traffic from Canada<\/a> is expected to flow to the sportsbooks just in time for NCAA March Madness.<\/p>\n<\/div>\nMobile wagering is being postponed until 2021, the Michigan Gaming Control Board saying more time is needed to finalize regulations governing online wagering.<\/p>\n
Sportsbook licenses cost $100,000 upfront, with an annual renewal at $50,000. The state will collect 8.4 percent of the net revenue from sports betting, and Detroit 3.25 percent.<\/p>\n
MGM Grand Detroit and Greektown took their first bets today at the 1 pm ET kickoff. MotorCity is launching its sports betting operations at 10 a.m. Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"
Detroit casinos collectively won $121.7 million last month, a 6.3 percent year-over-year increase. MGM Grand Detroit was the biggest winner in February, the casino floor raking in $52.6 million. MotorCity was second at $40.5 million, and Greektown third at $28.6 million. In the first two months of the year, the three commercial properties are 6.7 […]<\/p>\n","protected":false},"author":25,"featured_media":129498,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
Detroit Casinos Report 6.3 Percent Revenue Increase<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n