{"id":259,"date":"2024-06-27T04:25:42","date_gmt":"2024-06-27T01:25:42","guid":{"rendered":"https:\/\/spindimensioncasinonodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-8-9-rise-in-earnings-in-april\/"},"modified":"2024-06-27T04:25:42","modified_gmt":"2024-06-27T01:25:42","slug":"detroit-casinos-see-8-9-rise-in-earnings-in-april","status":"publish","type":"post","link":"https:\/\/spindimensioncasinonodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-8-9-rise-in-earnings-in-april\/","title":{"rendered":"Detroit Casinos See 8.9% Rise in Earnings in April"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/ffCglqSeRvM\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The three land-based commercial gambling houses in Detroit, Michigan, observed an increase in earnings of 8.9% year-over-year in April, reaching $118.7 million (\u00a397.1 million\/\u20ac114.2 million).<\/p>\n<p>The figure outstripped the $109.9 million generated by these establishments in April of the previous year, but was 3.4% lower than the $122.9 million recorded in March, data released by the Michigan Gaming Control Board (MGCB) reveals.<\/p>\n<p>The growth was primarily attributed to the fact that last April, the three casinos were operating at below typical capacity in accordance with the state&#8217;s novel coronavirus (Covid-19) measures, while this year, these limitations have been removed.<\/p>\n<p>MGM Grand Detroit maintained its leading position with a 48% market share, ahead of MotorCity Casino (31%) and Penn National\u2019s Greektown Casino-Hotel (21%).<\/p>\n<p>In April, table games and slot machine earnings totaled $116.9 million, up 8.8% year-over-year.<\/p>\n<p>MGM led the way in this category, with revenue of $56.8 million, up 31.4% year-over-year. In contrast, MotorCity\u2019s table games and slots revenue decreased 8.8% to $36.4 million, while Greektown\u2019s fell 2.6% to $23.7 million.<\/p>\n<p>Total qualified adjusted gross receipts (QAGR) from sports wagering activities were $1.9 million, up 21.3% from a year prior. <\/p>\n<p>The Hellenic metropolis leads the pack in terms of sports wagering compound annual growth rate, achieving a staggering $912,513, outpacing Motor City ($552,841) and MGM ($405,385).<\/p>\n<p>Gaming establishments processed a total of $24.8 million in sports wagers, resulting in $1.9 million in overall income, with $70,714 allocated to state levies and Detroit receiving $86,428 in retail sports betting taxes.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The three land-based commercial gambling houses in Detroit, Michigan, observed an increase in earnings of&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 Hit Jackpot: April Earnings Surge<\/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:\/\/spindimensioncasinonodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-8-9-rise-in-earnings-in-april\/\" 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 8.9% Rise in Earnings in April\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Detroit\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/spindimensioncasinonodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-8-9-rise-in-earnings-in-april\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Latest Casino Trends &amp; 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