{"id":276,"date":"2024-06-28T14:08:02","date_gmt":"2024-06-28T11:08:02","guid":{"rendered":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/28\/detroit-casinos-see-earnings-plunge-amid-labor-dispute\/"},"modified":"2024-06-28T14:08:02","modified_gmt":"2024-06-28T11:08:02","slug":"detroit-casinos-see-earnings-plunge-amid-labor-dispute","status":"publish","type":"post","link":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/28\/detroit-casinos-see-earnings-plunge-amid-labor-dispute\/","title":{"rendered":"Detroit Casinos See Earnings Plunge Amid Labor Dispute"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/twuw-cya-oI\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>Gambling houses in the Motor City experienced a decline in earnings due to the ongoing labor dispute, with October earnings plummeting to $82.8 million.<\/p>\n<p>The three commercial gambling establishments in Detroit witnessed a decrease in their earnings to $82.8 million (\u00a366.5 million\/\u20ac76.2 million) in October, as gambling venues in Michigan were impacted by the ongoing labor action.<\/p>\n<p>Certain gambling house employees in Detroit have been participating in a labor action since October 17. This has resulted in partial closures of gambling houses, with some facilities being closed for nearly a month.<\/p>\n<p>This inevitably affected the monthly performance in October, with earnings decreasing by 19.5% year-over-year, from $102.8 million to $82.8 million. October figures were also 18.5% lower than September\u2019s $101.6 million.<\/p>\n<p>Specifically, Detroits table games and slot machine earnings were $81.7 million, down 18.9% year-over-year. This figure was also 18.3% lower than the September total.<\/p>\n<p>The remaining $1.1 million was attributed to sports wagering qualified adjusted gross receipts (QAGR), which was down 46.3% from 2022. Sports wagering QAGR was also 28.6% lower than September.<\/p>\n<p>In terms of sports wagering handle, Detroit consumers wagered $18.1 million at gambling houses in October. This was a significant drop from $34.2 million in the same period last year, but it was flat compared to September 2023.<\/p>\n<p>MGM is the clear leader in the Detroit market.<br>\nExamining each gambling house, MGM is far ahead in Detroit. The venue has a 46% market share, with earnings of $37 million. <\/p>\n<p>Michigans trio of gambling establishments witnessed a collective $3 million in gaming and table game earnings during October, with sports wagering contributing an extra $365,705.<\/p>\n<p>MGM closely trailed, securing 31% of the Detroit market in October. The gambling house generated $25 million in gaming and table game revenue, coupled with $669,028 in sports betting earnings.<\/p>\n<p>Coming in third was Greektown Casino-Hotel, claiming a 23% market share for the month. The casino and table games brought in $19.4 million, while sports wagering produced $90,430.<\/p>\n<p>In terms of levies, the three gambling establishments paid $6.6 million in gaming taxes to the state of Michigan in October. Moreover, they paid $10.1 million in wagering taxes and development agreement payments to the city of Detroit.<\/p>\n<p>Regarding sports betting activity, it generated $42,531 in gaming taxes for the state of Michigan. The casinos also reported $51,982 in wagering taxes to the city of Detroit.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gambling houses in the Motor City experienced a decline in earnings due to the ongoing labor dispute, with October earnings plummeting to $82.8 million. The three commercial gambling establishments in Detroit witnessed a decrease in their earnings to $82.8 million (\u00a366.5 million\/\u20ac76.2 million) in October, as gambling venues in Michigan were impacted by the ongoing [&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 Dispute<\/title>\n<meta name=\"description\" content=\"Gambling revenue in Detroit takes a hit as casinos struggle with ongoing labor disputes, impacting October earnings.\" 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:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/28\/detroit-casinos-see-earnings-plunge-amid-labor-dispute\/\" 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 Earnings Plunge Amid Labor Dispute\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Gambling revenue in Detroit takes a hit as casinos struggle with ongoing labor disputes, impacting October earnings.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/28\/detroit-casinos-see-earnings-plunge-amid-labor-dispute\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Indulge in a Thrilling Casino Adventure | Licensed &amp; Trusted\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T11:08:02+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:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/28\/detroit-casinos-see-earnings-plunge-amid-labor-dispute\/\",\"url\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/28\/detroit-casinos-see-earnings-plunge-amid-labor-dispute\/\",\"name\":\"Detroit Casinos Hit by Labor Dispute\",\"isPartOf\":{\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#website\"},\"datePublished\":\"2024-06-28T11:08:02+00:00\",\"dateModified\":\"2024-06-28T11:08:02+00:00\",\"author\":{\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Gambling revenue in Detroit takes a hit as casinos struggle with ongoing labor disputes, impacting October earnings.\",\"breadcrumb\":{\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/28\/detroit-casinos-see-earnings-plunge-amid-labor-dispute\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/28\/detroit-casinos-see-earnings-plunge-amid-labor-dispute\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/28\/detroit-casinos-see-earnings-plunge-amid-labor-dispute\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Detroit Casinos See Earnings Plunge Amid Labor Dispute\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#website\",\"url\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/\",\"name\":\"Indulge in a Thrilling Casino Adventure | Licensed &amp; Trusted\",\"description\":\"Discover a world of exciting opportunities in online gambling with our regularly updated news, comprehensive reviews, and expert articles. 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