The Michigan Gaming Control Board (MGCB) has reported a slight decline in commercial casino revenue, from its three Detroit casinos, in June, despite capacity limits on casinos being lifted on June 22.
Detroit’s three casinos operated at a limited capacity for 21 of the 30 days due to novel coronavirus (Covid-19) regulations.
The casinos made an aggregate revenue of $108.1m, a decline of 1.7% compared to May.
Comparative figures are unavailable for June 2020 as the casinos were closed under lockdown measures. Instead, MCGB noted the three casino’s revenue from June 2019, which was $117.5m.
Slots and table games contributed $105.8m of the total, a drop of 0.7% month-on-month.
MGM Grand Detroit topped the list in slots and table games revenue in June, totaling at $46.3m, with MotorCity and Greektown following behind at $37.2m and $22.3m respectively.
Retail sports betting made up the remaining $2.3m in revenue, up from $1.8m in May. Greektown led the way in retail sports betting, taking in $819,272 in adjusted gross receipts. MotorCity came second with $796,206 while MGM took third place with $680,434.
In terms of market shares, MGM Grand Detroit took the majority with 44%, while the MotorCity casino made up 35% and the Greektown casino amounted to 21%.
In total, three casinos combined to pay $8.6m in taxes to the State of Michigan in June, along with $12.6m in wagering taxes and development agreement to the City of Detroit.
Overall, the casinos paid $86,785 in retail sports betting taxes to the State of Michigan and $106,072 in retail sports betting taxes to the City of Detroit.