{"id":248,"date":"2024-06-26T02:06:45","date_gmt":"2024-06-25T23:06:45","guid":{"rendered":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/"},"modified":"2024-06-26T02:06:45","modified_gmt":"2024-06-25T23:06:45","slug":"detroit-gambling-houses-earnings-decline-to-109-4-million-in-april","status":"publish","type":"post","link":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/","title":{"rendered":"Detroit Gambling Houses Earnings Decline to $109.4 Million in April"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/7njSiChYRBk\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>The gambling houses of Detroit saw a reduction in earnings in the fourth month of the year when compared to the same period in the previous year. All three of the city\u2019s gambling establishments also experienced a monthly decrease.<\/p>\n<p>Home &gt; Finance &gt; Detroit Gambling Houses Earnings Decline to $109.4 Million in April<\/p>\n<p>Detroit Gambling Houses Earnings Decline to $109.4 Million in April<br>\nDetroit\u2019s gambling houses generated a combined total of $109.4 million (\u00a386.8 million\/\u20ac101 million) in the fourth month of the year. This was slightly lower than the $109.7 million recorded in April 2023, but down 11.7% from the $123.9 million seen in March.<\/p>\n<p>Of this total, $107.9 million came from table games and slot machines, a 1.6% year-on-year decrease. This was also 11.8% lower than the total seen in March.<\/p>\n<p>The remaining $1.6 million in revenue came from sports betting\u2019s qualified adjusted gross revenue (QAGR). This was a contrast to the $14,489 loss recorded in April 2023 and was flat compared to the $1.6 million seen in March.<\/p>\n<p>MGM Remains Top Dog in Detroit<br>\nLooking at each of Detroit\u2019s commercial gambling houses, MGM remains the top dog in terms of total revenue. In April, MGM held a 46.0% market share, followed by MotorCity at 30.0% and Greektown Casino-Hotel at 24.0%.<\/p>\n<p>MGM reported $49.9 million in table game and slot machine revenue in April, down 0.7% year-on-year. MotorCity also saw a decrease in revenue, down 4.5% to $32.7 million, while Hollywood Casino saw an increase of 0.6% to $25.3 million.<\/p>\n<p>As for sports betting, Hollywood Casino continues to lead the way in this market, with a QAGR of $578,131. This was, incidentally, far less than a dollar. <\/p>\n<p>During the fourth month of 2023, MotorCity\u2019s sports wagering earnings hit a remarkable $4 million, leading to a positive overall quarterly growth rate despite expansion in other sectors.<\/p>\n<p>MotorCity\u2019s sports wagering quarterly growth rate was a substantial $516,812, a considerable improvement compared to the previous year\u2019s $1.7 million deficit. MGM remained stable at $475,492, an increase from $432,195 in the preceding year.<\/p>\n<p>The trio of Detroit gambling establishments contributed $8.7 million in gaming levies to the state of Michigan on table games and slot machines. The casinos also paid $12.8 million in betting taxes and development agreement payments to the city of Detroit.<\/p>\n<p>Concerning sports wagering, the casinos paid $59,362 in gaming taxes to the state and $72,554 in wagering taxes to Detroit.<\/p>\n<p>Sign up for the iGaming newsletter to receive additional details. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gambling houses of Detroit saw a reduction in earnings in the fourth month of the year when compared to the same period in the previous year. All three of the city\u2019s gambling establishments also experienced a monthly decrease. Home &gt; Finance &gt; Detroit Gambling Houses Earnings Decline to $109.4 Million in April Detroit Gambling [&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 See April Earnings Dip<\/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:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-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 Gambling Houses Earnings Decline to $109.4 Million 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:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Evolution of Online Casino Fun | Licensed Platform\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-25T23:06:45+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=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/\",\"url\":\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/\",\"name\":\"Detroit Casinos See April Earnings Dip\",\"isPartOf\":{\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-25T23:06:45+00:00\",\"dateModified\":\"2024-06-25T23:06:45+00:00\",\"author\":{\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Detroit\",\"breadcrumb\":{\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/candylandcasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Detroit Gambling Houses Earnings Decline to $109.4 Million in April\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/candylandcasinonodepositbonus.icu\/\",\"name\":\"Experience the Evolution of Online Casino Fun | Licensed Platform\",\"description\":\"Stay ahead of the curve with our comprehensive news, detailed game reviews, and informative insights. Experience the thrill of licensed online gambling at our trusted casino.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/candylandcasinonodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"contentUrl\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"caption\":\"admin\"},\"description\":\"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.\",\"sameAs\":[\"http:\/\/theworldcasino.vip\"],\"url\":\"https:\/\/candylandcasinonodepositbonus.icu\/author\/ezvhu8xt\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Detroit Casinos See April Earnings Dip","description":"Detroit","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/","og_locale":"en_GB","og_type":"article","og_title":"Detroit Gambling Houses Earnings Decline to $109.4 Million in April","og_description":"Detroit","og_url":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/","og_site_name":"Experience the Evolution of Online Casino Fun | Licensed Platform","article_published_time":"2024-06-25T23:06:45+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/","url":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/","name":"Detroit Casinos See April Earnings Dip","isPartOf":{"@id":"https:\/\/candylandcasinonodepositbonus.icu\/#website"},"datePublished":"2024-06-25T23:06:45+00:00","dateModified":"2024-06-25T23:06:45+00:00","author":{"@id":"https:\/\/candylandcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0"},"description":"Detroit","breadcrumb":{"@id":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/26\/detroit-gambling-houses-earnings-decline-to-109-4-million-in-april\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/candylandcasinonodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"Detroit Gambling Houses Earnings Decline to $109.4 Million in April"}]},{"@type":"WebSite","@id":"https:\/\/candylandcasinonodepositbonus.icu\/#website","url":"https:\/\/candylandcasinonodepositbonus.icu\/","name":"Experience the Evolution of Online Casino Fun | Licensed Platform","description":"Stay ahead of the curve with our comprehensive news, detailed game reviews, and informative insights. Experience the thrill of licensed online gambling at our trusted casino.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/candylandcasinonodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/candylandcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/candylandcasinonodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","contentUrl":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","caption":"admin"},"description":"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.","sameAs":["http:\/\/theworldcasino.vip"],"url":"https:\/\/candylandcasinonodepositbonus.icu\/author\/ezvhu8xt\/"}]}},"_links":{"self":[{"href":"https:\/\/candylandcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/248"}],"collection":[{"href":"https:\/\/candylandcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/candylandcasinonodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/candylandcasinonodepositbonus.icu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/candylandcasinonodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=248"}],"version-history":[{"count":0,"href":"https:\/\/candylandcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/248\/revisions"}],"wp:attachment":[{"href":"https:\/\/candylandcasinonodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/candylandcasinonodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/candylandcasinonodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}