Detroit Casinos Doubled Combined 2020 Revenue Last Year

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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 ・ 10 January 2024

Casino City Times

Detroit casinos report $104.9 million in August revenue

Finance ・ 13 September 2023

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 ・ 10 January 2023

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

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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 ・ 10 August 2022

The Detroit News

Detroit casinos report $107.2 million in revenue for July

Detroit's three casinos collectively reported $107.2 million in monthly revenue in July, according to numbers released Tuesday by the Michigan Gaming Control Board. Table games and slots generated $105.9 million in revenue, while retail sports betting generated $1.3 million. Online gambling revenues are reported separately by the state. MGM Grand…

Finance ・ 09 August 2022

Yogonet

Detroit's three casinos report $1.2B in land-based revenue in 2021, below pre-pandemic

According to numbers released Tuesday by the Michigan Gaming Control Board, Detroit's three casinos have reported $1.294 billion in aggregate revenue in 2021, surpassing 2020 results, which were significantly impacted by the pandemic. However, they fell short of 2019's record total. 2021's revenue total exceeds the nearly $639 million in aggregate…

Covid ・ 13 January 2022

The Detroit News

Detroit casinos report $1.29 billion in revenue for 2021

Detroit's three casinos netted $1.294 billion in aggregate revenue in 2021, beating 2020 results that were significantly impacted by the pandemic but falling short of 2019's record total. The 2021 revenue total exceeds the nearly $639 million in aggregate revenue the three casinos - MGM Grand Detroit, MotorCity Casino and Greektown Casino -…

Finance ・ 11 January 2022

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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

The Detroit News

Detroit casinos bring in $110.4 million in revenue for September

Detroit's three casinos brought in $110.4 million in revenue in September, according to numbers the Michigan Gaming Control Board released Tuesday. That's up more than 25% from the $87.9 million the casinos reported in monthly aggregate revenue last September, when they were operating at 15% capacity under health restrictions tied to the COVID-19…

Finance ・ 12 October 2021

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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 ・ 18 September 2021

Yogonet

Detroit casino revenue sees 9% monthly increase in July

ccording to data released Tuesday by the Michigan Gaming Control Board, the three Detroit casinos reported $116.9 million in monthly aggregate revenue for July. July revenue was 9.3% higher than June results, as they perceived $108.1 million. Table games and slots generated $115.7 million, while retail sports betting generated $1.2 million. In…

Finance ・ 11 August 2021

Casino City Times

Detroit casinos report $116.9 million monthly aggregate revenue in July

Finance ・ 10 August 2021

Gambling News

Detroit’s Casinos Report $108.1 Million in Revenue for June

The Michigan Gaming Control Board has released Detroit's three casinos' revenue report for June after they were allowed to open to full capacity on June 22. The Michigan Gaming Control Board (MGCB) has announced that Detroit's three casinos have reported $108.1 million in aggregate revenue for June. The control board released the report on…

Finance ・ 14 July 2021

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The Detroit News

Detroit casinos generated $108.1 million in revenue in June

Detroit's three casinos collectively reported $108.1 million in aggregate revenue for the month of June, according to numbers released Tuesday by the Michigan Gaming Control Board. The casinos - MGM Grand Detroit, MotorCity Casino Hotel and Greektown Casino - were under capacity limits tied to the coronavirus pandemic for 21 of 30 days last month.…

Finance ・ 13 July 2021

Hartford Business

Detroit Casinos Report Nearly $109M in April Revenue

The three Detroit casinos reported $108.98 million in monthly aggregate revenue in April while continuing to operate at limited capacity due to COVID-19. This is down 3.1 percent month-over-month. Table and slot games generated $107.44 million in revenue, and retail sports betting produced revenue of $1.54 million. Through April 30, gaming revenue…

Finance ・ 12 May 2021

The Detroit News

As bettors flock back to casinos, Detroit venues netted $109M in April

Detroit's three casinos netted nearly $109 million in revenue in April, one year since the start of a coronavirus pandemic-related casino shutdown that wiped out revenues for four straight months in 2020. Even though the casinos continue to operate under capacity limits aimed at stopping the spread of COVID-19, the casinos were not too far off from…

Covid ・ 11 May 2021

The Detroit News

Detroit casinos repot $86.4 million in February revenue, a 29% decline

Detroit's three casinos reported $86.38 million in revenue for February, down nearly 29% from February 2020 - the last month before the coronavirus pandemic prompted casino closures and restrictions. The monthly aggregate revenue results from MGM Grand Detroit, MotorCity Casino and Greektown Casino reflect the second full month the venues were open…

Finance ・ 07 May 2021

Gambling News

Detroit’s Casino Industry Suffers 56.1% Revenue Drop in 2020

The Michigan Gaming Control Board reports a 56.1% year-on-year casino revenue drop in 2020 as a consequence of the pandemic. The Michigan Gaming Control Board (MGCB) has announced a staggering 56.1% year-on-year drop in revenue in Detroit's three casinos for 2020. According to the MGCB's report, Detroit's casino revenue for the 12 months to…

Finance ・ 19 January 2021

Gambling News

Detroit Casinos Report $101.4 Million Revenue in October, 18.9% Drop Year-on-Year

Aggregated revenue from Detroit's three casinos totaled $101.4 million while operating at 15% since reopening this summer. Detroit's three casinos reported $101.4 million in revenue in October. Compared with September's results, revenue increased by 6.7% . Casinos still operate at 15% capacity to limit the spread of Covid-19. Slot machines and…

Finance ・ 10 June 2021

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 ・ 21 October 2022