Tag Archives: Detroit
US – Detroit casinos generate $101.8m in November
The three Detroit casinos reported $101.8m in monthly aggregate revenue in November. Table games and slots generated $99.9m in revenue, while retail sports betting produced $1.9m. Market shares during November were MGM Grand Detroit Casino, 47 per cent, MotorCity Casino, 30 per cent and Hollywood Casino at Greektown, 23 per cent. Table games and slot…
US – Detroit casinos generate GGR of $102.8m in October
The three Detroit casinos reported $102.8m in monthly aggregate revenue in October. Table games and slots generated $100.7m in revenue while retail sports betting generated a $2.1m. Aggregate revenue declined nearly 10 per cent compared with $114.1m in monthly aggregate revenue reported for October 2021. Market shares during October saw MGM Grand Detroit Casino with…
US – Detroit casinos generate $103.4m monthly revenue in September
The three Detroit casinos – MGM Grand Detroit Casino, MotorCity Casino, and Hollywood Casino at Greektown – reported $103.4m in monthly aggregate revenue in September. Table games and slots generated $100.8m in revenue while retail sports betting produced $2.6 million in revenue. September market shares were MGM 48 per cent, MotorCity 31 per cent and Hollywood Casino at Greektown…
US – Michigan Gaming Control Board to renew Motor City’s casino licenses
The Michigan Gaming Control Board voted unanimously to approve the one-year renewal of the licenses for the three Detroit casinos during a public meeting. By law, three votes are required in support of final determinations of the board on applications for casino license. “A casino license is a privilege granted by the State of Michigan,”…
US – Slots help drive rebound in Detroit
The three Detroit casinos reported $1.294bn yearly revenue in 2021 with slots generating 77 per cent of revenue at $998.8m, table games provided 21 per cent of revenue at $268m and retail sports betting added two per cent of revenue at $26.95m. By comparison, the casinos produced nearly $639m in aggregate revenue in 2020 and…
US – Michigan’s online sportsbooks increase in August with online gaming reaching new heights
Volume at Michigan’s online sportsbooks narrowly ticked up in August to more than $192m, pushing Michigan past $2bn in online and retail wagering for the year. The modest gain did not lead to more revenue, though, as sportsbooks set the stage for four of the busiest months of the year. “August marks the beginning of…
US – Detroit’s casinos down 29 per cent from before the pandemic
The three Detroit casinos reported $86.38m in monthly aggregate revenue during February while operating at limited capacity due to COVID-19 health concerns. Table games and slots generated $86.46m in revenue while retail sports betting produced a $77,627 loss. MGM Grand Detroit Casino had 40 per cent of the market, MotorCity Casino had 36 per cent…
US – WynnBET partners with Detroit Pistons
WynnBET is now a partner of the Detroit Pistons. As part of the multi-year deal, several new co-branded marketing efforts will be introduced that enhance the fan experience, providing fresh ways for the devoted base to interact with their favourite team beyond just game day – both online and off. Anchoring the partnership is a…
US – Management team takes over ownership of JACK Entertainment
There has been a behind the scenes change of ownership at JACK Entertainment with Cleveland Cavaliers owner Dan Gilbert, the Founder and Owner of JACK Entertainment, selling the casino company to its management team in December. The terms of the deal have not been disclosed, but Board Chairman Matthew P. Cullen did confirm: “As of…
