{"id":257,"date":"2024-06-27T04:20:13","date_gmt":"2024-06-27T01:20:13","guid":{"rendered":"https:\/\/godofgambling.icu\/2024\/06\/27\/detroit-casinos-see-slight-revenue-dip-in-august\/"},"modified":"2024-06-27T04:20:13","modified_gmt":"2024-06-27T01:20:13","slug":"detroit-casinos-see-slight-revenue-dip-in-august","status":"publish","type":"post","link":"https:\/\/godofgambling.icu\/2024\/06\/27\/detroit-casinos-see-slight-revenue-dip-in-august\/","title":{"rendered":"Detroit Casinos See Slight Revenue Dip in August"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/dPr3nEZBBAc\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The gambling halls in Detroit saw a dip in earnings for August, reaching $104.9 million, a 1.1% decrease compared to the same month last year.<\/p>\n<p>The three commercial gambling establishments in Detroit, Michigan, brought in $104.9 million (\u00a384.3 million\/\u20ac97.7 million) in August, a 1.1% decline from August 2022. The city also saw a decrease in revenue compared to the previous month.<\/p>\n<p>The total revenue for August was lower than the $106.1 million reported in August 2022. The monthly total was also 2.2% lower than the $107.2 million reported by Detroit in July.<\/p>\n<p>Specifically, $104.6 million came from table games and slot machines, a slight increase of 0.1% from the previous year. Sports betting qualified adjusted gross receipts (QAGR) reached $322,186 on $10 million in bets.<\/p>\n<p>MGM remains the leader in Detroit with a 47% market share. The casino reported $49.5 million in slots and table game revenue and $85,644 in sports betting QAGR.<\/p>\n<p>MotorCity came in second with a 30% market share. Slots and table game revenue reached $30.7 million, with a betting QAGR of $195,955.<\/p>\n<p>Greektown Casino-Hotel took third place in the Detroit market with a 23% market share. The casino reported $24.4 million in casino revenue and a sports betting QAGR of $40,587.<\/p>\n<p>The casinos paid $8.5 million in casino game-related taxes to the state and $16.5 million in wagering and development agreement payments to the city of Detroit.<\/p>\n<p>The state also collected $12,179 in sports betting taxes, while the city of Detroit collected $14,885.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gambling halls in Detroit saw a dip in earnings for August, reaching $104.9 million, a 1.1% decrease compared to the same month last year. The three commercial gambling establishments in Detroit, Michigan, brought in $104.9 million (\u00a384.3 million\/\u20ac97.7 million) in August, a 1.1% decline from August 2022. The city also saw a decrease in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Detroit Casinos See Slight Dip in August Earnings<\/title>\n<meta name=\"description\" content=\"Detroit\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/godofgambling.icu\/2024\/06\/27\/detroit-casinos-see-slight-revenue-dip-in-august\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Detroit Casinos See Slight Revenue Dip in August\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Detroit\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/godofgambling.icu\/2024\/06\/27\/detroit-casinos-see-slight-revenue-dip-in-august\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Embark on a Thrilling Casino Adventure | Licensed &amp; Trusted\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T01:20:13+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/godofgambling.icu\/2024\/06\/27\/detroit-casinos-see-slight-revenue-dip-in-august\/\",\"url\":\"https:\/\/godofgambling.icu\/2024\/06\/27\/detroit-casinos-see-slight-revenue-dip-in-august\/\",\"name\":\"Detroit Casinos See Slight Dip in August Earnings\",\"isPartOf\":{\"@id\":\"https:\/\/godofgambling.icu\/#website\"},\"datePublished\":\"2024-06-27T01:20:13+00:00\",\"dateModified\":\"2024-06-27T01:20:13+00:00\",\"author\":{\"@id\":\"https:\/\/godofgambling.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Detroit\",\"breadcrumb\":{\"@id\":\"https:\/\/godofgambling.icu\/2024\/06\/27\/detroit-casinos-see-slight-revenue-dip-in-august\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/godofgambling.icu\/2024\/06\/27\/detroit-casinos-see-slight-revenue-dip-in-august\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/godofgambling.icu\/2024\/06\/27\/detroit-casinos-see-slight-revenue-dip-in-august\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/godofgambling.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Detroit Casinos See Slight Revenue Dip in August\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/godofgambling.icu\/#website\",\"url\":\"https:\/\/godofgambling.icu\/\",\"name\":\"Embark on a Thrilling Casino Adventure | Licensed &amp; Trusted\",\"description\":\"Unlock the secrets of casino success with our comprehensive news, in-depth game reviews, and informative articles. 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