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Detroit Casinos Generate $101.4 Million in Revenues

11 November 2020 by Dustin Jermalowicz

This story was published more than 3 years ago.

The three commercial casinos in Detroit had a good month of October, as they generated $101.4 million in revenues for the period.

The casinos generated $7.6 million in sportsbetting revenues, and wagers were up 72.7% from September's numbers. The top market for sports wagering was the MGM Grand, which had $3.7 million in revenues. The MotorCity Casino had $2.2 million in revenues, and Greektown had $1.7 million in revenues.

The casinos paid $287,166 in state taxes on sports wagering for the month, and $350,980 in taxes to the city of Detroit for the activity.

Revenues for casino games were down compared to last year due to having to operate at 15% capacity because of Covid. Table games and slot revenues were down 18.9% from last year. Year to date numbers for the games is $550 million in revenues and they paid $7.6 million in taxes to the state for both games.

Detroit casinos closed in March due to Covid, having re-opened in a limited capacity in August. The addition of sportsbetting has softened some of the blow, and online gaming is coming around the corner to help let punters gamble within their homes.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.