Detroit casino revenue drops 3% in September

Detroit casino revenue drops 3% in September

Casinos took $110.4m in revenue, down from August but up 25.5 per cent from September 2020.

US.- According to numbers released by the Michigan Gaming Control Board, Detroit’s three casinos brought in $110.4m in revenue in September. This was a 3 per cent drop compared to August’s $113.8m, but a 25.5 per cent rise compared to September 2020, when casinos were operating at 15 per cent capacity ($87.9m).

MGM Grand Detroit generated the highest monthly gaming revenue, capturing the largest market share, 45 per cent ($48.4m), while MotorCity Casino Hotel held 34 per cent ($36.5m) and Greektown Casino 21 per cent ($22m).

Table games and slots generated revenue of $106.9m, while retail sports betting brought in the remaining $3.5m. 

In total, the casinos paid $8.7m in gaming taxes to the state of Michigan, up by $1.6m year-on-year and down $400,000 from the previous month.

The MGCB also released sports betting figures. MGM Grand brought in $1.3m. MotorCity generated $1.2m, and Greektown $883,813. The casinos paid $130,885 in retail sports betting taxes. Fantasy operators reported total adjusted revenue of $920,250.

See also: Detroit casinos generate $113.8m in revenue in August

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