Detroit casinos report $109 million in April revenue amid industry rebound

Detroit casinos report $109 million in April revenue amid industry rebound

Article brief provided by The Detroit News
  • Jordyn Grzelewski, The Detroit News
May 12, 2021 10:59 AM
  • Jordyn Grzelewski, The Detroit News

Detroit’s three casinos netted nearly $109 million in revenue in April, one year since the start of a coronavirus pandemic-related casino shutdown that wiped out revenues for four straight months in 2020.

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Even though the casinos continue to operate under capacity limits aimed at stopping the spread of COVID-19, the casinos were not too far off from revenues generated in April 2019, when they collectively netted about $125 million — a reflection of a casino rebound driven by pent-up demand from bettors.

April revenues were down 3.1% compared to March, according to the Michigan Gaming Control Board, which released the latest revenue numbers Tuesday. MGCB reported that through April, gaming revenue from table games and slots for the three venues was up 30.9% over the first four months of 2020.