Detroit casinos made $113.82M last month

Michigan

In this May 3, 2021 photo a woman plays a slot machine while wearing a mask in the Hard Rock casino in Atlantic City, N.J. On May 11 the American Gaming Association released statistics showing that the U.S. commercial casino industry matched its best quarter ever in terms of revenue in the first three months of 2021, taking in more than $11.1 billion as customers continued returning amid the COVID-19 pandemic. (AP Photo/Wayne Parry)

DETROIT, Mich. (WLNS) — Three Deroit casinos made $113.82 million dollars last month, $112.17 million in table games and slots and $1.65 million in retail sports revenue.

According to the Michigan Gaming Control Board, the August market shares were MGM with 47%, MotorCity with 32% and Greektown with 21%.

The three casinos’ August table games and slots revenue was 61.7% higher than revenue in August 2020.

Reopening in early August 2020 at 15% capacity, following a four and a half month closure due to COVID-19 concerns.

Year-to-date gaming revenue for table games and slots for the three casinos rose approximately 126% compared to the first eight months of 2020.

Monthly gaming revenue by property was higher than in August 2020 with MGM making $52.24 million, an 82.4% increase. MotorCity made $36.52 million, a 45.9% increase in revenue while Greektown made $23.41 million, a 49.2% increase.

The casinos paid $9.1 million in gaming taxes to the State of Michigan compared with $5.6 million ast year.

The casinos reported submitting $13.3 million in wagering taxes and development agreement payments to the City of Detroit during August.

The casinos paid $62,371 in state taxes on retail sports betting. The casinos also reported submitting $76,231 in retail sports betting taxes to the City of Detroit. 

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