 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Related Links
Related News
|
Gaming News
Detroit casinos report $114.0 million in May 2025 revenue13 June 2025(PRESS RELEASE) -- 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 Casino: 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 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. |