{"id":250,"date":"2024-06-27T04:24:15","date_gmt":"2024-06-27T01:24:15","guid":{"rendered":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/"},"modified":"2024-06-27T04:24:15","modified_gmt":"2024-06-27T01:24:15","slug":"detroit-casinos-see-revenue-rise-despite-sports-betting-decline","status":"publish","type":"post","link":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/","title":{"rendered":"Detroit Casinos See Revenue Rise Despite Sports Betting Decline"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/0_H33-w4CkI\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The three commercial gambling houses in Detroit saw a 12.5 percent year-on-year rise in income in October, despite a notable decrease in contributions from retail sports wagering.<\/p>\n<p>The three Detroit commercial casinos, MGM Grand Detroit, MotorCity Casino, and Penn National&#8217;s Greektown Casino Hotel, produced a total of $114.1 million in earnings.<\/p>\n<p>This was a 3.6 percent increase from September 2021 and a 12.5 percent increase from October 2020, when the establishments were operating at 15 percent capacity after reopening from COVID-19 closures.<\/p>\n<p>The majority of the properties&#8217; income came from slot machines and table games, totaling $111.5 million, up 18.9 percent from the previous year and 4.2 percent from the previous month.<\/p>\n<p>MGM Grand reported the largest income increase, with its monthly earnings rising 39.4 percent to $52.7 million compared to October 2020.<\/p>\n<p>While MotorCity remained ahead of Greektown, its slots and table game revenue only increased slightly, by 1.8 percent to $36.9 million, while Greektown reported a 10.8 percent increase to $21.9 million.<\/p>\n<p>The three establishments paid $9 million in gambling taxes, compared to $7 million in October 2020. <\/p>\n<p>Over the last twelve months, Michigan has generated $6 million in income. Conversely, during the same period, the city of Detroit brought in $13.8 million in gambling taxes and development agreement payments.<\/p>\n<p>Although casino gambling performed well, retail sports betting income decreased considerably. Total adjusted gross receipts declined by 65.2% to $2.6 million, despite the fact that retail betting was the only legal form of sports betting in October 2020, with online betting becoming available in January 2021.<\/p>\n<p>In a similar vein, MGM Grand dominated the market with $1.4 million in revenue, outperforming MotorCity&#8217;s $671,009 and Greektown&#8217;s $588,847. Gamblers placed $34.2 million in wagers on sports betting at the three casinos.<\/p>\n<p>This resulted in the state collecting $99,977 in taxes, along with an additional $122,194 paid to Detroit.<\/p>\n<p>This indicates that as of October 31, MotorCity led the market in revenue at $7.4 million. MGM Grand trailed closely behind at $7.1 million, and Greektown at $7 million.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The three commercial gambling houses in Detroit saw a 12.5 percent year-on-year rise in income in October, despite a notable decrease in contributions from retail sports wagering. The three Detroit&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 Shine Despite Sports Betting Dip<\/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:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/\" 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 Rise Despite Sports Betting Decline\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Detroit\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Lovers Unite | Licensed, Secure &amp; Exciting Games\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T01:24:15+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=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/\",\"url\":\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/\",\"name\":\"Detroit Casinos Shine Despite Sports Betting Dip\",\"isPartOf\":{\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T01:24:15+00:00\",\"dateModified\":\"2024-06-27T01:24:15+00:00\",\"author\":{\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Detroit\",\"breadcrumb\":{\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/diamondreelsnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Detroit Casinos See Revenue Rise Despite Sports Betting Decline\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#website\",\"url\":\"https:\/\/diamondreelsnodepositbonus.icu\/\",\"name\":\"Where Casino Lovers Unite | Licensed, Secure &amp; Exciting Games\",\"description\":\"Unleash your gambling potential with the help of our comprehensive casino news, detailed game reviews, and informative articles. Our licensed online casino is your go-to destination.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/diamondreelsnodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"contentUrl\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"caption\":\"admin\"},\"description\":\"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.\",\"sameAs\":[\"http:\/\/theworldcasino.vip\"],\"url\":\"https:\/\/diamondreelsnodepositbonus.icu\/author\/ezvhu8xt\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Detroit Casinos Shine Despite Sports Betting Dip","description":"Detroit","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/","og_locale":"en_GB","og_type":"article","og_title":"Detroit Casinos See Revenue Rise Despite Sports Betting Decline","og_description":"Detroit","og_url":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/","og_site_name":"Where Casino Lovers Unite | Licensed, Secure &amp; Exciting Games","article_published_time":"2024-06-27T01:24:15+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/","url":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/","name":"Detroit Casinos Shine Despite Sports Betting Dip","isPartOf":{"@id":"https:\/\/diamondreelsnodepositbonus.icu\/#website"},"datePublished":"2024-06-27T01:24:15+00:00","dateModified":"2024-06-27T01:24:15+00:00","author":{"@id":"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0"},"description":"Detroit","breadcrumb":{"@id":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/27\/detroit-casinos-see-revenue-rise-despite-sports-betting-decline\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/diamondreelsnodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"Detroit Casinos See Revenue Rise Despite Sports Betting Decline"}]},{"@type":"WebSite","@id":"https:\/\/diamondreelsnodepositbonus.icu\/#website","url":"https:\/\/diamondreelsnodepositbonus.icu\/","name":"Where Casino Lovers Unite | Licensed, Secure &amp; Exciting Games","description":"Unleash your gambling potential with the help of our comprehensive casino news, detailed game reviews, and informative articles. Our licensed online casino is your go-to destination.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/diamondreelsnodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","contentUrl":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","caption":"admin"},"description":"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.","sameAs":["http:\/\/theworldcasino.vip"],"url":"https:\/\/diamondreelsnodepositbonus.icu\/author\/ezvhu8xt\/"}]}},"_links":{"self":[{"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/posts\/250"}],"collection":[{"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=250"}],"version-history":[{"count":0,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/posts\/250\/revisions"}],"wp:attachment":[{"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}