Detroit Casino Revenue Up 2.6% in June

The Michigan Gaming Control Board reports that the Motor City's three brick-and-mortar casinos saw a total AGR of $105.4M in June, up 2.6% year-over-year.

Ziv Chen - News Editor at Covers.com
Ziv Chen • News Editor
Jul 10, 2024 • 14:52 ET • 4 min read
Detroit skyline
Photo By - USA TODAY Sports

In-person casino gambling remained popular with Motor City bettors in June.

According to a recent report from the Michigan Gaming Control Board, Detroit’s three commercial brick-and-mortar casinos yielded a total Adjusted Gross Revenue (AGR) of $105.4 million for June, up 2.6% year-over-year.

Of the total AGR, $104.5 million came from slots and table games, with the remaining revenue from retail sports betting.

MGM Grand Detroit held the largest share of the market in June, collecting 46% of the total AGR. Reporting $48.7 million in revenue, MGM saw a 3.6% year-over-year rise.

MotorCity Casino came in second place with a 30% market share. However, the operator's $31.4 million AGR was a 3.1% decrease from June 2023.

Hollywood Casino at Greektown took the remaining 24% of the monthly market share with $24.3 million, a 9% increase compared to the same month last year.

The three Detroit casinos paid a combined $8.5 million in taxes to the state, a 2.4% increase year-on-year.

Bounceback year

While last month's AGR represents a 6% decline from the $111.3 million generated in May, it's the highest June revenue recorded since June 2021, which peaked at $105.8 million.

With a combined $644.7 million AGR from slots and table games in the first six months of 2024, Michigan’s casinos are having their most successful year since 2019.

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Ziv Chen is an industry news contributor at Covers.com

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