Detroit Casino Report An Income Of $ 113.82 Million For August

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June 23, 2022
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Detroit Casino Report An Income Off $ 113.82 Million for August

Monthly cumulative income of the three casino detroit in august amounted to $ 113.82 million, reported on tuesday michigan gaming control board. Revenue from desktop games and slot machines amounted to $ 112.17 million, androme retail sports rates – 1.65 million dollars.

All properties reported a higher monthly income compared to august 2020 . Mgm grand detroit revenue from games amounted to $ 52.24 million, an increase of 82.4%, which is 47% of the market share. Motorcity casino hotel has invested $ 36.52 million, which is 45.9% more, and its share was 32%. Finally, the revenue of the hotel-casino greektown amounted to $ 23.41 million, which is 49.2% more, and the market share is 21%.

Compared to the previous year, income from board games and slot machines in august was 61.7% higher . Casino reopened in early august 2020 with a load of 15% after more than to restrictions related to covid-19. Annual revenue from desktop games and slot machines in detroit increased by 126% compared with the first eight months of 2020.

During august, three casinos paid by the state of michigan 9.1 million us dollars in the form of taxes on gambling, which is more compared to 5.6 million us dollars in august 2020. In addition, during the specified month, detroit was reported about $ 13.3 million in the form of taxes and payments for development agreements.

The adjusted gross revenue (qagr) of retail sports rates in august fell by 16.5% compared with the same month last year, but incrased by 36.2% compared with july 2021. The total amount of processing was 16.2 million us dollars, and the total gross revenue was 1.6 million us dollars.

Source: yogonet

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