{"id":22135,"date":"2024-05-15T12:13:19","date_gmt":"2024-05-15T12:13:19","guid":{"rendered":"https:\/\/instantcasinos.com\/?p=22135"},"modified":"2024-05-15T12:13:19","modified_gmt":"2024-05-15T12:13:19","slug":"detroit-casinos-motor-citys-land-based-venues-generate-109-44-million-in-april-revenue","status":"publish","type":"post","link":"https:\/\/instantcasinos.com\/blog\/detroit-casinos-motor-citys-land-based-venues-generate-109-44-million-in-april-revenue\/","title":{"rendered":"Detroit Casinos: Motor City’s Land-Based Venues Generate $109.44 Million In April Revenue"},"content":{"rendered":"

Detroit’s casino revenue for the three land-based venues have generated an aggregate monthly total of $109.44Million for April 2024.\u00a0<\/strong><\/p>\n

Detroit’s Casino Revenue<\/h2>\n

Unsurprisingly, the vast majority of the revenue came via slots and table games. In total, the figure was confirmed as $107.87m. This was an 11.8% decrease compared to March 2024.<\/p>\n

However, it was a 1.6% decrease when comparing year-on-year. In terms of gaming taxes, the three Detroit casinos paid $8.74m to the state of Michigan in April.<\/p>\n

There was a further $12.8m paid to the City of Detroit via wagering taxes and development agreement payments. Just $1.57m of the aggregate revenue came from retail and sports betting.<\/p>\n

In total, the three Detroit casinos reported a total retail sports betting handle of $15.28m. The reports also confirmed that $59,362 was paid in gaming taxes.<\/p>\n

A further $142,718 in wagering taxes was paid to the City of Detroit. April market shares for the MGM Grand stood at 46%. MotorCity was 30% with the Hollywood Casino at Greektown 24%.<\/p>\n

Detroit NFL Draft<\/h2>\n

Perhaps surprisingly, the Detroit NFL draft failed to help boost the city’s casinos revenue towards the end of April 2024. Despite welcoming approximately 775,000 fans.<\/p>\n

Therefore, it’s fair to assume the vast majority of visitors chose to spend their time in Motor City outside and enjoying the festivities. As opposed to trying their luck in the land-based casinos.<\/p>\n

Considering April was the first month this year that saw a month-over-month decrease, it may be a cause for concern from the casinos perspective.<\/p>\n

However, Detroit casinos aren\u2019t too far off from the total revenue generated through the first four months from years prior. In 2020, $299.2m was reported.<\/p>\n

2021 saw a sizable increase compared to the year previous, generating a total of $391.6m. Two years ago, $432.3m was posted with $435.8m in 2023. In 2024, the total is $428.8m.<\/p>\n

Visit Instant Withdrawal Casinos<\/a> for the best online casino experience.<\/p>\n","protected":false},"excerpt":{"rendered":"

Detroit’s casino revenue for the three land-based venues have generated an aggregate monthly total of $109.44Million for April 2024.\u00a0 Detroit’s Casino Revenue Unsurprisingly, the vast majority of the revenue came via slots and table games. In total, the figure was confirmed as $107.87m. This was an 11.8% decrease compared to March 2024. However, it was … <\/p>\n","protected":false},"author":61,"featured_media":19367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-22135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"\nDetroit's Casino Revenue: $109.44m Generated In April 2024<\/title>\n<meta name=\"description\" content=\"Detroit's casino revenue for the three land-based venues have generated an aggregate monthly total of $109.44Million for April 2024.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/instantcasinos.com\/blog\/detroit-casinos-motor-citys-land-based-venues-generate-109-44-million-in-april-revenue\/\" \/>\n<meta property=\"og:locale\" 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