{"id":256,"date":"2024-06-27T04:25:01","date_gmt":"2024-06-27T01:25:01","guid":{"rendered":"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes\/"},"modified":"2024-06-27T04:25:01","modified_gmt":"2024-06-27T01:25:01","slug":"detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes","status":"publish","type":"post","link":"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes\/","title":{"rendered":"Detroit Casinos See Revenue Drop in November Amid Labor Disputes"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/FJ-mWtNPBhg\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Detroits gambling earnings took a significant blow in November due to labor actions. The city&#8217;s gaming establishments generated $79.1 million, representing a 22.3% decline from the same period last year. This also marks a 4.5% decrease from October.<\/p>\n<p>The labor disputes at the casinos commenced in October and persisted until mid-November. This resulted in the MGM Grand, Greektown, and MotorCity casinos experiencing understaffing for the majority of the month.<\/p>\n<p>The casinos generated $76 million from slot machines and table games, indicating a 23.9% decrease from the previous year and a 7% decrease from October. However, sports betting revenue saw an uptick, with $3.1 million in qualified adjusted gross revenue. This represents a 63.2% increase from November 2022 and a 181.8% increase from October.<\/p>\n<p>Detroit residents wagered $15.3 million on sports at the casinos, reflecting a 15.5% drop from both November 2022 and October 2023. <\/p>\n<p>During the month of November, MGM maintained its position as the most sought-after gambling establishment in Detroit, securing a commanding 34% share of the market. Nevertheless, its dominance has diminished in comparison to the 46% share it held in the preceding month, October.<\/p>\n<p>MGM&#8217;s income from table and slot games reached a substantial $30.6 million, while its revenue from sports wagering amounted to $230,847.<\/p>\n<p>MotorCity, a close competitor to MGM, narrowed the gap, also achieving a 34% market share. Its revenue from table and slot games totaled $24.7 million, with sports betting revenue reaching $2.2 million.<\/p>\n<p>The final gambling establishment in Detroit, Greektown Casino-Hotel, claimed a 27% market share. Greektown reported $10.8 million in revenue from table and slot games and $657,545 in revenue from sports wagering.<\/p>\n<p>In terms of financial contributions, the casinos collectively paid $6.2 million in gaming taxes to the state of Michigan in November. Furthermore, they remitted $9.4 million in wagering taxes and development agreement payments to the city of Detroit.<\/p>\n<p>Concerning sports betting, Michigan&#8217;s total tax revenue amounted to $116,769. Moreover, the three casinos paid $142,718 in wagering taxes to the city of Detroit.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Detroits gambling earnings took a significant blow in November due to labor actions. The city&#8217;s gaming establishments generated $79.1 million, representing a 22.3% decline from the same period last year.&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 Hit by Labor Strikes, Earnings Plunge<\/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:\/\/secretnodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes\/\" 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 See Revenue Drop in November Amid Labor Disputes\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Detroit\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Gateway to a World of Licensed Online Casino Entertainment\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T01:25:01+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=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes\/\",\"url\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes\/\",\"name\":\"Detroit Casinos Hit by Labor Strikes, Earnings Plunge\",\"isPartOf\":{\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-27T01:25:01+00:00\",\"dateModified\":\"2024-06-27T01:25:01+00:00\",\"author\":{\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Detroit\",\"breadcrumb\":{\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/27\/detroit-casinos-see-revenue-drop-in-november-amid-labor-disputes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/secretnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Detroit Casinos See Revenue Drop in November Amid Labor Disputes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/secretnodepositbonuscodes.icu\/\",\"name\":\"Your Gateway to a World of Licensed Online Casino Entertainment\",\"description\":\"Experience the thrill of licensed online gambling with our up-to-date news, in-depth reviews, and expert articles. 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