The Michigan Gaming Control Board reports that the three casinos in Detroit made a total of $108.4 million in November. The numbers show strong performance in table games, slots, and retail sports betting over the month.
Slot machines and table games brought in the most money, with a combined $106.4 million. Sports betting at retail increased by $1.9 million. Revenue from table games and slots increased by a noteworthy 40.1% from November 2022, demonstrating the robust rebound of Detroit’s casino industry.
Among the three operators, MGM Grand Detroit retained its leading position, holding 46% of the market share. MotorCity Casino followed with 31%, while Hollywood Casino at Greektown secured 23%. MGM led with nearly $49.2 million in revenue, MotorCity earned $33 million, and Hollywood Casino at Greektown posted $24.2 million.
Tax Contributions and Sports Betting Performance
Detroit’s casinos collectively paid $8.6 million in state gaming taxes and contributed an additional $13.2 million in wagering taxes and development agreement payments to the city.
With a $21 million total handle and $1.9 million in gross receipts, retail sports betting also made a significant contribution. November’s Qualified Adjusted Gross Receipts (QAGR) increased by $2.7 million over October, but decreased by $1.2 million year over year.
With a QAGR of around $0.9 million, Hollywood Casino at Greektown became the market leader in sports betting activity.
These numbers demonstrate the casinos in Detroit’s ongoing comeback and increasing prosperity. The city’s gambling business continues to be a significant contributor to the state and municipal economies, as seen by its impressive overall success.
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