Gambling in the USA
Detroit Casinos Report $109.44M in April Revenue
![](https://gamingamericas.com/wp-content/uploads/2024/05/7-5.jpg)
The three Detroit casinos reported $109.44 million in monthly aggregate revenue (AGR) for the month of April 2024, of which $107.87 million was generated from table games and slots, and $1.57 million from retail sports betting.
The April market shares were:
- MGM, 46%
- MotorCity, 30%
- Hollywood Casino at Greektown, 24%
Monthly Table Games, Slot Revenue, and Taxes
The casinosâ revenue for table games and slots for the month of April 2024 decreased 1.6% when compared to the same month last year. Aprilâs monthly revenue was 11.8% lower when compared to the previous month, March 2024. From Jan. 1 through April 30, the Detroit casinosâ table games and slots revenue decreased by 1.6% compared to the same period last year.
The casinosâ monthly gaming revenue results were mixed compared to April of last year:
- MGM, down 0.7% to $49.86 million
- MotorCity, down 4.5% to $32.68 million
- Hollywood Casino at Greektown, up 0.6% to $25.33 million
In April 2024, the three Detroit casinos paid $8.74 million in gaming taxes to the State of Michigan. They paid $8.88 million for the same month last year. The casinos also reported submitting $12.8 million in wagering taxes and development agreement payments to the City of Detroit in April.
Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $15.28 million in total retail sports betting handle, and total gross receipts were $1.57 million for the month of April. Retail sports betting qualified adjusted gross receipts (QAGR) were up by $1.5 million in April when compared to the same month last year. Compared to March 2024, April QAGR was down by 1.7%.
April QAGR by casino was:
- MGM: $475,492
- MotorCity: $516,812
- Hollywood Casino at Greektown: $578,131
During April, the casinos paid $59,362 in gaming taxes to the state and reported submitting $72,554 in wagering taxes to the City of Detroit based on their retail sports betting revenue.
Fantasy Contests
For March 2024, fantasy contest operators reported total adjusted revenues of $494,162 and paid taxes of $41,510.
Gambling in the USA
National Voluntary Self-Exclusion Program Adds Free Support for California
![](https://gamingamericas.com/wp-content/uploads/2024/06/9-6.jpg)
Following the announcement of free self-exclusion support for Colorado, Iowa, Michigan, and Tennessee, The National Voluntary Self-Exclusion Program (NVSEP) announced that, beginning this August, individuals in California will have a simple, no-cost way to take the proactive step of voluntary self-exclusion to address their gambling through NVSEP.
NVSEP is working closely with the California Council on Problem Gambling to ensure that the program fills a great need for Californians.
Robert Jacobson, Executive Director of the California Council on Problem Gambling, stated: âCalifornia self-exclusion is a critical state program which allows individuals to request that a card room prevent them from gambling at, or in many cases entering, the premises for a designated period. This can be a crucial tool for those battling gambling addiction. However, enrolling in the program in person at a card roomâs premises can have a powerful triggering effect, potentially leading to a relapse or deterring the individual from self-excluding entirely.â
âRemotely excluding â i.e., mailing in a form â can be a great alternative; however, it requires that the enrollment form be notarized to verify the identity of the person submitting the form. For someone suffering from an addiction â especially one which causes severe financial hardships â each added barrier or cost makes it that much more difficult for them to take that first step on the road to recovery. NVSEPâs offer of free notarization services for those enrolling in Californiaâs self-exclusion program removes a significant barrier, potentially having a tremendously positive impact on countless Californians dealing with gambling addiction by making one of our most vital prevention and recovery tools more accessible,â said Mr. Jacobson.
Jonathan Aiwazian, CEO of idPair, said: âNVSEP is singularly focused on expanding free and simple access to voluntary self-exclusion to those who need it. This announcement has the potential to help many of the tens of millions of people who either call California home or make it a travel destination and need a free and effective way to protect themselves.â
Gambling in the USA
IGTâs Whitney Houston Slots Take Center Stage at Casinos Across the US
![](https://gamingamericas.com/wp-content/uploads/2024/06/2-5.jpg)
International Game Technology PLC announced that it has released the highly anticipated Whitney Houston Slots game, giving players across the US an exciting new entertainment opportunity at their favorite casinos. The dazzling game is bringing the âVoice of a Generationâ to a growing list of casinos, delivering an immersive experience that is sure to captivate Whitney Houston fans and slot enthusiasts alike.
âIGT is thrilled to bring the new star-studded Whitney Houston Slots game to casino floors across the US. Whitney Houston slots exemplifies IGTâs winning formula for licensed game themes: a world-class entertainment experience combined with a precise alignment of the licensed theme fan base and the slot player demographic,â said Nick Khin, IGT Chief Operating Officer, Gaming.
IGTâs Whitney Houston Slots was created in collaboration with The Estate of Whitney E. Houston and Primary Wave Music, resulting in a high-energy casino experience that authentically captures the talents and energy of the global superstar. Hereâs what Whitney Houston fans and slot players should know about the game:
- Delivers a Concert-Like Experience. Casino guests will feel the beat of a legacy of chart-topping music while playing Whitney Houston Slots. The game features hit songs such as âI Wanna Dance with Somebody,â âSo Emotional,â and âHow Will I Know, which are brought to life through a synchronized audio and video experience on the towering SkyRise cabinet.
- Incorporates a Variety of Music-Inspired Elements. From game symbols to bonus content, the game is infused with iconic Whitney Houston concert footage and famous photos. One of many game highlights is its interactive platinum record collection-pot feature, where players collect platinum record symbols that land on the reels, which may then spill back into the game to trigger the Respin Bonus.
- Features Jackpots that Will Make Players Want to Dance. Pairing mega star power with big win potential, Whitney Houston Slots features four highly entertaining jackpots, including the top-level $500,000 wide area progressive jackpot. The game also incorporates gameplay mechanics that seasoned slots players know and love, including a dedicated lock and respin bonus, Cash on Reels, Stacked Wilds, and free games.
- Creates a Must-See Spectacle on the Gaming Floor. Certain to capture attention across the gaming floor, Whitney Houston Slots is housed on IGTâs newest hardware technology, the SkyRise cabinet. The SkyRise cabinet stands over 11 feet tall and features two 55-inch, 4K resolution curved-edge LCD screens to deliver vivid graphics, state-of-the-art sound, and optimized lighting design. When four of these cabinets are placed in a side-by-side bank configuration, the top screens of all four units seamlessly integrate and synchronize images to create a concert-like video wall.
Gambling in the USA
MGM Resorts International Announces Agreement to Acquire Tipico’s U.S. Sportsbook
![This acquisition is the second major investment by LeoVegas, following the acquisition of game developer Push Gaming in 2023.](https://gamingamericas.com/wp-content/uploads/2024/06/sandro-schuh-HgwY_YQ1m0w-unsplash.jpg)
MGM Resorts International (NYSE: MGM) (“MGM Resorts” or the “Company”) today announced that its subsidiary, LeoVegas Group (“LeoVegas”), has entered into an agreement to acquire the product and technology platform constituting the U.S sportsbook and online casino from Tipico Group Ltd (“Tipico”).
This acquisition is the second major investment by LeoVegas, following the acquisition of game developer Push Gaming in 2023. The acquisition will allow LeoVegas to operate a purpose-built proprietary sportsbook across all international markets and brands, with the exception of those exclusive to the BetMGM JV, with a focus on a clean, fast consumer experience with top-class product, pricing and functionality.
Tipico will wind down its U.S. operations prior to the closing of the acquisition. As part of the transaction, LeoVegas will acquire certain of Tipico’s U.S. facing management, technology and trading teams across the U.S., Colombia and Europe.
“The acquisition of Tipico’s award winning U.S. platform marks a significant milestone in the strategic development of MGM Resorts’ global digital gaming business, allowing us to operate a proprietary sports betting platform,” said Gary Fritz, President, MGM Resorts International Interactive, “This acquisition gives us control of our entire technology ecosystem, and we are delighted to bring Tipico’s U.S. team, with their track record of developing high quality product and pricing capabilities, into our business.”
LeoVegas CEO Gustaf Hagman added: “By controlling our own sportsbook technology, we ensure that we will deliver the world’s greatest iGaming experience to customers across all our markets and brands. Powering our strong brands with a competitive and innovative sports product will enable us to grow and strengthen our sportsbook offering in both new and existing markets. I look forward to welcoming the talented teams from Tipico’s U.S. business into the LeoVegas Group very soon.”
The transaction is subject to customary closing conditions and is expected to be completed in the third quarter of 2024.
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