The three Detroit casinos reported aggregate revenue of $108.1 million for June, the Michigan Gaming Control Board has reported today.
Despite being limited to only nine days of full capacity in June due to COVID-19 precautions, MGM Grand, MotorCity, and Greektown casinos took in $105.8 million from table games and slots, and $2.3 million from sports betting. This figure is in line with recent months, when the three casinos reported $109.7 in aggregate revenue for May, and $108.9 for April. This marks the fifth consecutive month that the trio of Detroit-based casinos have combined to eclipse the $100 million mark. The last time the casinos were open for the entire month of June was in 2019, when aggregate revenue was reported at $117.5 for table games and slots.
Concerns over vaccinations, social distancing, and COVID-19 variants caused the city to limit the capacity at the three casinos for a little more than a week in June. The restrictions were lifted on June 22.
Once again, MGM Grand Detroit led the way in market share with 44%, followed by MotorCity Casino at 35%, and Greektown Casino with 21%.
Table Games And Slot Revenues For June 2021
According to the MGCB, gaming revenue by the three Detroit casinos for June:
- MGM Grand: $46.3 million
- MotorCity Casino: $37.2 million
- Greektown Casino: $22.3 million
Revenue From Retail Sports Betting At Detroit Casinos For June 2021
The total handle in sports betting at the three casino locations was $24,378,868 for June, with gross receipts of $2,295,932, per the MGCB.
The casino breakdown for retail sports betting revenue:
- MGM Grand: $680,434
- MotorCity Casino: $796,206
- Greektown Casino: $819,272
Gaming Taxes Paid To State Of Michigan For June 2021
For tables games and slots, the tax revenue reported from the Detroit casinos for June is:
- Gaming Taxes: $8.6 million
- Wagering Taxes & Payments to City of Detroit: $12.6 million
For retail sports betting, the tax revenue to Michigan is reported as:
- $86,785 paid in taxes to State of Michigan
- $106,071 paid to the City of Detroit.
Second Quarter 2021 Revenue Report
For the second quarter (months April-June), the revenue by casino from gaming was:
- MGM Grand: $135.7 million
- MotorCity Casino: $115.3 million
- Greektown Casino: $70.2 million
In retail sports betting, the second quarter breakdown for 2021 is:
- MGM Grand: $3,410,243
- MotorCity Casino: $4,585,416
- Greektown Casino: $4,546,994
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