HomePublicationsNewsletter ArchiveVolume 26Issue 6DETROIT CASINOS REPORT 7.1 PERCENT YEAR-OVER-YEAR AGGREGATE REVENUE INCREASE IN JANUARY

The three Detroit casinos – MGM Grand Detroit, MotorCity, and Greektown – reported $120 million in aggregate revenue in January for a 7.1% increase in year-over-year aggregate revenue. January revenue was 6.1% lower than December 2019’s reported revenue of $127.8 million.

MotorCity saw an 11.7% increase in year-over-year revenue in January, reporting $41.8 million. Greektown reported $28.2 million, which was a 9.8% increase from January 2019. MGM Grand revenue increased 2.1% from January 2019 to $50 million.

The January market shares were:

  • MGM Grand Detroit – 42%
  • MotorCity Casino – 35%
  • Greektown Casino – 23%

The three casinos paid $9.7 million in gaming taxes to the State of Michigan in January, compared with $9.1 million in January 2019. During January, the three casinos reported $14.3 million in wagering taxes and development agreement payments to the City of Detroit.

 

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