December Revenues for Detroit Casinos Amounted to $116.2 Million, $1.237 Billion for Year

Arsenii Anderson
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december revenues for detroit casinos amounted to 116 2 million

For December 2023, the three commercial casinos in Detroit recorded a monthly aggregate revenue (AGR) of $116.2 million, of which $111.4 million came from table games and slots and $4.8 million from retail sports betting.

The market shares for December were:

  • MGM – 44%;
  • MotorCity – 32%;
  • Hollywood Casino at Greektown – 24%.

Revenue from table games and slots in December 2023 is up 2.9% over December 2022. Additionally, December’s monthly income was 46.6% higher than November 2023. The revenue from table games and slots in the Detroit casinos fell by 2.7% from January 1 to December 31 of last year.

In comparison to December 2022, the casinos’ monthly gaming revenue figures were inconsistent:

  • MGM is down to $50.6 million, a 0.7% decline;
  • MotorCity was up to $34.7 million, a 5.1% increase;
  • Hollywood Casino in Greektown was up to $26.1 million, a 7.5% increase.

The three casinos in Detroit gave the State of Michigan $9.0 million in gaming taxes in December 2023. For the same month in 2022, they paid out $8.8 million. The casinos also claimed they paid the City of Detroit $13.8 million in wagering taxes and development agreement payments in December.

All three of the Detroit casinos had a 12.9% decrease in total income for the fourth quarter of 2023, which concluded on December 31, compared to the same time in 2022. The casinos’ quarterly gaming income was:

  • MGM: $118.6 million;
  • Motor City: $84.4 million;
  • Hollywood Casino at Greektown: $66.2 million.

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