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

Author: Live Casino Direct
 
Detroit Casinos Report $101.4 Million Revenue in October, 18.9% Drop Year-on-Year
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Detroit's three casinos have generated $101.4 million in revenue since reopening this summer.

Detroit's three casinos reported $101.4 million in revenue in October. Casinos operate at 15% capacity to limit the spread of Covid-19. The aggregate revenue from January to October 2019 for table games and slots was $550 million. MGM Grand Detroit's gaming revenue fell by 22.7% to $37.8 million year-on-year. MotorCity Casino Hotel reported a 7. 7% decrease to$36.3 million, and Greektown Casino-Hotel's revenue dropped by 28.2% year on-years to $19 million

MGM Grand Detroit is Still The City’s Top Casino. In October, MGM, MotorCity and Greektown made adjusted gross receipts for sports betting of $7.6 million. The casinos paid $ 7.7 million in state taxes for October. They also paid $11.2 million to the city of Detroit.