Gross gambling revenue from Detroit’s three commercial casinos fell 2.9% to $119.2m in March compared to the $122.8m that the venues achieved in the previous year.
Table games and slots dominated the total, generating $117.8m as opposed to the $1.4m received from retail sports betting.
During the month, MGM Grand Detroit achieved the highest market share at 46%. This compared to the 30% won by MotorCity Casino Hotel and the 24% attributed to the Hollywood casino at Greektown.
Monthly table and slots revenue fell 2.6% compared to the $120.9m achieved by the casinos the previous year.
Total revenue increased 12.2% when compared with February’s $105m total that it achieved.
In March, Hollywood Casino at Greektown reported a 7.5% year-on-year increase in revenue to $27.6m. This compares with the 2.7% decline experienced by MGM to $54.4m and the 9% fall to $35.8m reported by MotorCity.
The three casinos paid a total of $9.5m in gaming taxes to Michigan for the month, compared to the $9.8m paid in march 2022.
First quarter results
For the three-month period ending 31 March, the three casinos reported $366.2m in revenue – a 3.4% increase compared to $315.5m recorded in the same period the previous year.
By property, MGM reported a 2.5% year-on-year increase in revenue to $154.7m. This compares to the $97.3m reported by MotorCity, a 0.9% decline.
Hollywood Casino at Greektown also experienced growth on a quarterly as well as monthly basis, growing 11.5% to $74.2m.
For the quarter, the casinos paid $26.2m in gaming taxes as opposed to the $25.6m reported in the first quarter the previous year.