October wasn’t particularly green for the three retail sportsbooks in Detroit, with qualified adjusted gross receipts (QAGR) coming in at $2.1 million, down 19.4% from September and another 20.8% when compared to last October’s results, according to the Michigan Gaming Control Board.
Handle was $23.5 million, meaning the revenue represented a 9% hold for the sportsbooks. October QAGR totals by property were MGM, $711,959; Hollywood Casino at Greektown, $702,147; and MotorCity, $680,649.
State taxes from the sportsbooks at the Detroit casinos were $79,182, compared with $99,977 paid during October 2021. The three sportsbooks also paid out $96,778 in taxes to the city of Detroit last month.
Year-to-date QAGR for the trio of retail sportsbooks comes in at Greektown with $6.4 million, MGM with $4.7 million, and MotorCity with $4.3 million.