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FOR IMMEDIATE RELEASE
Contact: [email protected]

Detroit casinos report $109.44M in April revenue

DETROIT, May 14, 2024 ? The three Detroit casinos reported $109.44 million in monthly aggregate revenue (AGR) for the month of April 2024, of which $107.87 million was generated from table games and slots, and $1.57 million from retail sports betting.

The April market shares were:

• MGM, 46%
• MotorCity, 30%
• Hollywood Casino at Greektown, 24%

Monthly Table Games, Slot Revenue, and Taxes
The casinos? revenue for table games and slots for the month of April 2024 decreased 1.6% when compared to the same month last year. April?s monthly revenue was 11.8% lower when compared to the previous month, March 2024. From Jan. 1 through April 30, the Detroit casinos? table games and slots revenue decreased by 1.6% compared to the same period last year.

The casinos? monthly gaming revenue results were mixed compared to April of last year:

• MGM, down 0.7% to $49.86 million
• MotorCity, down 4.5% to $32.68 million
• Hollywood Casino at Greektown, up 0.6% to $25.33 million

In April 2024, the three Detroit casinos paid $8.74 million in gaming taxes to the State of Michigan. They paid $8.88 million for the same month last year. The casinos also reported submitting $12.8 million in wagering taxes and development agreement payments to the City of Detroit in April.

Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $15.28 million in total retail sports betting handle, and total gross receipts were $1.57 million for the month of April. Retail sports betting qualified adjusted gross receipts (QAGR) were up by $1.5 million in April when compared to the same month last year. Compared to March 2024, April QAGR was down by 1.7%.

April QAGR by casino was:

• MGM: $475,492
• MotorCity: $516,812
• Hollywood Casino at Greektown: $578,131

During April, the casinos paid $59,362 in gaming taxes to the state and reported submitting $72,554 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests
For March 2024, fantasy contest operators reported total adjusted revenues of $494,162 and paid taxes of $41,510.

Gambling in any form is for entertainment purposes only. If you or someone you know may have a gambling problem, contact the National Problem Gambling Helpline, which offers hope and help without stigma or shame. Call 1-800-GAMBLER, text 800GAM, or visit www.1800gamblerchat.org. Help is available 24/7 and is free and confidential. Michigan citizens can also visit the Responsible Gaming page of the MGCB website for information on self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database, and DontRegretTheBet.org for additional tools to game responsibly.

The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the state of Michigan. Learn more at Michigan.gov/MGCB.

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• 2024.05.14-PR-Detroit_Casinos_April_Revenue.pdf
• Detroit_Casino_Revenue-April_2024.xlsx
• Detroit_Casino_RSB-April_2024.xlsx
• Fantasy_Contests-March_2024.xlsx

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