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Detroit casino revenue reaches $109m in April


The three land-based casinos in Detroit, Michigan generated $109.0m in revenue in April, with $1.5m of this coming from sports betting.

Year-on-year comparisons were not possible as the casinos were closed for all of April 2020 due to novel coronavirus (Covid-19) restrictions in the state.

However, the Michigan Gaming Control Board (MGCB) did reveal that revenue was 12.9% down from $125.1m in April of 2019 – prior to retail sports betting being legalized – as well as 3.1% lower than the $110.9m generated in March this year.

Table and slots gaming accounted for $107.4m of total revenue for the month, while sports betting contributed $1.5m. The MGCB also noted $889,532 in revenue from fantasy sports.

Looking at operator performances, MGM retained top spot in Detroit with 40% of the total revenue share, ahead of MotorCity on 37% and Greektown with a 23% share.

MGM posted $43.2m in revenue from slots and table games, with MotorCity bringing in $39.9m and Greektown $24.3m. The three casinos paid $8.7m in gaming tax to the State and a further $12.8m in wagering taxes and development agreement payments to the City of Detroit.

Turning to sports betting, revenue at MGM reached $604,701, ahead of Greektown with $517,224 and MotorCity on $420,605, with a total of $24.3m wagered during the month. Sports betting revenue, or qualified adjusted gross receipts in Detroit, is classed as gross receipts minus the monetary value of free play incentives provided to and bet by players.

The casinos paid $58,308 in retail sports betting taxes to the state and also $71,265 in retail sports betting taxes to the City of Detroit.