Michigan: Retail sportsbook numbers up, retail casino numbers down in May

Michigan: Retail sportsbook numbers up, retail casino numbers down in May

Article brief provided by MI Bets
  • Jeff Edelstein, MI Bets
June 7, 2022 7:07 PM
  • Jeff Edelstein, MI Bets

Detroit’s three casinos reported $108.7 million in monthly aggregate revenue for the month of May, with table games and slots generating $106.3 million in revenue and retail sports betting bringing in $2.4 million, according to numbers released by the Michigan Gaming Control Board.

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On the sports betting side, qualified adjusted gross receipts (QAGR) rose 36.6% year-over-year, while the monthly QAGR was 27.7% higher than in April. Hollywood Casino at Greektown was the big winner, with a total QAGR haul of $1.59 million. MotorCity was second at $757,469, and MGM brought up the rear at $220,028.

Total handle was north of $22.7 million, and the three casinos paid $90,279 in gaming taxes to the state and $110,341 in wagering taxes and development agreement payments to the city of Detroit for the month.