It was the fifth time this year the retail sports betting win rate was below 4%, and the year-to-date hold is 3.4%, as operators have collected $3.4 million in gross revenue. The trio combined to post a 3.3% hold to claim $327,291 in gross revenue. Many of the wagers they did accept were winners for the public. The city’s three brick-and-mortar sportsbooks have accepted $99.8 million in wagers through the first eight months of the year, compared to $187.4 million for the same period in 2022. The $10 million-plus handle was down 8.8% compared to last August and steepened the year-to-date decline to 46.8%. Retail sports wagering continued to be notably lighter compared to last year. MGM Grand and MotorCity Casino had small year-over-year declines, with MGM Grand down 1.7% and MotorCity off 5%. Greektown Casino continued its banner year, with revenue ticking 11.7% higher against August 2022. ![]() ![]() The venues produced $104.6 million in casino gaming revenue, an increase of less than $100,000 compared to last August. The Michigan Gaming Control Board reported $104.9 million in total gaming revenue from its three Detroit casinos for August on Tuesday, with casino revenue practically flat compared to last year.
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