Detroit casino revenue dips in April

Detroit casinos saw a decrease in revenue in April despite a good performance for sports betting.

US.- Casinos in Detroit saw a slight decline in revenue in April. Revenue fell month-on-month from $114m in March to $109m.

The three casino operators in the city, MGM Grand Detroit, MotorCity Casino Hotel and Greektown Casino, are still operating at limited capacity due to Covid-19 countermeasures.

According to the Michigan Gaming Control Board, table games and slots generated $107.44m in revenue, while retail sports betting produced revenue of $1.54m.

Monthly revenue fell 3.1 per cent when compared with March results, but revenue for table games and slots for the three casinos was up by 30.9 per cent year-on-year.

Monthly table games and slot revenue earned by each casino was $43.20m for MGM, $39.92m for MotorCity, and $24.32m for GreekTown.

In April, the three Detroit casinos paid $8.7m in gaming taxes to the State of Michigan.

The casinos also reported submitting $12.8m in wagering taxes and development agreement payments to the City of Detroit.