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Detroit casino revenue dips to $113.8m in August

News

Michigan’s three commercial casinos in Detroit brought in a combined $113.8m in revenue in August, down 2.7% from July.

The figure was up 64.2% from August 2020, but that month saw casinos operating at a maximum of only 15% of capacity after reopening from a novel coronavirus (Covid-19)-enforced shutdown on 5 August.

The MGM Grand Detroit led the way in revenue in August 2021, with $52.2m, for an almost 50% share of the market. The MotorCity Casino followed with $36.5m, while Penn National Gaming’s Greektown Casino brought in $23.4m.

The states paid $9.1m in gaming taxes to the state of Michigan, plus $13.3m in wagering taxes to the city of Detroit.

Of the $113.8m made last month, table games and slots brought in $112.2m. The remaining $1.7m came from sports betting, which was up 36.1% from July 2021 but down 18.8% year-on-year.

Breaking down retail sports betting revenue, the MGM Grand Detroit brought in $851,920. MotorCity casino took in $232,675 and Greektown $565,432. Combined handle was $16.3m.