Gambling in the USA
Detroit Casinos Report $79.1M in November Revenue
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The three Detroit casinos reported $79.1 million in monthly aggregate revenue (AGR) for the month of November 2023, of which $76 million was generated from table games and slots, and $3.1 million from retail sports betting.
The November market shares were:
- MGM, 39%
- MotorCity, 34%
- Hollywood Casino at Greektown, 27%.
Table Games and Slot Revenue and Taxes
November 2023 table games and slot revenue decreased 23.9% when compared to November 2022 results. November monthly revenue was 7% lower than October 2023. From Jan. 1 through Nov. 30, the Detroit casinos’ table games and slots revenue decreased by 3.2% compared to the same period last year.
- MGM, down 34.4% to $30.6 million
- MotorCity, down 17.8% to $24.7 million
- Hollywood Casino at Greektown, down 10.8% to $20.7 million.
During November, the three Detroit casinos paid $6.2 million in gaming taxes to the State of Michigan. They paid $8.1 million for the same month last year.
The casinos reported submitting $9.4 million in wagering taxes and development agreement payments to the City of Detroit in November.
Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $15.3 million in total retail sports betting handle, and total gross receipts were $3.1 million for the month of November.
Retail sports betting qualified adjusted gross receipts (QAGR) were up by $1.2 million when compared to November 2022. November QAGR was up by $2.0 million compared to October 2023.
November QAGR by casino was:
- MGM: $230,847
- MotorCity: $2.2 million
- Hollywood Casino at Greektown: $657,535
During November, the casinos paid $116,769 in gaming taxes to the state and reported submitting $142,718 in wagering taxes to the City of Detroit based on retail sports betting revenue.
Fantasy Contests
For October, fantasy contest operators reported total adjusted revenues of $2.7 million and paid taxes of $229,544.
From Jan. 1 through Oct. 31, fantasy contest operators reported $19.5 million in aggregate fantasy contest adjusted revenues and paid $1.6 million in taxes.
Gambling in the USA
Revo Casino and Social House in Conway Holds Grand Opening
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Revo Casino and Social House in Conway, New Hampshire, has held its grand opening on Tuesday.
The Conway property is the latest addition to Revo’s growing presence in New Hampshire, joining locations in Dover, Lebanon, Manchester, and Keene.
Revo Casino and Social House’s new amenities include:
• Rebels: A bold dining experience with a full bar and great game-day energy. Revo’s signature restaurant serves up flavorful dishes like the Rebel Smash Burger, flatbread pizzas, and prime rib, making it the perfect spot to eat, drink and enjoy the action.
• Rebel Stage: Featuring live music every weekend.
• Revo Studio powered by iHeartMedia: An in-house broadcast center featuring live iHeart broadcasts. The studio also drives the Soundtrack of the Revolution, a curated music selection that sets the energy and vibe of the property.
Gaming Highlights: 75 thrilling casino machines, including Ultimate Fire Link Explosion, Huff N Even More Puff, and Devil’s Lock. Table games, including blackjack, roulette, and poker tables.
Speakers and guests at the event included Revo President Aaron Gomes, Executive Director of Mount Washington Valley Promotions Lisa DuFault, and the Mount Washington Valley Chamber of Commerce.
“It’s exciting to open Revo Casino and Social House and see the community’s enthusiasm for our gaming, entertainment and dining options. Beyond entertainment, Revo Casino and Social House will also support nonprofits across the Mount Washington Valley. We’re proud to be part of this community and contribute to its success,” said Gomes.
“This facility will make such an incredible difference for so many nonprofits in the Mount Washington Valley. The support that Revo Casino and Social House provides allows organizations like ours to better serve our communities and care for those in need. The impact is truly life changing,” said Lisa DuFault, Executive Director of Mount Washington Valley Promotions.
Gambling in the USA
Gila River Resorts & Casinos hosts $5.9 million Big Game prop play contest
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Gambling in the USA
Spinomenal makes US debut with New Jersey market entry
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Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
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