Detroit casino revenue up 2.9% to $101.5m in June
| By Zak Thomas-Akoo
The three Detroit land-based casinos reported a 2.9% year-on-year increase in revenue in June, although a big win at MotorCity resulted in a sports betting loss for the month.
Revenue totalled $101.5m (£78.6m/€90.7m) for the month, up from the $98.6m the casinos achieved in the same period in 2022.
However, the figure represented a 3.9% month-on-month decline compared to May.
MGM Grand Detroit stood as the market leader for the month with a 46% share of casino sector in the city. This compared to MotorCity’s 32% and Hollywood Casino at Greektown’s 22% slice of the land-based market.
Year-on-year increase in table revenue
Table games and slots accounted for the entirety of the month’s revenue at $101.9m. This was a 3.8% year-on-year increase from June last year.
However, on a monthly basis, the total represented a 2.7% decline in revenue from May.