Home > Finance > Detroit casino revenue makes year-on-year recovery in August

Detroit casino revenue makes year-on-year recovery in August

| By Marese O'Hagan
The MGCB reported that Detroit’s three casinos generated $106.1m in revenue in August, down by 1.0% compared to July, but up by 9.1% compared to August 2021.
Detroit October

Table games and slots made up $104.4m of this, down by 6.9% from August 2021 and also down 1.4% from July. Detroit’s MGM casino contributed $50.3m of this, a fall of 3.7% year-on-year, while MotorCity brought in $32.3m – declining by 11.5%. Hollywood Casino at Greektown generated the remaining $21.8m in revenue, down by 6.7% year-on-year.

In total, the three casinos paid $8.5m in gaming taxes to the state of Michigan throughout the month, $600,000 less than in August 2021. In addition, $16.5m was paid in wagering taxes and development agreement payments to the city of Detroit.

Read the full story on iGB North America.

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