Detroit’s three casinos post $79.1m in November revenue, down 23.9%

December 13, 2023
Leer en Español

However, casino sports betting revenue statewide rose by $1.2m.

The Michigan Gaming Control Board has published the November results for the state’s three Detroit casinos. During November, all three venues reported a combined revenue total of $79.1m.

MGM emerged as the leader for the month, with 39% of November’s market share. MotorCity and Hollywood Casino at Greektown followed closely behind, with 34% and 27% respectively.

Table games and slot revenue from the city’s three casinos accounted for $76m of the total for the month. The remaining $3.1m in revenue came from retail sports betting.

However, overall activity for the month reflected significant declines when compared to results from one year ago. Table games and slot revenue fell 23.9% year-over-year.

Last month’s casino revenue dropped 7% when compared to October’s numbers. Decreases in revenue per casino were significant as well. MGM’s November revenue fell by 34.4%, while MotorCity and Hollywood Casino at Greektown reported decreases of 17.8% and 10.8% respectively.

During the month of November, Detroit’s casinos paid the state $6.2m in gaming taxes and contributed an additional $9.4m in wagering taxes and development agreement payments to the city.

Concerning retail sports betting, the city’s three casinos brough in a total handle of $15.3m during the month of November, with $3.1m in total gross receipts.

In contrast to casino activity and revenue results, retail sports betting across Detroit’s casinos experienced a boost during November. Qualified adjusted gross receipts (QAGR) for the month rose by $1.2m year-over-year.

All three casinos reported a rise in November QAGR of $2m when compared to October’s results.

MotorCity grabbed top spot for sports betting activity for the month, reporting a QAGR of $2.2m.


Product Spotlight


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

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

Five years ago, before the mass proliferation of social media we see today – and even before the Covid-19 pandemic – I think you would be hard pressed to find a CEO talking about “Instagrammable moments.” KPIs w...

The Global Gaming Awards: Looking ahead to 2024's ceremonies.
After more than a decade of celebrating gaming's best, Gaming America looks ahead to a bright 2024 for the Global Gaming Awards in the Americas and Asia-Pacific.
From the top: The Indian Gaming Tradeshow & Convention
Tribal gaming is a uniquely American institution and all its uncommon attributes were on display this April at the Indian Gaming Tradeshow & Convention in Anaheim, California.
Review: Terre Haute Casino Resort and Harrah's Hoosier Park Racing & Casino
Terre Haute Casino Resort vs. Harrah's Hoosier Park Racing & Casino, Gaming America's Laura Mack reviews each property.
Eureka Casino interview: CEO Andre Carrier on resort expansion
We spoke with returning guest, CEO Andre Carrier, about Eureka Casino Resort's expansion. He aims to not only change the look and feel of the casino, but to also build residential housing around it.