The midsummer month of July was kind to casinos in the Great Lakes State, with month-over-month gains in terms of adjusted gross receipts and taxes paid for both brick-and-mortar locations and Michigan online casinos operators.
Overall, Michigan three commercial retail casinos, all in Detroit, finished July with a combined $106,303,231 in total adjusted gross receipts. That represented a 1.7% increase from June’s total of $104,554,380, illustrating how strong the state’s market was in total.
Throw in $8,610,562 in state wagering taxes (up 1.7% from June’s total of $8,468,905) and $12,650,085 in city wagering taxes (up 1.7% from June’s sum of $12,441,971) and you can see why the seventh month of the year was a positive sign for land-based casinos in the Great Lakes State.
Michigan iGaming Breakdown For July
As for iGaming operators that offer Michigan casino bonuses, the state’s total adjusted gross receipts for July represented a 4.7% month-over-month jump from June, going from $164,557,737 to $172,297,805.
The state’s tax bill for July increased 4.7% month-over-month as well, going from $34,358,207 in June to $35,981,575 in July. The leader in iGaming revenue for the month was MGM Grand Detroit $50.71 million, followed by MotorCity Casino with $46.68 million and Bay Mills Indian Community at $37.10 million.
When it came to Detroit retail casinos, MGM Grand Detroit had the greatest revenue at $51,302,335, followed by MotorCity Casino at $31,205,772 and Greektown Casino, which finished July at $23,795,125.
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