{"id":276,"date":"2024-06-28T14:15:03","date_gmt":"2024-06-28T11:15:03","guid":{"rendered":"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/detroit-casinos-see-earnings-rise-in-april\/"},"modified":"2024-06-28T14:15:03","modified_gmt":"2024-06-28T11:15:03","slug":"detroit-casinos-see-earnings-rise-in-april","status":"publish","type":"post","link":"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/detroit-casinos-see-earnings-rise-in-april\/","title":{"rendered":"Detroit Casinos See Earnings Rise in April"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/I06plgwhuq4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The gambling houses in Detroit, Michigan, witnessed an increase in their earnings by 8.9% in the fourth month of the year compared to the same period last year, reaching $118.7 million (\u00a397.1 million\/\u20ac114.2 million).<\/p>\n<p>The overall earnings in April surpassed the $109.9 million generated by these establishments in April of the previous year, but it was 3.4% less than the $122.9 million generated in the third month of the current year, according to information released by the Michigan Gaming Control Board (MGCB).<\/p>\n<p>The year-over-year rise was primarily attributed to the fact that the three gambling venues were operating at a reduced capacity in April of the previous year, in accordance with the state&#8217;s new coronavirus (Covid-19) measures, while this year such limitations have been lifted.<\/p>\n<p>MGM Grand Detroit remains the leading player, with a 48% market share, ahead of MotorCity Casino (31%) and Penn National&#8217;s Greektown Casino Hotel (21%).<\/p>\n<p>In April, earnings from table games and slots totaled $116.9 million, up 8.8% year-over-year.<\/p>\n<p>MGM takes the lead in this regard, with earnings of $56.8 million, up 31.4% year-over-year. In contrast, MotorCity&#8217;s table game and slot earnings decreased by 8.8% to $36.4 million, while Greektown&#8217;s fell by 2.6% to $23.7 million.<\/p>\n<p>Total qualified adjusted gross receipts (QAGR) from sports betting activities reached $1.9 million, up 21.3% from the previous year. <\/p>\n<p>Greektown was the frontrunner in sports betting revenue growth, boasting an average yearly increase of $912,513. This put them ahead of MotorCity ($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 earnings. Of this sum, $70,714 was allocated to state taxes and $86,428 went towards the city of Detroit&#8217;s retail sports betting levy.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gambling houses in Detroit, Michigan, witnessed an increase in their earnings by 8.9% in the fourth month of the year compared to the same period last year, reaching $118.7 million (\u00a397.1 million\/\u20ac114.2 million). The overall earnings in April surpassed the $109.9 million generated by these establishments in April of the previous year, but it [&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 Rake in Record April Earnings<\/title>\n<meta name=\"description\" content=\"Michigan\" 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:\/\/america777nodepositbonus.icu\/2024\/06\/28\/detroit-casinos-see-earnings-rise-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 Earnings Rise in April\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Michigan\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/detroit-casinos-see-earnings-rise-in-april\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Source for Expert Casino Insights &amp; Licensed Gaming News\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T11:15:03+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=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/detroit-casinos-see-earnings-rise-in-april\/\",\"url\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/detroit-casinos-see-earnings-rise-in-april\/\",\"name\":\"Detroit Casinos Rake in Record April Earnings\",\"isPartOf\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-28T11:15:03+00:00\",\"dateModified\":\"2024-06-28T11:15:03+00:00\",\"author\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Michigan\",\"breadcrumb\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/detroit-casinos-see-earnings-rise-in-april\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/detroit-casinos-see-earnings-rise-in-april\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/detroit-casinos-see-earnings-rise-in-april\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/america777nodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Detroit Casinos See Earnings Rise in April\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/#website\",\"url\":\"https:\/\/america777nodepositbonus.icu\/\",\"name\":\"Your Source for Expert Casino Insights &amp; Licensed Gaming News\",\"description\":\"Indulge in the best of licensed online gambling with our regularly updated news, honest reviews, and expert articles. 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