The three casinos reported $107.2m in monthly aggregate revenue, with monthly market shares of 48% for MGM Grand Detroit, 33% for MotorCity and 19% for Hollywood Casino at Greektown.
Table games and slots revenue amounted to $105.9m, a fall of 8% year-on-year. However, monthly revenue rose by 8% when compared to June.
All three casinos reported a fall in monthly gaming revenue year-on-year; MGM Grand Detroit fell by 5% to $51.2m, MotorCity was down by 10% to $34.8m and Hollywood Casino at Greektown fell 15% to $19.9m.
The casinos paid $8.6m in wagering taxes to the state of Michigan, compared to $9.4m in July 2021. Additionally, they submitted $12.6m in wagering taxes and development agreement payments to the city of Detroit.
Retail sports betting qualified adjusted gross receipts (QAGR) rose to $1.3m, representing a 4% increase. Total retail sports betting handle amounted to $18.9m, with total gross receipts of $1.3m.
MGM Grand Detroit reported July QAGR of $807,710, MotorCity $238,320 and Hollywood Casino at Greektown $212,205.
In July, the casinos paid $47,561 in retail sports betting taxes to the state, with $58,130 in retail sports betting wagering taxes and development agreement payments submitted to the city of Detroit.
In June, fantasy contest operators reported total adjusted revenues of $1m, and paid taxes of $84,062.
Fantasy contest operators reported $7.4m in adjusted revenues in H1 2022, with $622,691 in taxes paid.
Last month, OddsSeeker predicted that Michigan is set to become the largest iGaming market in the US.
