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Michigan Gaming Control Board

*Contact:* [email protected]

*For Immediate Release:*

*Detroit casinos report $103.5 million in January monthly aggregate revenue *

*Detroit, February 14, 2023* ? The three Detroit casinos reported $103.5 million in monthly aggregate revenue in January. Table games and slots generated $103.4 million in revenue while retail sports betting produced $111,023.

Market shares during January were:


* MGM, 48%
* Motor City, 30%
* Hollywood Casino at Greektown, 22%

*Table Games and Slot Revenue *

Monthly table games and slot revenue rose 4.4% compared with January 2022 results. Revenue declined 4.5% compared with December results.

Compared with January 2022, monthly gaming revenue rose 3.2% to $50.2 million at MGM and 1.3% to $30.3 million at MotorCity Casino. Hollywood Casino at Greektown reported $22.9 million monthly revenue for an 11.9% gain compared with January 2022 results.

During January, the three Detroit casinos paid $8.4 million in gaming taxes to the State of Michigan compared with $8 million for the same month last year.

The three Detroit casinos reported submitting $16.3 million in wagering taxes and development agreement payments to the City of Detroit during January.

*Retail Sports Betting Revenue and Taxes*

Retail sports betting qualified adjusted gross receipts (QAGR) for January dropped by $1.8 million, or 94.3%, when compared with January 2022 results. QAGR also declined by $1.5 million, or 93.2%, when compared with December results.

January QAGR totals by property were:


* MGM, -$62,725
* MotorCity, $236,503
* Hollywood Casino at Greektown, -$62,755

Total gross receipts were $149,379, and total handle was $15,277,683.

State taxes from the Detroit casinos were $8,940 compared with $73,070 for the same month last year.

The three Detroit casinos reported submitting $10,926 in wagering taxes to the City of Detroit during January.

*Fantasy Contests*

During December, fantasy contest operators reported total adjusted revenues of $1.6 million and paid taxes of $133,324.

Fantasy contest operators reported aggregate fantasy contest adjusted revenues of $16.8 million and paid $1.4 million in taxes during 2022.

""The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the?citizens of the State of Michigan.""

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* Casino - January 2023.xls [ [link removed] ]
* FantasyContests December 2022 all vendors.xlsx [ [link removed] ]
* Casino RSB January 2023.xls [ [link removed] ]
* Detroit casino revenue January 2023.docx [ [link removed] ]
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This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Michigan Gaming Control Board ? 3062 West Grand Boulevard, Suite L-700 ? Detroit, MI 48202-6062 ? (313) 456-4100 ? [ [link removed] ]