The three Detroit casinos reported total monthly revenue of $101.6 million for the month of September 2023, of which $100 million occurred in table games and slots and $1.6 million in retail sports betting.
The market share for September is as follows:
- MGM Grand Detroit Casino 44%
- Motor City Casino 31%
- Hollywood Casino at Greek Town 25%
Table games and slots revenue and taxes
Table game and slot revenue for September 2023 decreased 0.8% compared to September 2022 earnings. Monthly revenue for September was down 4.4% from August 2023. From Jan. 1 to Sept. 30, Detroit Casino’s table game and slot revenue increased 0.6% year-over year.
Casino’s monthly gaming revenue results were mixed compared to September 2022:
- Hollywood Casino In Greigtown, Up 15.1% To $24.3 Million
- MGM down 7.6% to $44.7 million
- Motor City Down 1.1% To $31M
During September, three Detroit casinos paid $8.1 million in game taxes to Michigan. They paid $8.2 million in the same month last year.
Casinos reported in September that they submitted $12.3 million in out-of-pocket taxes and development agreements to the city of Detroit.
Retail Sports Betting Earnings and Taxes
The three Detroit casinos had total retail sports betting handling of $18.1 million and total revenue of $1.6 million.
Retail Sports Betting Qualification Adjusted gross revenue decreased 39.4% compared to September 2022. QAGR IN SEPTEMBER IS UP $1.3 MILLION VERSUS AUGUST 2023.