Detroit casino revenue down 24.3% in January

| By Robert Fletcher
Revenue from Detroit’s three commercial casinos declined 24.3% year-on-year in January as the facilities continued to face capacity limits due to the ongoing novel coronavirus (Covid-19) pandemic.
Downtown Detroit buildings, Michigan

Figures published by the Michigan Gaming Control Board (MGCB) show that the three casinos – the MGM Grand Detroit, MotorCity Casino and Greektown Casino – generated a total of $90.8m (£65.7m/€74.9m) in revenue last month, compared to $120.0m in the same month last year.

However, the January figure was some 279.9% higher than in December, though casinos were only open for nine days of that month, having been closed from November 18 to December 23.

MGM Grand Detroit and MotorCity Casino both held 38% of the Detroit market in January, ahead of Greektown Casino on 24%.

Table games and slots were responsible for €86.9m in revenue, down 27.7% on last year, with casinos currently limited as to how may patrons they can host at one time.

Gaming revenue at MGM was down 32.0% to $34.0m, while MotorCity’s revenue also fell 20.7% to $33.2m and Greektown 30.4% to $19.6m.

Read the full story on iGB North America.

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