Detroit casinos feel effect of three-week closure

Revenue halved for Detroit’s three commercial casinos in November.

US.- Casino revenues in Detroit more than halved in November after they were ordered to close for three weeks due to a rise in Covid-19 cases.

The city’s three casinos reported $50.4m in monthly aggregate revenue for November, a 50.3 per cent decrease from $101.4m in October.

MGM Grand Detroit, MotorCity Casino and the Greektown Casino operated by Penn National Gaming were ordered to close by Governor Gretchen Whitmer on November 15.

Table games and slots across the three casinos pulled in $48.1m, down 61.3 per cent year-on-year and 48.7 per cent month-on-month.

The state of Michigan earned $3.9m in tax revenues, down from $10.1m for the same month last year.

Sports betting generated a handle of just over $25m, producing revenues of $2.3m. From that, the state received $90,000 in taxes and a further $107,999 to the City of Detroit.