Detroit’s three land-based commercial casinos posted $101.8m in revenue in November, representing another month-on-month decline and also a 5.9% drop on last year.
Total revenue from the MGM Grand Detroit, MotorCity Casino and Hollywood Casino at Greektown was down from the $108.2m reported in November 2022 and 1.0% lower than the $102.8m in October of this year.
Slots and table games revenue for the month reached $99.9m, down 3.8% from last year, while qualified adjusted gross receipts (QAGR) from retail sports betting accounted for the remaining $1.9m in revenue, down 57.0% year-on-year.
Sports wagering handle for the month reached $18.1m, which was also down 32.2% from $26.7m in November 2021.
Revenue by casino
MGM remained the clear market leader with a 47% share, ahead of MotorCity on 30% and Hollywood Casino on 23%.
For MGM, the casino said that $46.7m of its total revenue for the month came from slots and table games and $807,913 in sports betting QAGR.
MotorCity posted $30.0m in slots and table games revenue and $741,222 in sports wagering QAGR, while Hollywood Casino generated $23.2m in slots and table games revenue and $313,884 in sports betting QAGR.
The casinos paid $8.1m in gaming taxes to the State of Michigan and $12.4m in wagering taxes and development agreement payments to the City of Detroit during the month.
In addition, the venues paid $70,422 in retail sports betting gaming taxes to the State and $163,625 to the City of Detroit in retail sports betting taxes.