Detroit Casinos are Still Behind, while Michigan Tribal Casinos Have Returned to Pre-Pandemic Levels
Widening the scope of the situation, however, reveals that tribal casinos have collectively recovered from the harm the COVID-19 outbreak did to the market. The three casinos in Detroit cannot claim the same thing.
Michigan Tribal Casinos Recovered Better than Detroit Casinos
The three casinos in Detroit had a decrease of 0.8% from 2021 while the tribal casinos witnessed a 2.2% decline in reporting year over year.
Collectively, tribal casinos predicted that 2022 will be a little better year than 2019, growing by 1.1%. Some tribal casinos saw quite a decline in revenue over the period from 2019 to 2022, like Bay Mills, which saw a decline of 23.3%. Other tribal casinos that saw a decline include Grand Traverse Band, Gun Lake, Little River Band, and Pokagon Band. However, most tribal casinos saw a negligible decline or an increase in profits:
- Hannahville Tribe saw an increase in revenue of 13.1%;
- Lac Vieux Desert Band – an increase of 5.8%;
- Saginaw Chippewa – an increase of 13.0%;
- Keweenaw Bay- an increase of 25.7%.
The same cannot be said about Detroit casinos.
Casinos in Detroit have had a 13.6% decrease in table game and slot revenue since 2019: