Casino:
MGM Grand Detroit Casino $405,385
Motor City Casino, $552,841
Greektown Casino Hotel $912,513
In April, casinos reported paying $70,714 in taxes to the state and filing $86,428 in taxes to the city of Detroit based on retail sports betting income.
a fantasy contest
In March, fantasy contest operators reported total adjusted earnings of $984,560 with a tax of $82,703.
In the first quarter, fantasy contest operators reported a total adjusted fantasy contest revenue of $3.8 million and a tax payment of $315,013.