Qualified adjusted gross receipts are gross sports betting receipts minus the monetary value of free play incentives provided to and wagered by bettors. The three casinos reported aggregate retail sports betting qualified adjusted gross receipts of $26.95 million. The three Detroit casinos reported making $160.8 million in wagering taxes and development agreement payments on slots and table games revenue to the City of Detroit in 2021. At Greektown Casino, revenue was up 95.2% to $274.5 million.ĭuring 2021, the three Detroit casinos paid $102.6 million in wagering taxes to the State of Michigan compared with $50.3 million in 2020 on slots and table games revenue. MotorCity Casino's revenue was up 96.8% to $438.3 million.

MGM Grand Detroit's revenue rose 115.5% to $554 million. Year-over-year gaming revenue for slots and table games rose 104.2% to $1.27 billion. Table Games and Slot Revenue and Taxes - 2021 Slots generated 77% of revenue at $998.8 million, table games provided 21% of revenue at $268 million and retail sports betting added 2% of revenue at $26.95 million.īy comparison, the casinos produced nearly $639 million in aggregate revenue in 2020 and a record $1.454 billion in 2019. All Rights Reserved.Detroit, January 11, 2022 - The three Detroit casinos reported $1.294 billion yearly revenue in 2021. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Top 10 Mutual Funds Holding MGM Resorts International Mutual fund Top 10 Owners of MGM Resorts International Stockholder

WEDGE CAPITAL MANAGEMENT LLP Bought 867.9 Thousand shares of MGM Resorts International Bought 3.7 Million shares of MGM Resorts International Transactions Latest Institutional Activity ĭAVIS SELECTED ADVISERS LP Bought 9.8 Million shares of MGM Resorts InternationalīOSTON PARTNERS GLOBAL INVESTORS.

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