Detroit casino income exhibits year-on-year recovery in August.
The MGCB announced that Detroit's three casinos accrued $106.1 million in revenue in August, reflecting a 1.0% decrease from July, however a 9.1% increase from August 2021.
In April, Detroit's revenue from table games and slots totalled $104.4 million, reflecting a 6.9% decrease from August 2021 and a 1.4% decline from July. Detroit's MGM casino generated $50.3 million, reflecting a 3.7% year-on-year decrease, but MotorCity accrued $32.3 million, seeing an 11.5% decline. Hollywood Casino in Greektown produced $21.8 million in revenue, reflecting a 6.7% decline compared to the previous year.
The three casinos sent $8.5 million in gaming taxes to the state of Michigan for the month, which is $600,000 less than the amount paid in August 2021. Furthermore, $16.5 million was disbursed in wagering taxes and development agreement payments to the city of Detroit.
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