MGM Grand Detroit Leads with 47% Share as Detroit Casino Revenues Slide
Wednesday 08 de October 2025 / 12:00
2 minutos de lectura
(Detroit).- The Michigan Gaming Control Board has released figures indicating that Detroit’s trio of casinos—MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown—raked in $98.9 million in revenue this past September. While the three venues have remained key players in the city's entertainment landscape, the revenue from table games and slot machines shows a 3.0% drop compared to the same month last year and a 7.1% decrease from the previous month of August.
In the September revenue breakdown, the Michigan Gaming Control Board's report shows that MGM Grand Detroit held the largest market share at 47%, with MotorCity Casino at 30%, and Hollywood Casino at Greektown trailing at 23%. Specifically, MGM Grand Detroit pulled in a revenue of $45.9 million, though this represents a slide of 3.8% from September of the previous year. MotorCity Casino earned $28.9 million, with a sharper decline of 7.2%, while Hollywood Casino at Greektown bucked the trend somewhat with a revenue increase of 4.5%, amounting to $23.4 million.
State gaming taxes from these establishments summed up to $8.0 million in the month of September, seeing a slight decrease from September 2024’s $8.2 million. Additionally, the casinos contributed a combined total of $16.1 million in wagering taxes and development agreement payments to the City of Detroit, according to the Michigan Gaming Control Board.
The sector of retail sports betting, while less significant in the overall revenue stream, posted a gross handle of $13.5 million in September 2025. This activity spurred a total gross receipt of $775,903. However in a telling metric, the qualified adjusted gross receipts (QAGR)—the portion of revenues after payouts to bettors—saw a downshift of 1.1% from September 2024 and a notable 39.8% from August 2025. The distribution of QAGR amongst the casinos was uneven with MGM Grand Detroit at the top with $394,500, MotorCity Casino in the middle with $589,142, and Hollywood Casino at Greektown experiencing a loss, posting negative ($236,217) in QAGR.
Joining the revenues discussion, fantasy contest operators also made their mark in September's fiscal landscape. The adjusted revenues reported by these entities amounted to $756,745, which translated into tax payments of $63,567 for the state.
Categoría:Reports
Tags: MGM,
País: United States
Región: North America
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