Detroit's three casinos reported $79,1 million in aggregate monthly revenue (AGR) for the month of November 2023, of which $76 million was generated from table games and slots and $3,1 million from retail sports betting.
November market shares were:
- MGM, 39%
- MotorCity, 34%
- Hollywood Casino in Greektown, 27%
Table game and slots revenue decreased 23,9% compared to November 2022 results. November monthly revenue was 7% lower than October 2023. From January 1 to November 30, gaming revenue Table and slot games at Detroit casinos were down 3,2% compared to the same period last year.
- MGM, down 34,4% to $30,6 million
- MotorCity, down 17,8% to $24,7 million
- Hollywood Casino in Greektown, down 10,8% to $20,7 million
During the month of November, Detroit's three casinos paid $6,2 million in gaming taxes to the state of Michigan. They paid $8,1 million for the same month last year.
The casinos reported submitting $9,4 million in wagering taxes and development agreement payments to the city of Detroit in November.
Detroit's three casinos recorded a total of $15,3 million in sports betting retail and total gross revenue was $3,1 million for the month of November.
Retail sports betting qualified adjusted gross revenue (QAGR) increased $1,2 million compared to November 2022. November QAGR increased $2,0 million compared to October 2023.
November QAGR from casinos was:
- MGM: $230,847
- MotorCity: $2,2 million
- Hollywood Casino in Greektown: $657,535
During the month of November, casinos paid $116.769 in gaming taxes to the state and reported submitting $142.718 in betting taxes to the city of Detroit based on retail sports betting revenue.
For the month of October, fantasy contest operators reported total adjusted revenue of $2,7 million and paid taxes of $229.544.
From January 1 through October 31, fantasy contest operators reported $19,5 million in adjusted aggregate fantasy contest revenue and paid $1,6 million in taxes.
