Retail sports betting qualified adjusted gross receipts (QAGR) $1.1 million fell 41.3% in December compared with December 2020 results. Retail Sports Betting Revenue and Taxes - December The three Detroit casinos reported making $18.1 million in wagering taxes and development agreement payments to the City of Detroit in December. MotorCity's December revenue was up 284.9% to $35 million, and Greektown monthly revenue was up 365.9% to $25 million compared with December 2020.ĭuring December, the three Detroit casinos paid $9 million in wagering taxes to the State of Michigan compared with $1.8 million paid in December 2020. Revenue for table games and slots also was up 7.2% compared with November numbers.ĭecember revenue rose 576.5% to $51.4 million for MGM compared with December 2020 results. Table games and slots generated $111.4 million in revenue while retail sports betting produced $1.1 million in revenue.ĭecember 2021 table games and slots revenue was 405% higher than revenue produced in December 2020 when the casinos were closed from Dec. The three casinos reported $112.5 million in monthly aggregate revenue in December. They reported submitting $1.26 million in retail sports betting taxes to the City of Detroit. The three Detroit casinos in 2021 paid $1 million in taxes for retail sports betting to the State of Michigan compared with $690,865 in 2020. Qualified adjusted gross receipts are gross sports betting receipts minus the monetary value of free play incentives provided to and wagered by bettors. The three casinos reported aggregate retail sports betting qualified adjusted gross receipts of $26.95 million.

The three Detroit casinos reported making $160.8 million in wagering taxes and development agreement payments on slots and table games revenue to the City of Detroit in 2021. At Greektown Casino, revenue was up 95.2% to $274.5 million.ĭuring 2021, the three Detroit casinos paid $102.6 million in wagering taxes to the State of Michigan compared with $50.3 million in 2020 on slots and table games revenue. MotorCity Casino's revenue was up 96.8% to $438.3 million. MGM Grand Detroit's revenue rose 115.5% to $554 million. Year-over-year gaming revenue for slots and table games rose 104.2% to $1.27 billion.

Table Games and Slot Revenue and Taxes - 2021 Slots generated 77% of revenue at $998.8 million, table games provided 21% of revenue at $268 million and retail sports betting added 2% of revenue at $26.95 million.īy comparison, the casinos produced nearly $639 million in aggregate revenue in 2020 and a record $1.454 billion in 2019.

Detroit, January 11, 2022 - The three Detroit casinos reported $1.294 billion yearly revenue in 2021.