Detroit casino revenue up in February

Detroit casino revenue up in February

Article brief provided by The Detroit News
  • Jordyn Grzelewski , The Detroit News
March 13, 2023 3:52 PM
  • Jordyn Grzelewski , The Detroit News

Detroit’s three casinos reported a combined $105.5 million in revenue for February, according to numbers released Monday by the Michigan Gaming Control Board.

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Table games and slots generated $105 million in revenue for the month, up 9.8% year-over-year and 1.6% over January.

Retail sports betting, meanwhile, produced $458,752, compared to negative results in February of last year.

MGM Grand Detroit led with 47% market share for the month, followed by MotorCity Casino with 30% and Hollywood Casino at Greektown with 23%. All three properties reported year-over-year increases in revenue tied to table games and slots.

For the month, the casinos paid $8.5 million in gaming taxes to the state, up from $7.7 million a year ago. They submitted $12.5 million in wagering taxes and development agreement payments to the city.