Detroit casinos reel in $101.4m during October

The Control Board has approved licence renewals for MGM Grand Detroit, MotorCity Casino and Greektown Casino.

US.- The three commercial casinos in Detroit brought in $101.4m in revenue during October despite operating at 15 per cent capacity.

Table games and slot machines contributed $93.8m, a 6.7 per cent increase from September. Sports betting adjusted gross revenues climbed 72.7 per cent month to month.

MGM Grand Detroit contributed $3.7m in adjusted gross receipts, followed by MotorCity Casino at $2.2m and Greektown Casino at $1.7m.

October was the second month of retail sports betting in the state. Although it got the green light back in March, properties were then instructed to close as a result of the Covid-19 pandemic.

The three establishments paid a total of $7.6m in taxes to the State of Michigan and $11.2m in wagering taxes and development agreement payments to the City of Detroit.

The Control Board has approved licence renewals for all three properties.