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Detroit casinos report $110.4 million in aggregate revenue for September
October 12, 2021
Detroit, October 12, 2021 - The three Detroit casinos reported $110.4 million in monthly aggregate revenue for September. Table games and slots generated $106.9 million in revenue, and retail sports betting produced $3.5 million in revenue.
The September market shares were:
- MGM, 45%
- MotorCity, 34%
- Greektown, 21%
The Detroit casinos reported $87.9 million in monthly aggregate revenue during September 2020 while operating at 15 percent capacity due to COVID-19 health concerns. In September 2019, the casinos reported $112.3 million in monthly aggregate revenue.
Table Games and Slot Revenue and Taxes
Monthly table games and slot revenue rose 21.6% from revenue reported for September 2020. September monthly revenue fell 4.7% compared with August results.
Compared with September 2020 results, monthly gaming revenue rose for all three casinos:
- MGM, 34% to $48.4 million
- MotorCity, 13.4% to $36.5 million
- Greektown, 12.4% to $22 million
Through Sept. 30, table games and slot gaming revenue rose 105.9% compared with results for the same nine months in 2020.
The three casinos paid $8.7 million in gaming taxes to the State of Michigan during September compared with $7.1 million for the same month last year.
The three Detroit casinos reported submitting $16.8 million in wagering taxes and development agreement payments to the City of Detroit during September.
Third Quarter Table Games and Slot Revenue
Aggregate revenue was up 112.9% during the third quarter compared with the same period last year. Quarterly gaming revenue rose at each casino compared with the third quarter of 2020:
- MGM, $154.4 million, up 138.4%
- MotorCity, $111.6 million, up 95%
- Greektown, $68.8 million, up 95%
During the third quarter, the three Detroit casinos paid $27.1 million in gaming taxes to the State of Michigan compared with $12.7 million for the same period last year.
Retail Sports Betting Revenue and Taxes
Retail sports betting qualified adjusted gross receipts (QAGR) for September dropped 20.9% compared with September 2020 results. QAGR rose 109.8% compared with August 2021. September QAGR results by casino were:
- MGM, $1,341,262
- MotorCity, $1,237,488
- Greektown, $883,813
The casinos reported a total handle of $32,528,487, and total gross receipts were $3,459,841.
The casinos paid $130,885 in retail sports betting taxes to the State of Michigan and reported submitting $159,970 in taxes to the City of Detroit.
Through September 30, aggregate retail sports betting qualified adjusted gross receipts were:
- MGM, $5,740,373
- MotorCity, $6,693,261
- Greektown, $6,433,442
During August, fantasy contest operators reported total adjusted revenues of $920,250 and paid taxes of $77,301 to the state.
Fantasy contest operators reported $10.4 million in aggregate fantasy contest adjusted revenues and paid $869,543 in state taxes through Aug. 31.
Gambling in any form is for entertainment purposes only. If someone has a gambling problem, please call the state's 24-hour, toll-free helpline at 1-800-270-7117 or the MGCB's responsible gaming section at 1-888-223-3044. You also may visit the MGCB website at www.michigan.gov/mgcb for information on self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database.
"The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the State of Michigan."