The Michigan Gaming Control Board has released its latest monthly gaming revenue report for Detroit revealing that the city’s three casinos generated aggregate revenue of $108.1M for the month of June. All three casinos opened for 21 out 30 days due to Covid-19 health concerns with capacity restrictions lifted on June 22nd.
The three casinos — MGM Grand Detroit, MotorCity Casino, and Greektown Casino — generated $105.8M in revenue from table games and slots while retail sportsbook revenue came in at $2.3M for the month.
The MGM Grand led the market with $46.3M in gaming revenue followed by MotorCity Casino with $37.2M. Greektown came a distant third generating $22.3M in revenue.
The combined retail sports betting handle for all three casinos amounted to $24,378,868. MotorCity was the market leader taking in $8,467,849.00 in wagers followed closely by the MGM Grand with a handle of $8,087,227.00. Although Greektown Casino’s sportsbook reported the lowest handle of all three casinos at $7,823,791.63, it generated the highest revenue with net receipts totaling $819,272.
Total net receipts for all three casinos amounted to $2,295,932. This generated state taxes of $86,785 while all three casinos reported submitting $106,071 in retail sports betting taxes to the City of Detroit.
Online sports betting revenue figures for the month of June have yet to be released. Online casino is legal and regulated in Michigan.
Image credit: Thomas Hawk / CC BY-NC 2.0
Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.