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Detroit Casino Reports September Revenue Of $101.6 Million

Table games and slots bet $100 million and retail sports bet $1.6 million.

U.S. - Detroit's three casinos posted $101.6 million in revenue for the month of September, according to the Michigan Game Control Board. Table games and slots earned $100 million and retail sports $1.6 million.

Table game and slot revenue decreased 4.4% month-over-month and 0.8% compared to September 2022. MGM Grand Detroit Casino accounted for 44%, Motor City Casino 31% and Hollywood Casino 25%.

Hollywood Casino in Greaktown reported $24.3 million in gaming revenue, up 15% year over year. MGM's revenue fell 7.6% to $44.7 million, while Motor City's revenue fell 1.1% to $31 million.

Three Detroit casinos paid $8.1 million in taxes to Michigan. This compares with $8.2 million in the same month last year. Casinos submitted $12.3 million in taxes and development agreement payments to the city of Detroit.

3 Detroit Casinos Reported $18.1M In Retail Sports Betting. The total income was $1.6 million. Retail Sports Betting Qualification Adjusted Gross Revenue (QAGR) decreased 39.4% compared to September 2022. QAGR IN SEPTEMBER IS UP $1.3 MILLION VERSUS AUGUST 2023.

See also: Detroit casino workers strike

Casinos reported paying $59,533 in game tax to the state and filing $72,763 in outstanding tax to the city of Detroit based on retail sports betting revenue. From Jan. 1 to Sept. 30, casino revenue from table games and slots increased 0.6 percent compared to the same period last year.
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Sunday, November 12, 2023
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