Michigan: Detroit casinos report $119 million in March revenue; first quarter up from 2022

Tuesday, April 11, 2023 3:52 PM
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  • Dan Holmes , PlayMichigan.com

Led by MGM Grand, Detroit’s three retail casinos reported a 12.2% increase in revenue from slots and table games in March compared to February, with a figure of $117.8 million.

Total aggregate revenue, which includes sports betting revenue, was $119.2 million this past month. In 2022, that figure was $122.8 million.

The revenue from slots and table games for the three Detroit casinos fell by 2.6% compared to March of 2022. MGM Grand Detroit reported $54 million in revenue, MotorCity Casino was second at $35.8 million, and Hollywood Casino at Greektown reported $27.6 million, which represents a 7.5 percent year-over-year gain for that property.

The three Detroit casinos combined to pay $23.5 million in taxes on their March revenue, with $14 million going to the City of Detroit, and the rest being paid to the state.