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Detroit casinos

Detroit Casinos Report $94.4M in January Revenue

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The three Detroit casinos reported $94.4 million in monthly aggregate revenue (AGR) for the month of January 2024, of which $93.9 million was generated from table games and slots, and $500,221 from retail sports betting.

The January market shares were:

  • MGM, 48%
  • MotorCity, 30%
  • Hollywood Casino at Greektown, 22%

Monthly Table Games, Slot Revenue, and Taxes

January 2024 table games and slot revenue decreased 9.1% when compared to January 2023 revenue. January’s monthly revenue was also 15.7% lower than December 2023. From Jan. 1 through Jan. 31, the Detroit casinos’ table games and slots revenue decreased by 9.1% compared to the same period last year.

The casinos’ monthly gaming revenue results were all lower compared to January 2023:

  • MGM, down 11.3% to $44.6 million
  • MotorCity, down by 10.4% to $27.1 million
  • Hollywood Casino at Greektown, down by 2.9% to $22.2 million

In January 2024, the three Detroit casinos paid $7.6 million in gaming taxes to the State of Michigan. They paid $8.4 million for the same month last year. The casinos also reported submitting $11.2 million in wagering taxes and development agreement payments to the City of Detroit in January.

Monthly Retail Sports Betting Revenue and Taxes

The three Detroit casinos reported $24.2 million in total retail sports betting handle, and total gross receipts were $520,988 for the month of January. Retail sports betting qualified adjusted gross receipts (QAGR) in January were up by $389,197 when compared to the same month last year. Compared to December 2023, January QAGR was down by $4.3 million.

January QAGR by casino was:

  • MGM: $403,926
  • MotorCity: $1.1 million
  • Hollywood Casino at Greektown: negative ($1.0 million)

During January, the casinos paid $58,073 in gaming taxes to the state, compared to $4197 for the same period last year, and reported submitting $70,978 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests

For December 2023, fantasy contest operators reported total adjusted revenues of $484,140 and paid taxes of $40,668.

From Jan. 1 through Dec. 31, 2023, fantasy contest operators reported $21.8 million in aggregate fantasy contest adjusted revenues and paid $1.8 million in taxes.

Detroit casinos

Detroit Casinos Report $98.8M in February Revenue

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The three Detroit casinos reported $98.8 million in monthly aggregate revenue (AGR) for the month of February 2025. Table games and slots generated $98.0 million in revenue and retail sports betting generated $815,561.

The February market shares were:

• MGM, 47%

• MotorCity, 29%

• Hollywood Casino at Greektown, 24%

Monthly Table Games, Slot Revenue, and Taxes

The three Detroit casinos’ revenue for table games and slots for the month of February 2025 decreased 6.4% when compared to the same month last year. February’s monthly revenue was 4.2% lower when compared to the previous month, January 2025. From Jan. 1 through Feb. 28, the Detroit casinos’ table games and slots revenue increased by 0.8% compared to the same period last year.

The casinos’ monthly gaming revenue results all decreased compared to February 2024:

• MGM, down 5.9% to $46.4 million

• MotorCity, down 10.1% to $28.4 million

• Hollywood Casino at Greektown, down 2.7% to $23.2 million

In February 2025, the three Detroit casinos paid $7.9 million in state gaming taxes. They paid $8.5 million for the same month last year. The casinos also reported submitting $11.7 million in wagering taxes and development agreement payments to the City of Detroit in February.

Monthly Retail Sports Betting Revenue and Taxes

The three Detroit casinos reported $8.2 million in total retail sports betting handle, and total gross receipts totaled $820,450 for the month of February. Retail sports betting qualified adjusted gross receipts (QAGR) were up by $940,414 in February when compared to February 2024, and down by $1.7 million when compared to January 2025.

February QAGR by casino was:

• MGM: $202,085

• MotorCity: $566,313

• Hollywood Casino at Greektown: $47,163

During February, the casinos paid $30,828 in gaming taxes to the state and reported submitting $37,679 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests

For January 2025, fantasy contest operators reported total adjusted revenues of $1.3 million and paid taxes of $109,531.

The post Detroit Casinos Report $98.8M in February Revenue appeared first on Gaming and Gambling Industry in the Americas.

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Detroit casinos

Sports Betting and iGaming Operators in Michigan Report January 2025 Revenue

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Michigan commercial and tribal operators reported a combined $331.2 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in January. Gross receipts increased 25.4% compared to December.

Monthly Gross Receipts

January iGaming gross receipts totaled $248.2 million, the highest to date. The previous high was $244.0 million recorded in December 2024. January gross sports betting receipts totaled $83.0 million, which is an increase from the $20.2 million recorded in December.

Monthly Adjusted Gross Receipts

Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for January were $287.9 million, including $233.1 million from iGaming and $54.8 million from internet sports betting — representing an iGaming increase of 6.1% and a sports betting increase of $54.5 million when compared to December 2024. Compared to January 2024 reported revenues, iGaming AGR was up by 42.0% and sports betting was up by $36.0 million.

Monthly Handle

Total internet sports betting handle at $555.2 million was down by 7.1% from the $597.7 million handle recorded in December 2024.

Monthly State Taxes/Payments

The operators reported submitting $46.8 million in taxes and payments to the State of Michigan during January, of which:

iGaming taxes and fees = $43.7 million

Internet sports betting taxes and fees = $3.1 million

Monthly City of Detroit Taxes/Payments

The three Detroit casinos reported paying the City of Detroit $12.8 million in wagering taxes and municipal services fees during January, of which:

iGaming taxes and fees = $11.8 million

Internet sports betting taxes and fees = $1.0 million

Monthly Tribal Operators’ Payments

Tribal operators reported making $5.0 million in payments to governing bodies in January.

The post Sports Betting and iGaming Operators in Michigan Report January 2025 Revenue appeared first on Gaming and Gambling Industry in the Americas.

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Detroit casinos

Detroit casinos report $108.35M in November revenue

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The three Detroit casinos reported $108.35 million in monthly aggregate revenue (AGR) for the month of November 2024. Table games and slots generated $106.44 million and retail sports betting generated $1.91 million.

The November market shares were:

  • MGM, 46%
  • MotorCity, 31%
  • Hollywood Casino at Greektown, 23%

Monthly Table Games, Slot Revenue, and Taxes
The casinos’ revenue for table games and slots for the month of November 2024 increased 40.1% when compared to the same month last year. This remarked increase is due in part to when casino employees went on strike¾which began in October 2023 and lasted through most of the month of November 2023¾causing AGR totals to be lower than normal. November’s monthly revenue was 2.7% higher when compared to the previous month, October 2024. From Jan. 1 through Nov. 30, the Detroit casinos’ table games and slots revenue increased by 5.6% compared to the same period last year.

The casinos’ monthly gaming revenue results all increased compared to November 2023:

  • MGM, up 60.6% to $49.21 million
  • MotorCity, up 34.0% to $33.06 million
  • Hollywood Casino at Greektown, up 16.8% to $24.17 million

In November 2024, the three Detroit casinos paid $8.6 million in gaming taxes to the State of Michigan. They paid $6.2 million for the same month last year. The casinos also reported submitting $13.2 million in wagering taxes and development agreement payments to the City of Detroit in November.

Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $20.99 million in total retail sports betting handle, and total gross receipts totaled $1.9 million for the month of November. Retail sports betting qualified adjusted gross receipts (QAGR) were down by $1.2 million in November when compared to November 2023, and up by $2.7 million when compared to October 2024.

November QAGR by casino was:

  • MGM: $457,409
  • MotorCity: $571,059
  • Hollywood Casino at Greektown: $886,249

During November, the casinos paid $72,376 in gaming taxes to the state and reported submitting $88,460 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests
For October 2024, fantasy contest operators reported total adjusted revenues of $991,881 and paid taxes of $83,318.

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