{"id":276,"date":"2024-06-28T14:12:22","date_gmt":"2024-06-28T11:12:22","guid":{"rendered":"https:\/\/pacificspinscasinonodepositbonus.icu\/2024\/06\/28\/detroit-casinos-renew-licenses-maintain-revenue-stability\/"},"modified":"2024-06-28T14:12:22","modified_gmt":"2024-06-28T11:12:22","slug":"detroit-casinos-renew-licenses-maintain-revenue-stability","status":"publish","type":"post","link":"https:\/\/pacificspinscasinonodepositbonus.icu\/2024\/06\/28\/detroit-casinos-renew-licenses-maintain-revenue-stability\/","title":{"rendered":"Detroit Casinos Renew Licenses, Maintain Revenue Stability"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Oe679eUOXYw\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Michigan Gaming Control Board (MGCB) voted unanimously to grant renewed permits to Detroit&#8217;s three commercial gambling establishments.<\/p>\n<p>The permits for Detroit&#8217;s MGM Grand Detroit, MotorCity Casino, and Greektown Casino-Hotel will be extended until the following August.<\/p>\n<p>The city imposes an 18% adjusted gross receipts tax on the approved casinos. Gambling venues pay gaming taxes daily via electronic funds transfer.<\/p>\n<p>Michigan receives 8.1% of the gaming tax, the City of Detroit receives 9.9% of the gaming tax, and development agreement payments.<\/p>\n<p>Casinos are also taxed 8.4% on their retail sports betting qualified adjusted gross receipts (QAGR). Furthermore, each licensee pays an annual fee to cover the MGCB&#8217;s operational expenses.<\/p>\n<p>&#8220;Upholding High Standards&#8221;<\/p>\n<p>&#8220;Renewing the casino licenses reflects a continued commitment to operating a reputable and responsible establishment,&#8221; stated MGCB Executive Director Henry Williams. &#8220;This demonstrates a dedication to maintaining high standards of quality, safety, and fair competition within the industry.<\/p>\n<p>&#8220;The renewal of these licenses is a recognition of the casinos&#8217; commitment to operating as responsible and valuable corporate members in Michigan, who actively contribute to the state&#8217;s gaming industry while ensuring all patrons enjoy a secure and enjoyable experience.&#8221; <\/p>\n<p>The three gambling houses in Detroit brought in a total of $107.2 million in earnings during July, as per a recent report. Although this figure remains stable compared to the previous year, it signifies a slight upward trend from the preceding month.<\/p>\n<p>Slot machines and table games contributed approximately $106.7 million to the revenue, indicating a 0.7% rise from the same period last year. Sports betting earnings amounted to $485,763, showing a 62.0% decline year-on-year. However, the betting volume reached a significant $8 million.<\/p>\n<p>Sign up for the iGaming news bulletin. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Michigan Gaming Control Board (MGCB) voted unanimously to grant renewed permits to Detroit&#8217;s three commercial gambling establishments. The permits for Detroit&#8217;s MGM Grand Detroit, [&#8230;]<\/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 Get Renewed Gambling Permits<\/title>\n<meta name=\"description\" content=\"Michigan\" 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:\/\/pacificspinscasinonodepositbonus.icu\/2024\/06\/28\/detroit-casinos-renew-licenses-maintain-revenue-stability\/\" 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 Renew Licenses, Maintain Revenue Stability\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Michigan\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pacificspinscasinonodepositbonus.icu\/2024\/06\/28\/detroit-casinos-renew-licenses-maintain-revenue-stability\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unlock Your Casino Potential with Our Licensed Gaming Platform\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T11:12:22+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=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pacificspinscasinonodepositbonus.icu\/2024\/06\/28\/detroit-casinos-renew-licenses-maintain-revenue-stability\/\",\"url\":\"https:\/\/pacificspinscasinonodepositbonus.icu\/2024\/06\/28\/detroit-casinos-renew-licenses-maintain-revenue-stability\/\",\"name\":\"Detroit Casinos Get Renewed Gambling Permits\",\"isPartOf\":{\"@id\":\"https:\/\/pacificspinscasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-28T11:12:22+00:00\",\"dateModified\":\"2024-06-28T11:12:22+00:00\",\"author\":{\"@id\":\"https:\/\/pacificspinscasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Michigan\",\"breadcrumb\":{\"@id\":\"https:\/\/pacificspinscasinonodepositbonus.icu\/2024\/06\/28\/detroit-casinos-renew-licenses-maintain-revenue-stability\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pacificspinscasinonodepositbonus.icu\/2024\/06\/28\/detroit-casinos-renew-licenses-maintain-revenue-stability\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pacificspinscasinonodepositbonus.icu\/2024\/06\/28\/detroit-casinos-renew-licenses-maintain-revenue-stability\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/pacificspinscasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Detroit Casinos Renew Licenses, Maintain Revenue Stability\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pacificspinscasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/pacificspinscasinonodepositbonus.icu\/\",\"name\":\"Unlock Your Casino Potential with Our Licensed Gaming Platform\",\"description\":\"Explore the latest trends and opportunities in online gambling through our fresh casino news, honest game reviews, and informative insights. 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