{"id":255,"date":"2024-06-27T03:02:16","date_gmt":"2024-06-27T00:02:16","guid":{"rendered":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/27\/detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7\/"},"modified":"2024-06-27T03:02:16","modified_gmt":"2024-06-27T00:02:16","slug":"detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7","status":"publish","type":"post","link":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/27\/detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7\/","title":{"rendered":"Detroit Casinos Report $101.4 Million in October Earnings, Sports Wagering Up 72.7%"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Mgu7xB1nGGk\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The three commercial gambling venues in Detroit brought in $101.4 million in earnings during October, including $7.6 million from sports wagering. The Michigan Gaming Oversight Board has granted one-year extensions to each operator&#8217;s gambling licenses.<\/p>\n<p>Detroit&#8217;s commercial gambling establishments generated $101.4 million in revenue during October.<br \/>\nModified gross earnings (gross earnings minus the monetary value of complimentary play awards given to and wagered by players) from sports wagering rose 72.7% from $4.4 million in September, the state&#8217;s initial full month of regulated sports wagering.<\/p>\n<p>Retail sports wagering commenced in Michigan on March 11, but the establishments were compelled to close days later due to the state&#8217;s lockdown in response to the novel coronavirus (Covid-19) and did not reopen until August 5.<\/p>\n<p>MGM Grand Detroit remained the frontrunner in the sports wagering market, with $3.7 million in adjusted gross revenue, surpassing MotorCity Casino&#8217;s $2.2 million and Greektown Casino&#8217;s $1.7 million.<\/p>\n<p>The three establishments paid $287,166 in state taxes on retail sports wagering in October, as well as $350,980 in Detroit city taxes.<\/p>\n<p>Read the complete account at iGB North America.<\/p>\n<p>Sign up for the iGaming newsletter <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The three commercial gambling venues in Detroit brought in $101.4 million in earnings during October, including $7.6 million from sports wagering. The Michigan Gaming Oversight Board has granted one-year extensions to each operator&#8217;s gambling licenses. Detroit&#8217;s commercial gambling establishments generated $101.4 million in revenue during October. Modified gross earnings (gross earnings minus the monetary value [&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 Rake in Millions, Sports Betting Booms<\/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:\/\/cryptoleobonuscode.icu\/2024\/06\/27\/detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7\/\" 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 Casinos Report $101.4 Million in October Earnings, Sports Wagering Up 72.7%\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Detroit\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/27\/detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Join the Ultimate Online Casino Adventure | Licensed &amp; Secure\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T00:02:16+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=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/27\/detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7\/\",\"url\":\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/27\/detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7\/\",\"name\":\"Detroit Casinos Rake in Millions, Sports Betting Booms\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoleobonuscode.icu\/#website\"},\"datePublished\":\"2024-06-27T00:02:16+00:00\",\"dateModified\":\"2024-06-27T00:02:16+00:00\",\"author\":{\"@id\":\"https:\/\/cryptoleobonuscode.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Detroit\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/27\/detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/27\/detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/27\/detroit-casinos-report-101-4-million-in-october-earnings-sports-wagering-up-72-7\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/cryptoleobonuscode.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Detroit Casinos Report $101.4 Million in October Earnings, Sports Wagering Up 72.7%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoleobonuscode.icu\/#website\",\"url\":\"https:\/\/cryptoleobonuscode.icu\/\",\"name\":\"Join the Ultimate Online Casino Adventure | Licensed &amp; Secure\",\"description\":\"Discover the latest trends and opportunities in online gambling with our fresh casino news, in-depth game reviews, and informative insights. 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