Detroit’s three casinos collectively reported just under $110 million in monthly revenue in April, down about 8% from a year ago — in part because of a big sports betting payout.
The casinos reported more than $15.3 million in total retail sports betting handle, which is the amount wagered by bettors. The Michigan Gaming Control Board noted, however, that qualified adjusted gross receipts were down nearly 94% from a year ago because of someone winning $2.6 million on parlay bets at the FanDuel Sportsbook at MotorCity Casino…
For the month, the casinos paid $69,237 in taxes to the state and reported submitting $84,624 in taxes to the city based on retail sports betting revenue.
