Retail sports betting qualified adjusted gross receipts (QAGR) were down by $1.3 million compared to May 2023. The three Detroit casinos reported $8.1 million in total retail sports betting handle, and total gross receipts yielded a negative $378,641. The casinos reported submitting $12.1 million in wagering taxes and development agreement payments to the City of Detroit in June. They paid $8.0 million for the same month last year.
The casinos’ monthly gaming revenue results were mixed compared to June 2022: Through June 30, the casinos’ table games and slots revenue increased by 0.9% compared to the same period last year. June monthly revenue dropped 2.7% compared to May revenue.
June table games and slot revenue increased 3.8% when compared to June 2022 results. Retail sports betting yielded a negative $395,606, in large part due to a patron successfully winning $972,000 at MotorCity Casino on June 18. DETROIT, JThe three Detroit casinos reported $101.5 million in monthly aggregate revenue for the month of June 2023, of which $101.9 million was generated from table games and slots.