The Greektown Casino-Hotel in Detroit will be renamed Hollywood Casino in the near future.
Focus Gaming News 11 days
#casino revenue drops to $106.1m in August The combined table games and slots revenue of MGM Grand #DetroitCasino, MotorCity and Greektown was down 6.9 per cent year-on-year.
Hollywood Casino at Greektown will be called Greek Town starting on May 1. The name of the casino will remain the same. DTE Energy took over the naming rights of GreekTown in 2001. The original name was reinstated this past January.
Greektown Casino-Hotel has a new name ahead of the unveiling of its newly renovated spaces. The biggest changes in the Michigan casino property in almost three years involve not only gambling at the casino but many of amenities as well.
Detroit's Greektown Casino-Hotel will be renamed Hollywood Casino.
The name of the Greektown Casino-Hotel will be changed to Hollywood Casino at Greek Town starting on Sunday, May 1. The name change is part of a $30 million renovation of both the hotel and the casino.
Hollywood Casino-Hotel in Detroit will be renamed Hollywood Casino at Greektown on May 1. The name change is custom to regulatory approvals. Other updates include new guestrooms, dining options, and tech features. Hollywood casino will host special events on 19 and 21 May to celebrate the rebranding. The festivities will feature entertainment, refreshments, free slot play for all members of mychoice, big giveaways, including luxury cruises, trips to Las Vegas, a Mercedes-Benz lease, etc. and improvements to the casino’s self-park and VIP garages.
Table games and slots accounted for $120.9m of all revenue generated during the month, up 9.1% year-on-year and 26.5% ahead of February this year. MGM Grand Detroit led the way with 46% market share, followed by MotorCity Casino on 33%, and Greektown Casino Hotel with 21%. The casinos paid the State of Michigan $9.8m in gaming tax during March.
Detroit received $26.6 million in iGaming and online sports betting tax revenue during Fiscal Year 2021. Detroit's auto plants and three retail casinos closed after March 2020 due to the spread of the coronavirus. The pandemic cost the Motor City about $348 million over the next 18 months.
Here's what Michigan Casinos are giving away on New Year's Eve. The final night of 2021 and the first day of 2022 are combined to give you a chance to cash in big.
Table games and slots generated $112.17 million in revenue in August. Retail sports betting posted $1.65 million. MGM Grand Detroit saw $52.24 million, MotorCity Casino Hotel $36.52 million and Greektown Casino-Hotel $23.41 million were all higher than August 2020. The casinos reopened in early August 2019 at 15% capacity after being closed for more than four months due to COVID-19 related restrictions.
There are fewer restrictions at Michigan casinos now. The masks required for those who have been vaccinated against COVID-19 are no longer required. However, the casinos still don't feel like they're back to normal. They are in the stage of learning to walk again before they can run.
The 13 licensed online casino and sportsbetting operators in the American state of Michigan saw their gross gaming revenues for June decrease by a little less than one percent month-on-month to hit $114.2 million. The associated sports Betting receipts grew by some 28% to top $25 million in June.
Detroit casino September revenues down 21.7% at 15% capacity. The casinos submitted $10.5 million in wagering taxes and development agreement payments to the city for September. They paid $7.1 million to Michigan, down 22% from last year. The control board hopes to license online gaming and sports betting by late fall. Final rules have been submitted to a legislative committee. It could waive review or call a hearing. Michigan has issued five internet gaming, four online sports bets provisional licenses.