Detroit’s three commercial casinos–MGM Grand, Greektown, and MotorCity, reported $108.98 million in monthly aggregate revenue for April 2021. The casinos continue to operate at limited capacity due to the risks presented by the continuing spread of COVID-19.
In total, table games and slots accounted for $107.44 million of that revenue. Retails sports betting brought in $1.54 million.
Slight Dip From March
Compared to revenue results from March, April brought a 3.1% dip for Detroit’s casinos. Through April 30, compared to the same period last year, revenue jumped 30.9%. The casinos closed on March 16, 2020 and remain closed through April 2020, explaining the spike in revenue one year later.
Slots And Table Games Breakdown
In April 2021, market share among the three Detroit properties broke down as follows:
- MGM: 40%
- MotorCity: 37%
- Greektown: 23%
Table game and slots revenue broke down like so:
- MGM, $43.20 million
- MotorCity, $39.92 million
- Greektown, $24.32 million
This equated to a total of $8.7 million in tax payments to the state of Michigan.
Retail Sports Betting Breakdown
Total reported retail sports betting handle reached $24,337,682 during April. Qualified adjusted gross receipts by casino were:
- MGM, $604,701,
- MotorCity, $420,605,
- Greektown, $517,224
The casinos paid $58,308 in retail sports betting taxes.
Latest Michigan Online Gambling Developments
Since launching online gambling in January 2021, Michigan has enjoyed massive success as an online casino and online sports betting market. Even though casinos are operating at limited capacity, the state’s online industry flourishes.
In recent news, PointsBet was cleared to launch its online casino for Michigan players and promptly did so. Play Gun Lake was also added to the growing roster of Michigan online casino operators.