Detroit casinos post $105.4m in revenue during June

July 10, 2024
Leer en Español

Slot and table game revenue rose year-over-year.

The Michigan Gaming Control Board has published its June results for the state’s three casinos in Detroit. During the month, all three locations reported $105.4m in combined revenue.

Table games and slot revenue from the city’s three casinos accounted for almost $104.5m of the total for the month. The nearly $900k in revenue reamining came from retail sports betting.

Last month’s report showed that revenue from both slots and table games reflected a 2.6% increase year-over-year.

However, revenue during the month fell by 6.1% when compared to results from May.

As in previous months, MGM held the top spot during June, accounting for 46% of April’s market shares. MotorCity and Hollywood Casino at Greektown followed close behind, with 30% and 24% respectively.

MotorCity was the only casino last month to report a decline in monthly gaming revenue. The casino’s total revenue reached nearly $31.2m. Revenue during the month fell by 3.1%.

MGM reported a 3.6% rise in June revenue when compared to numbers from May. Total revenue climbed to $48.7m for the month.

Hollywood Casino at Greektown posted almost $24.4m in revenue last month, up by 9% month-over-month.

Detroit’s casinos paid the state $8.5m in gaming taxes during the month of June and contributed an additional $12.4m in wagering taxes and development agreement payments to the city.

Concerning retail sports betting, the city’s three casinos brought in a total handle of almost $8.4m during the month of June, with $900k in total gross receipts.

Qualified adjusted gross receipts (QAGR) for the month fell by more than 52% month-over-month.

MotorCity grabbed the top spot for sports betting activity for the month, reporting a QAGR of nearly $500k.


Product Spotlight


Things get unruly in the company of some fleecy characters in the new Konami Gaming’s new Unwooly Riches slot series.

The top 5 properties that changed Las Vegas

Regular Gaming America contributor Oliver Lovat joins Tim Poole on the Huddle to discuss his 5 properties that changed Las Vegas - giving every resorts an influence rating out of 10. The question is: do you agree?


Peter Schoenke - Sports betting is here... but fantasy sports keeps growing

Peter Schoenke joins Tim Poole on the Huddle to discuss all things fantasy sports. His brand, RotoWire, is at the intersection of the affiliate and fantasy worlds, generating revenue from subscriptions, providing APIs to operators and via affiliate marketing. We discuss:

Within the states of Florida and California, Tribal gaming finds itself in a fascinating position. In Florida, only the Seminole Tribe, and Hard Rock, can provide mobile sports betting, with continued legal challenges f...

Viewpoints: Discussing the use of player loyalty programs
Industry experts answer Gaming America's burning questions on all things related to Tribal operators and player loyalty programs, including Rymax, CasinoTrac, OIGA, Mohegan and Choctaw Nation of Oklahoma.
Sports betting regulation in Brazil: What can we expect?
Mattos Filho's Fabio Kujawski speaks to Gaming America about the uncertainty surrounding Brazil's roadmap to regulation and the need for a singular gaming authority.
Going private: Gaming's new standard?
A state of neo-IPO: Gaming America investigates, as more and more companies come off the public market.
Soloviev Group CEO: Moving to New York
The Soloviev Group, in collaboration with Mohegan, continues to wait on the NYGC for approval on its Freedom Plaza project. Gaming America spoke with Soloviev Group CEO Michael Hershman to learn more.