Detroit casinos record $114 million in revenue for May
Friday 13 de June 2025 / 12:00
2 minutos de lectura
(Detroit).- The three local casinos reported a combined revenue of $114 million for May 2025, with table games and slot machines accounting for $112.7 million, while retail sports betting brought in $1.3 million.
The three Detroit casinos collectively reported $114.0 million in revenue for May 2025. Of this total, table games and slot machines generated $112.7 million, while retail sports betting contributed $1.3 million.
Market Share Breakdown for May 2025:
- MGM Grand Detroit: 47%
- MotorCity Casino: 30%
- Hollywood Casino at Greektown: 23%
Table Games, Slot Revenue, and Taxes
Revenue from table games and slots at the three Detroit casinos increased 1.2% in May 2025 when compared to the same month last year. May’s revenue also showed a 3.0% increase compared to April 2025. From January 1 through May 31 of this year, table games and slots revenue decreased by 0.2% compared to the same period in 2024.
In comparison to May 2024, the revenue for each casino was as follows:
- MGM Grand Detroit: Up 2.4%, totaling $53.1 million
- MotorCity Casino: Up 0.6%, totaling $33.9 million
- Hollywood Casino at Greektown: Down 0.2%, totaling $25.7 million
In May 2025, the three casinos paid a total of $9.1 million in state gaming taxes, compared to $9.0 million in the same month last year. Additionally, the casinos submitted $13.4 million in wagering taxes and development agreement payments to the City of Detroit in May.
Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported a total retail sports betting handle of $9.2 million in May 2025, with total gross receipts amounting to $1.3 million. Retail sports betting’s qualified adjusted gross receipts (QAGR) decreased by 31.1% compared to May 2024 but showed an increase of $964,701 over April 2025.
QAGR by casino for May 2025 was as follows:
- MGM Grand Detroit: $72,060
- MotorCity Casino: $684,821
- Hollywood Casino at Greektown: $524,358
In May, the casinos paid $48,431 in state gaming taxes and reported submitting $59,193 in wagering taxes to the City of Detroit based on retail sports betting revenue.
Fantasy Contests
For April 2025, fantasy contest operators reported total adjusted revenues of $722,655 and paid $60,703 in taxes.
Categoría:Reports
Tags: Sin tags
País: United States
Región: North America
Event
Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe
(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.
Thursday 06 Nov 2025 / 12:00
SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year
(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.
Wednesday 05 Nov 2025 / 12:00
Roberta Metsola Opens SiGMA Central Europe with a Call for Innovation and Unity: “Europe Is Your Home”
(Rome).- In a powerful keynote that blended optimism with urgency, President of the European Parliament Roberta Metsola officially inaugurated SiGMA’s first-ever Central Europe summit in Rome. Addressing a packed audience of tech and gaming leaders, Metsola emphasized Europe’s role as a global hub for innovation, calling it “a place of the future” and urging the continent to embrace smarter regulation, faster growth, and bold investment in digital industries. Her message: Europe must lead—not follow—in shaping the next era of technology.
Wednesday 05 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.