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iGaming Business

Michigan online gambling revenue hits record $2.30bn in 2023

Revenue for 2023 was 18.3% higher than the $1.98bn generated in Michigan in 2022. It also far exceeds the $1.40bn from the first year of legal betting in 2021. Reported figures include licensed commercial and tribal igaming operators in Michigan. Breaking this down, $1.90bn of total revenue came from igaming and $420.4m gross sports betting…
Law
Michigan online gambling revenue hits record $2.30bn in 2023
WXYZ

Detroit casinos report nearly $120M in revenue last month, $1.237B for 2023

DETROIT (WXYZ) - During December of 2023, Detroit's three casinos reported $116.2 million in monthly aggregate revenue (AGR) with $111.4 million generated solely from table games and slots, and $4.8 million from sports betting. According to the Michigan Gaming Control Board (MGCB), December's revenue among the three casino's represents the…
Finance
Wild Casino
Yogonet

Detroit casinos record $82.8M revenue in October amid strike challenges

Detroit's three casinos collectively reported monthly aggregate revenue (AGR) of $82.8 million for October. This figure includes $81.7 million from table games and slot machines, plus $1.1 million from retail sports betting. MGM Grand Detroit led the market share with 46% , followed by MotorCity Casino with 31% , and Hollywood Casino at…
Finance
Detroit casinos record $82.8M revenue in October amid strike challenges
State of Michigan

Detroit casinos report $82.8M in October revenue

DETROIT, Nov. 14, 2023 - The three Detroit casinos reported $82.8 million in monthly aggregate revenue (AGR) for the month of October 2023, of which $81.7 million was generated from table games and slots, and $1.1 million from retail sports betting. The October market shares were: MGM, 46% MotorCity, 31% Hollywood Casino at Greektown, 23% Table…
Finance
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iGaming Business

Detroit casino revenue slips to $101.6m in September

Monthly aggregate revenue in Detroit was 1.7% lower than $103.4m September of 2022. It was also 3.2% behind $104.9m in August of this year. Of this total, some $100.0m came from table games and slots, a 0.8% decline from last year and down 4.4% from August. Retail qualified adjusted gross receipts (QAGR) in September amounted to $1.6m. This was…
Finance
Detroit casino revenue slips to $101.6m in September
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
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iGaming Business

Detroit casino revenue dips to $104.9m in August

Monthly aggregate revenue was lower than $106.1m in August 2022. The monthly total was also 2.2% behind the $107.2m reported in Detroit in July this year. Breaking this down, $104.6m came from table games and slots, up 0.1% on last year. Sports betting qualified adjusted gross receipts (QAGR) hit $322186 and handle $10.0m. MGM remains the market…
Finance
iGaming Brazil

Michigan online gambling revenue tops $176 million in July

Combined casino and online gambling revenue in Michigan increased 18.8% compared to the previous year to $176.1 million in July, while the state also posted a monthly increase. Gross revenues were comfortably above $148.2 million in July 2022 and also up 4% from $169.3 million in June of this year. The total also stopped three straight months of…
Industry
Michigan online gambling revenue tops $176 million in July
iGaming Business

Michigan online gambling revenue tops $176m in July

Gross receipts were comfortably ahead of $148.2m in July 2022 and also 4.0% more than $169.3m in June this year. The total also halted three consecutive months of decline in Michigan. Online casino gaming gross receipts reached $153.6m in July, up 21.3% on last year and 1.7% ahead of June's total. Gross sports betting receipts were 4.2% higher…
Finance
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Yogonet

Detroit casinos report $107.2M in gaming revenue during July, driven by online

The three casinos in Detroit, Michigan, have reported $107.2 million in monthly aggregate revenue during July, an 8.29% decline on a yearly basis, but an increase of 8.72% from the previous month, according to the latest report from the Michigan Gaming Control Board. Table games and slots generated $106.7 million in revenue while retail sports…
Finance
Detroit casinos report $107.2M in gaming revenue during July, driven by online
World Casino News

3 Detroit Casinos Renew Licenses; Reveal $107.2M In Profits

Throughout its scheduled public meeting, the Michigan Gaming Control Board (MGCB) voted unopposed to validate license extensions for MotorCity Casino, MGM Grand Detroit and Hollywood Casino at Greektown, aka Detroit's 3 licensed casinos. The next renewal process is scheduled for August 2024. In addition, the same casinos revealed revenue data for…
Law
3 Detroit Casinos Renew Licenses; Reveal $107.2M In Profits
State of Michigan

Detroit casinos report $107.2M in July revenue

DETROIT, Aug. 15, 2023 - The three Detroit casinos reported $107.2 million in monthly aggregate revenue for the month of July 2023, of which $106.7 million was generated from table games and slots, and $477543 from retail sports betting. The July market shares were: MGM, 47% MotorCity, 29% Hollywood Casino at Greektown, 24% Table Games and Slot…
Finance
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State of Michigan

Detroit casinos report $101.5M in June revenue

DETROIT, July 18, 2023 - The three Detroit casinos reported $101.5 million in monthly aggregate revenue for the month of June 2023, of which $101.9 million was generated from table games and slots. Retail sports betting yielded a negative $395606, in large part due to a patron successfully winning $972000 at MotorCity Casino on June 18. The June…
Finance
State of Michigan

Detroit casinos report $105.6M in May revenue

DETROIT, June 13, 2023 - The three Detroit casinos reported $105.6 million in monthly aggregate revenue for the month of May 2023. Table games and slots generated $104.7 million in revenue while retail sports betting produced revenue of $893732. The May market shares were: MGM, 47% MotorCity, 31% Hollywood Casino at Greektown, 22% Table Games and…
Finance
Yogonet

Detroit casinos report $119.2M in gaming revenue during March, driven by online

Detroit's three casinos have reported their March financial results, showing $119.2 million in monthly aggregate revenue. Table games and slots generated $117.8 million, a 2.6% decrease from the same period last year, while retail sports betting produced $1.4 million. As reported by the Michigan Gaming Control Board, market shares during March were…
Finance
State of Michigan

Detroit casinos report $119.2 million in March monthly aggregate revenue

Detroit, April 11, 2023 - The three Detroit casinos reported $119.2 million in monthly aggregate revenue in March. Table games and slots generated $117.8 million in revenue, and retail sports betting produced $1.4 million in revenue. Market shares during March were: MGM, 46% Motor City, 30% Hollywood Casino at Greektown, 24% In March 2022, the…
Finance
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Casino City Times

Detroit casinos report $119.2 million in March 2023 monthly aggregate revenue

Gaming News 11 April 2023 (PRESS RELEASE) -- The three Detroit casinos reported $119.2 million in monthly aggregate revenue in March. Table games and slots generated $117.8 million in revenue, and retail sports betting produced $1.4 million in revenue.Market shares during March were: - MotorCity Casino, 30% - Hollywood Casino at Greektown, 24%In…
Finance
Yogonet

Detroit casinos see revenue up by 10% to $105.5M in February

Detroit's three casinos have reported their February financial results, showing $105.5 million in monthly aggregate revenue. Table games and slots generated $105 million, a 9% increase from the same period last year, while retail sports betting produced $458752. Overall revenue increased by almost 10%. As reported by the Michigan Gaming Control…
Finance
State of Michigan

Detroit casinos report $105.5 million in February monthly aggregate revenue

Detroit, March 13, 2023 - The three Detroit casinos reported $105.5 million in monthly aggregate revenue in February. Table games and slots generated $105 million in revenue while retail sports betting produced $458752. Market shares during February were: MGM, 47% MotorCity, 30% Hollywood Casino at Greektown, 23% Table Games and Slot…
Finance
State of Michigan

Detroit casinos report $103.5 million in January monthly aggregate revenue

Detroit, February 14, 2023 - The three Detroit casinos reported $103.5 million in monthly aggregate revenue in January. Table games and slots generated $103.4 million in revenue while retail sports betting produced $111023. Market shares during January were: MGM, 48% Motor City, 30% Hollywood Casino at Greektown, 22% Table Games and Slot…
Finance
State of Michigan

Detroit casinos produce $1.276 billion in aggregate revenue during 2022

Detroit, January 10, 2023 - The three Detroit casinos reported $1.276 billion yearly revenue in 2022. Slots generated 77% of revenue at $983.7 million, table games provided 21% of revenue at $273.3 million and retail sports betting added 2% of revenue at $18.8 million. By comparison, the casinos produced $1.294 billion in aggregate revenue in…
Finance
State of Michigan

Detroit casinos report $101.8 million in November monthly aggregate revenue

Detroit, Dec. 13, 2022 - The three Detroit casinos reported $101.8 million in monthly aggregate revenue in November. Table games and slots generated $99.9 million in revenue while retail sports betting produced $1.9 million. Market shares during November were: MGM, 47% MotorCity, 30% Hollywood Casino at Greektown, 23% Table Games and Slot…
Finance
State of Michigan

Detroit casinos report $102.8 million in October monthly aggregate revenue

Detroit, Nov. 14, 2022 - The three Detroit casinos reported $102.8 million in monthly aggregate revenue in October. Table games and slots generated $100.7 million in revenue while retail sports betting generated a $2.1 million. Aggregate revenue declined nearly 10% compared with $114.1 million in monthly aggregate revenue reported for October…
Finance
Casino City Times

Detroit casinos report $102.8 million in October revenue

Gaming News 14 November 2022 (PRESS RELEASE) -- The three Detroit casinos reported $102.8 million in monthly aggregate revenue in October. Table games and slots generated $100.7 million in revenue while retail sports betting generated a $2.1 million. Aggregate revenue declined nearly 10% compared with $114.1 million in monthly aggregate revenue…
Finance
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
Detroit casino revenue declines in September
State of Michigan

Detroit casinos produce $1.29 billion in aggregate revenue during 2021

Detroit, January 11, 2022 - The three Detroit casinos reported $1.294 billion yearly revenue in 2021. Slots generated 77% of revenue at $998.8 million, table games provided 21% of revenue at $268 million and retail sports betting added 2% of revenue at $26.95 million. By comparison, the casinos produced nearly $639 million in aggregate revenue in…
Finance
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
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
Detroit casinos report $103.4 million monthly aggregate revenue in September; quarterly revenue declines 7%
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
Gambling Insider

Detroit casinos report $107.2m in July revenue

The Michigan Gaming Control Board has published July financial results for three Detroit casinos, MGM Grand Detroit, MotorCity Casino and Penn National's (now Penn Entertainment's) Hollywood Casino at Greektown. The three casinos reported $107.2m in monthly aggregate revenue, with monthly market shares of 48% for MGM Grand Detroit, 33% for…
Finance
Detroit casinos report $107.2m in July revenue
State of Michigan

Detroit casinos report $107.2 million monthly revenue in July

Detroit, Aug. 9, 2022 - The three Detroit casinos reported $107.2 million in monthly aggregate revenue during July. Table games and slots produced $105.9 million in revenue, and retail sports betting generated $1.3 million. Monthly market shares were: MGM, 48% MotorCity, 33% Hollywood Casino at Greektown, 19% Table Games and Slot Revenue and…
Finance
World Casino News

MGM Grand Detroit led July casino revenue

In Michigan, the city of Detroit's trio of commercial casinos including MGM Grand, MotorCity and Hollywood Casino at Greektown has collectively reported monthly revenue for July of $107.2 million, some $8.6 million shy of June's monthly aggregate revenue of $98.6 million, according to figures released this week by the midwestern state's gaming…
Finance
MGM Grand Detroit led July casino revenue
iGaming Business

Michigan online gambling revenue declines for third consecutive month in June

Gross internet gaming and sports betting receipts from commercial and tribal operators were up 19.9% from $114.2m in June 2021, but 14.9% lower than $160.9m in May of this year. Internet gaming gross receipts were 36.2% higher year-on-year at $121.5m. Sports betting gross receipts amounted to $15.4m, down 38.4% on last year, despite a 14.8%…
Finance
Michigan online gambling revenue declines for third consecutive month in June
State of Michigan

Detroit casinos report $98.6 million monthly revenue in June and steady quarterly revenue

Detroit, July 14, 2022 - The three Detroit casinos reported $98.6 million in monthly aggregate revenue during June. Table games and slots generated $98.2 million in revenue, and retail sports betting produced $448703 in revenue. Monthly market shares were: MGM, 49% MotorCity, 34% Hollywood Casino at Greektown, 17% Table Games and Slot Revenue and…
Finance
iGaming Business

Detroit casino revenue up 8.0% YoY in March

The Michigan Gaming Control Board (MGCB) said the rise was primarily due to the casinos operating at reduced capacity in March last year as a result of novel coronavirus (Covid-19) measures in the state. However, it was also noted that the March 2022 figure was higher than the $94.7m posted in February of this year, representing a 29.8%…
Finance
Detroit casino revenue up 8.0% YoY in March
Gambling Insider

Detroit’s casinos report $100.9m in revenue for January

The MGM Grand led Detroit's commercial gaming establishments for January, reporting $48.65m in revenue, just under half of the combined casinos' monthly total. Altogether, the city's three commercial properties recorded $100.9m in monthly aggregate revenue, almost all of which came from table games and slots. Up 14% when compared to January 2021,…
Finance
Detroit’s casinos report $100.9m in revenue for January
Gambling Insider

Michigan casinos report $114.1m in revenue for October 2021

The Great Lakes State saw its three non-tribal casinos, all located in Detroit, report $114.1m in monthly aggregate revenue for October, according to the Michigan Gaming Control Board (MGCB). The MGM Grand Detroit came away with the largest slice of the pie, claiming 47% of the market share, while MotorCity was in second place with 33% and…
Land-based
Michigan casinos report $114.1m in revenue for October 2021
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
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
Detroit casinos earn $110.4m in aggregate revenue for September
Yogonet

Detroit casinos report $113.82M in revenue during August

Table games and slots generated $112.17 million in revenue, while retail sports betting posted $1.65 million. All three casinos in Detroit saw higher monthly revenue when compared to August 2020: table games and slots revenue was up 61.7%. Detroit's three casinos have reported $113.82 million in monthly aggregate revenue in August, revealed on…
Finance