{"id":276,"date":"2024-06-28T14:07:13","date_gmt":"2024-06-28T11:07:13","guid":{"rendered":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/detroit-casinos-see-revenue-surge-in-march\/"},"modified":"2024-06-28T14:07:13","modified_gmt":"2024-06-28T11:07:13","slug":"detroit-casinos-see-revenue-surge-in-march","status":"publish","type":"post","link":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/detroit-casinos-see-revenue-surge-in-march\/","title":{"rendered":"Detroit Casinos See Revenue Surge in March"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/yrT-o5CokOs\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>The gambling houses in Detroit, Michigan, saw their earnings climb by 8.0% in March compared to the same time last year, reaching $122.9 million (\u00a394.6 million\/\u20ac113.5 million).<\/p>\n<p>The Michigan Gaming Control Board (MGCB) stated that the rise was primarily due to gambling establishments operating at reduced capacity in March of the previous year due to the state\u2019s coronavirus (Covid-19) restrictions.<\/p>\n<p>However, it was also noted that the March 2022 figures were higher than the $94.7 million recorded in February of this year, an increase of 29.8% month-to-month.<\/p>\n<p>MGM Grand Detroit led the way with a 46% market share, followed by MotorCity Casino at 33% and then Penn National\u2019s Greektown Casino Hotel at 21%.<\/p>\n<p>Breaking down the monthly performance, table games and slots generated $120.9 million of all revenue in the month, up 9.1% year-on-year and 26.5% compared to February of this year.<\/p>\n<p>MGM\u2019s table games and slots revenue reached $55.9 million, while MotorCity reached $39.3 million and Greektown reached $25.7 million.<\/p>\n<p>The three gambling houses paid $9.8 million in gaming taxes to the state of Michigan in the month, as well as $14.4 million in wagering taxes and payments related to development agreements with the city of Detroit.<\/p>\n<p>Turning to sports betting and the total Qualified Adjusted Gross Receipts (QAGR) for March came in at $1 million, down 65.0% from March 2021, but up from 31. <\/p>\n<p>During the month of February, the rate of increase was three percent.<\/p>\n<p>MotorCity emerged as the frontrunner in the realm of sports wagering, boasting an average annual growth of $718,442, outpacing Greektown\u2019s $664,550 and followed by MGM\u2019s $545,336.<\/p>\n<p>The gambling establishments collectively processed a total of $26.4 million in wagers, generating $2 million in earnings, with $72,891 remitted to the state in levies and $89,089 to the city of Detroit in retail sports betting taxes.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gambling houses in Detroit, Michigan, saw their earnings climb by 8.0% in March compared to the same time last year, reaching $122.9 million (\u00a394.6 million\/\u20ac113.5 million). The Michigan Gaming Control Board (MGCB) stated that the rise was primarily due to gambling establishments operating at reduced capacity in March of the previous year due to [&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 Rake in Record March Revenue<\/title>\n<meta name=\"description\" content=\"Michigan\" 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:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/detroit-casinos-see-revenue-surge-in-march\/\" 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 Revenue Surge in March\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Michigan\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/detroit-casinos-see-revenue-surge-in-march\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Dreams Become Reality | Secure &amp; Licensed Games\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T11:07:13+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:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/detroit-casinos-see-revenue-surge-in-march\/\",\"url\":\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/detroit-casinos-see-revenue-surge-in-march\/\",\"name\":\"Detroit Casinos Rake in Record March Revenue\",\"isPartOf\":{\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-28T11:07:13+00:00\",\"dateModified\":\"2024-06-28T11:07:13+00:00\",\"author\":{\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Michigan\",\"breadcrumb\":{\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/detroit-casinos-see-revenue-surge-in-march\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/detroit-casinos-see-revenue-surge-in-march\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/detroit-casinos-see-revenue-surge-in-march\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/clubplayernodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Detroit Casinos See Revenue Surge in March\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/clubplayernodepositbonuscodes.icu\/\",\"name\":\"Where Casino Dreams Become Reality | Secure &amp; Licensed Games\",\"description\":\"Unlock the secrets of casino success through our fresh news, honest game reviews, and informative insights. 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