Detroit casino revenue makes year-on-year recovery in August

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State of Michigan

Detroit casinos report $101.6M in September revenue

DETROIT, Oct. 27, 2023 - The three Detroit casinos reported $101.6 million in monthly aggregate revenue for the month of September 2023, of which $100 million was generated from table games and slots, and $1.6 million from retail sports betting. The September market shares were: MGM, 44% MotorCity, 31% Hollywood Casino at Greektown, 25% Table Games…

Finance ・ 27 October 2023

Casino City Times

Detroit casinos report $101.6 million in September 2023 revenue

Finance ・ 03 November 2023

Yogonet

Detroit casinos report $104.9 million August revenue, dipping slightly from July's $107.2 million

The three Detroit casinos - MGM Grand Detroit, MotorCity, and Hollywood Casino at Greektown - reported $104.9 million in monthly aggregate revenue for the month of August 2023. The figure indicates a 1.1% year-on-year drop and was also 2.2% behind the $107.2 million reported in July this year. Of this amount, $104.6 million was generated from table…

Finance ・ 14 September 2023

Casino City Times

Detroit casinos report $104.9 million in August revenue

Finance ・ 13 September 2023

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Yogonet

Detroit casinos report 2.9% year-on-year revenue increase to $101.5M in June

The three land-based casinos in Detroit, Michigan have reported a 2.9% year-on-year increase in revenue for June, bringing in a total of $101.5 million. This figure represents a $2.9 million increase compared to the same period in 2022 when the casinos achieved $98.6 million in revenue. However, it is worth noting that June's figure shows a 3.9%…

Finance ・ 24 July 2023

The Day

In a year, casinos’ online gaming revenue increased by 57%

Gamblers have increasingly taken to the casinos' online gaming sites in their first year of operation, year-over-year revenue comparisons for November show. Last month's numbers, posted this week by the state Department of Consumer Protection's Gaming Division, afford the first year-over-year comparison of a full month's results. Online casino…

Finance ・ 17 December 2022

Gambling News

GGR for Massachusetts Casinos Hits $94M in September

The gambling regulator in Massachusetts, the Massachusetts Gaming Commission (MGC), released its latest report outlining the gambling revenue figures reported by licensed operators for September. On Monday, the MGC revealed that the three venues, MGM Springfield, Encore Boston Harbor and Plainridge Park Casino, generated approximately $94 million…

Winnings ・ 19 October 2022

iGaming Business

Detroit casino revenue declines in September

Total revenue for the month amounted to $103.4m (£92.1m/€106.2m), which was 2.5% lower than $106.1m in August this year and also 6.3% down from $110.4m in September of 2021. Slots and table games accounted for $100.8m of revenue in September, down 5.7% from $106.9m in the same month last year and also 3.5% lower than $104.4m in August of this…

Finance ・ 29 October 2022

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Yogonet

Detroit casinos see gambling revenue decrease by 7% to $311M in third quarter

The Michigan Gaming Control Board released the financial results for the state's casinos in the third quarter. The three Detroit casinos reported a 7% decline to $311.1 million in aggregate revenue for Q3 when compared with the same period last year. Quarterly gaming revenue by property fell across the board compared with the third quarter of…

Finance ・ 13 October 2022

The Detroit News

Detroit casino revenues slide in the third quarter

Detroit's casinos generated $103.4 million in aggregate revenue in September and closed the third quarter with a 7% revenue slide for the July-September period, according to numbers released Wednesday by the Michigan Gaming Control Board. The three casinos - MGM Grand Detroit, MotorCity Casino Hotel and Hollywood Casino at Greektown - generated…

Finance ・ 26 October 2022

State of Michigan

Detroit casinos report $103.4 million monthly aggregate revenue in September; quarterly revenue declines 7%

Detroit, Oct. 12, 2022 - The three Detroit casinos reported $103.4 million in monthly aggregate revenue in September. Table games and slots generated $100.8 million in revenue while retail sports betting produced $2.6 million in revenue. September market shares were: MGM, 48% MotorCity, 31% Hollywood Casino at Greektown, 21% September Table Games…

Finance ・ 13 October 2022

iGaming Business

Detroit casino revenue makes year-on-year recovery in August

Table games and slots made up $104.4m of this, down by 6.9% from August 2021 and also down 1.4% from July. Detroit's MGM casino contributed $50.3m of this, a fall of 3.7% year-on-year, while MotorCity brought in $32.3m - declining by 11.5%. Hollywood Casino at Greektown generated the remaining $21.8m in revenue, down by 6.7% year-on-year. In total,…

Finance ・ 16 September 2022

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Gambling News

Detroit Casino Results Decline in August, Remain Fairly Resilient

The three Detroit casinos reported monthly aggregate revenue of $106.14 million for the month of August 2022. The results were driven by slots and table games in the casinos with the total revenue from these two segments reaching $104.48 million while sports betting bringing in another $1.66 million in revenue for the surveyed period. Once again,…

Law ・ 14 September 2022

State of Michigan

Detroit casinos report $106.14 million monthly aggregate revenue in August

Detroit, Sept. 13, 2022 - The three Detroit casinos reported $106.14 million in monthly aggregate revenue in August. Table games and slots generated $104.48 million in revenue while retail sports betting produced $1.66 million in revenue. August market shares were: MGM, 48% MotorCity, 31% Hollywood Casino at Greektown, 21% Table Games and Slot…

Finance ・ 14 September 2022

Yogonet

Detroit casinos report flat $108M revenues during May; only MGM Grand up from prior-year

The Michigan Gaming Control Board reported this week that Detroit's three casinos have collectively made $108.7 million in revenue in May, flat and down less than 1% from May 2021's numbers. Revenues from table games and slots fell 1.5% year-over-year to nearly $106.3 million, and down 9.1% from April this year. Retail sports betting produced wins…

Finance ・ 08 July 2022

Gambling News

Detroit Casinos Doubled Combined 2020 Revenue Last Year

2021 ended up being a good year for casinos in Detroit, MI. They came off a slow, COVID-19-ridden 2020 to recover some of their losses. However, they'll need to continue to do better this year if they want to get back on track. Still, increasing revenue by over 100% from one year to the next is a solid jump. Detroit's three casinos saw several good…

Finance ・ 12 January 2022

Yogonet

Detroit's casinos report $110.4M revenue for Sept., still below prepandemic figures

he Michigan Gaming Control Board released Tuesday the report on the numbers for Detroit's three casinos during September, which have brought in $110.4 million in revenue, accounting for a 25% increase in a year-over-year comparison; and a 2% decrease compared to September 2019. For the month, table games and slots generated $106.9 million in…

Finance ・ 14 October 2021

SBC Americas

Detroit casinos earn $110.4m in aggregate revenue for September

Detroit's three casinos reported $110.4m in monthly aggregate revenue for September. Table games and slots generated $106.9m in revenue, and retail sports betting produced $3.5m in revenue. September's $110.4m is up on the previous year's $87.9m monthly aggregate revenue, achieved while operating at 15% capacity due to COVID-19 health concerns. The…

Finance ・ 13 October 2021

Gambling News

Detroit Casinos’ September Revenue Is $110.4 Million, According to MGCB

According to the numbers released by the Michigan Gaming Control Board (MGCB) on Tuesday, the three casinos in Detroit had total revenue of $110.4 million in September. Compared to the revenue of September last year, which was $87.9 million, that is a 25% increase. However, it is worth noting that in September 2020, the facilities were operating at…

Finance ・ 13 October 2021

Casino City Times

Detroit casinos report $110.4 million in aggregate revenue for September

Finance ・ 14 October 2021

NJ Spotlight News

Year-to-date gaming revenue reaches $3 billion

Measured year to date, New Jersey's gaming industry took in a total of $2.99 billion, up 84.8% over the prior year's $1.62 billion. The New Jersey Division of Gaming Enforcement notes that Atlantic City casinos were closed from March 16, 2020 to July 2, 2020. Internet casino gaming and online sports wagering continued, though most sports-wagering…

Finance ・ 21 September 2021

The Detroit News

Detroit casinos net $113.8 million in revenue in August

Detroit's three casinos netted more than $113.8 million in revenue in August, the Michigan Gaming Control Board reported Tuesday. Table games and slots at MGM Grand Detroit, MotorCity Casino Hotel and Greektown Casino collectively generated $112.17 million in revenue, while retail sports betting brought in $1.65 million, according to the state…

Finance ・ 14 September 2021

The Detroit News

Detroit casino September revenues down 21.7% at 15% capacity

Revenue from slots and table games at Detroit's three casinos fell 21.7% year-over-year in September as they operated at 15% capacity due to health concerns related to the novel coronavirus. Revenues totaled $87.9 million last month, according to the Michigan Gaming Control Board. Taxes on those earnings represent a significant source of income for…

Finance ・ 07 May 2021