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Gambling in the USA

Detroit Casinos Report $94.4M in January Revenue

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The three Detroit casinos reported $94.4 million in monthly aggregate revenue (AGR) for the month of January 2024, of which $93.9 million was generated from table games and slots, and $500,221 from retail sports betting.

The January market shares were:

  • MGM, 48%
  • MotorCity, 30%
  • Hollywood Casino at Greektown, 22%

Monthly Table Games, Slot Revenue, and Taxes

January 2024 table games and slot revenue decreased 9.1% when compared to January 2023 revenue. January’s monthly revenue was also 15.7% lower than December 2023. From Jan. 1 through Jan. 31, the Detroit casinos’ table games and slots revenue decreased by 9.1% compared to the same period last year.

The casinos’ monthly gaming revenue results were all lower compared to January 2023:

  • MGM, down 11.3% to $44.6 million
  • MotorCity, down by 10.4% to $27.1 million
  • Hollywood Casino at Greektown, down by 2.9% to $22.2 million

In January 2024, the three Detroit casinos paid $7.6 million in gaming taxes to the State of Michigan. They paid $8.4 million for the same month last year. The casinos also reported submitting $11.2 million in wagering taxes and development agreement payments to the City of Detroit in January.

Monthly Retail Sports Betting Revenue and Taxes

The three Detroit casinos reported $24.2 million in total retail sports betting handle, and total gross receipts were $520,988 for the month of January. Retail sports betting qualified adjusted gross receipts (QAGR) in January were up by $389,197 when compared to the same month last year. Compared to December 2023, January QAGR was down by $4.3 million.

January QAGR by casino was:

  • MGM: $403,926
  • MotorCity: $1.1 million
  • Hollywood Casino at Greektown: negative ($1.0 million)

During January, the casinos paid $58,073 in gaming taxes to the state, compared to $4197 for the same period last year, and reported submitting $70,978 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests

For December 2023, fantasy contest operators reported total adjusted revenues of $484,140 and paid taxes of $40,668.

From Jan. 1 through Dec. 31, 2023, fantasy contest operators reported $21.8 million in aggregate fantasy contest adjusted revenues and paid $1.8 million in taxes.

Gambling in the USA

Play’n GO Announces Expansion of Rush Street Interactive Partnership with Pennsylvania Launch on BetRivers Platform 

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Swedish gaming giants’ games now live with leading operator Rush Street Interactive Incorporated in Michigan, West Virginia, New Jersey and ‘The Keystone State’

Play’n GO, the world’s leading casino entertainment provider, has today announced further expansion of its partnership with leading United States operator Rush Street Interactive Incorporated (NYSE: RSI) (RSI), which operates the BetRivers platform. The Swedish gaming giant’s content is now available with BetRivers in Pennsylvania.

Play’n GO has already had great success with RSI via the BetRivers brand in Michigan, New Jersey and West Virginia and this expansion sees the partnership extend to a fourth United States state. This announcement follows Play’n GO’s procurement of a Pennsylvania license in March and will see BetRivers players in Pennsylvania gain access to some classic titles from the Play’n GO catalogue including Reactoonz and Boat Bonanza.

Play’n GO is now licensed in six United States states and is aiming to be active in every regulated market in the United States and around the world.

“We’re excited to expand our United States offering into the great state of Pennsylvania and are proud to do so with the innovative and well-respected team at BetRivers, with whom we’ve already enjoyed such great success in recent months,” the North America Commercial Director for Play’n GO, Magnus Natt och Dag, said. “Play’n GO is committed to a safe, sustainable entertainment-led industry and we know that the team at BetRivers shares that same vision.”

“We’re very happy to be expanding our partnership with Play’n Go into Pennsylvania on our BetRivers platform,” the Chief Executive Officer for RSI, Richard Schwartz, said. “Play’n Go has an impressive portfolio of popular titles and we are thrilled to offer our BetRivers PA players its innovative and top-quality games.”

To find out more about working with Play’n GO in the United States and other regulated markets, please visit PlaynGO. com.

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Gambling in the USA

KT Group is the betting terminal of choice for the Kentucky Derby and Wrigley Field this season

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KT Group is excited to announce that its Whizz kiosks have been selected as the preferred self-service betting terminals for two iconic locations: the Kentucky Derby and Wrigley Field this season. This selection by Churchill Downs and DraftKings solidifies KT Group’s position as a leader in innovative self-service solutions.
Whizz kiosks offer superior quality, functionality, and versatility, ensuring a seamless and enhanced betting experience for patrons at these prestigious events. With industry leaders like Churchill Downs and DraftKings choosing Whizz kiosks, KT Group further strengthens its reputation as a trusted provider of cutting-edge self-service solutions in the betting industry.
The Kentucky Derby, often dubbed “The Run for the Roses,” stands as one of the most prestigious events in the world of horse racing. Held annually on the first Saturday in May at Churchill Downs in Louisville, Kentucky, the Derby attracts thousands of spectators and enthusiasts from around the globe.
“The Kentucky Derby’s rich heritage, dating back to 1875, is truly unmatched,” said Kenneth Larsen, founder of KT Group. “From the mint julep tradition to the stirring rendition of ‘My Old Kentucky Home,’ the event embodies Southern charm. We’re incredibly proud to be providing our products to be enjoyed by customers at such an iconic venue.”
Wrigley Field stands as an iconic symbol of baseball history and tradition. Located in Chicago, Illinois, Wrigley Field is the beloved home ballpark of the Chicago Cubs, one of Major League Baseball’s oldest and most storied franchises. Opening its gates in 1914, Wrigley Field has witnessed countless memorable moments and legendary players throughout its century-long history.
“Wrigley Field’s charm is undeniable,” said Kenneth Larsen, founder of KT Group. “From the ivy-covered walls to the iconic marquee, it’s a place steeped in baseball history.  And while the roar of the crowd during a close game is unmatched, Wrigley Field’s recent evolution into a multifaceted entertainment destination is exciting. We’re thrilled to be a part of providing fans with an unforgettable experience, whether they’re there for a Cubs game, a concert, or something entirely new.”
“We are incredibly proud to have our Whizz family of kiosks chosen as the betting terminals for esteemed venues like the Kentucky Derby and Wrigley Field,” says Kenneth “It’s an honour to partner with iconic brands such as Churchill Downs and DraftKings to provide cutting-edge self-service solutions for these landmark events.”
He continued, “The selection of Whizz kiosks for these high-profile events underscores our commitment to delivering cutting-edge technology and exceptional service to our clients. With a focus on innovation and customer satisfaction, KT Group continues to revolutionise the self-service industry, empowering businesses to enhance their operations and provide unparalleled experiences to their customers.”
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Gambling in the USA

BMM Testlabs Receives Official Accreditation to Test and Certify Payment Solutions for the Payment Card Industry Data Security Standard (PCI-DSS)

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Company offers a full suite of solutions to help gaming companies protect transactions, payments, and consumer data

BMM Testlabs (BMM; or the Company), the world’s original gaming test lab renowned for exceptional product compliance and certification services, today announced its official accreditation to test and certify products to ensure they adhere to the Payment Card Industry Data Security Standard (PCI-DSS). This accreditation underscores BMM Testlabs’ commitment to upholding the highest standards of security and compliance within the Gaming industry.

BMM is now a PCI Recognized Laboratory authorized by the Payment Card Industry Security Standards Council (PCI SCC) to perform security evaluations to help protect the people, processes, and technologies across the payment ecosystem to help secure payments and data worldwide.

BMM Testlabs Vice President of Security Services Julien Pottiez said, “As a trusted partner to the global gaming industry, we recognize the critical importance of maintaining the highest levels of security and compliance. Achieving accreditation to perform audits and tests against the PCI-DSS demonstrates our ongoing commitment to delivering unparalleled testing services that meet the evolving needs of our clients.”

Pottiez added, Today, the PCI-DSS standard is not only applicable to regulatory requirements, but is also proving essential in enhancing your security posture, maintaining your customersߣ trust and confidence, and reducing the risk of costly data breaches.

PCI-DSS is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. PCI-DSS compliance is especially important for iGaming operators and suppliers, point-of-sale systems and retailers, and any organization that processes payments to protect the integrity of the transaction and the consumerߣs financial data.

BMM`s comprehensive PCI-DSS solutions include compliance assessment, penetration testing, auditing, and iGaming regulatory certification.

 

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