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Detroit commercial casinos total revenue topped $1.4 billion in 2019

27 January 2020

(PRESS RELEASE) -- The three Detroit commercial casinos reported record adjusted gross revenue of $1.454 billion during 2019, which is more than $10 million higher than the previous record revenue of $1.444 billion set in 2018.

Both MGM Grand Detroit Casino and MotorCity Casino experienced their highest yearly adjusted gross revenue totals since the casinos opened in 1999. MGM Grand Detroit reported $623.5 million in yearly revenue compared with $619.2 million in 2018, which was its previous record revenue year. It was a 0.7 percent year-over-year increase.

MotorCity’s $493.6 million in yearly revenue also surpassed its former record of $489.7 million set in 2018. It was a 0.8 percent year-over-year increase.

Greektown Casino Hotel reported $337.2 million in adjusted gross revenue in 2019, which fell short of the casino’s all-time record $352.8 million in revenue established in 2011. Full-year 2019 revenue increased 0.6 percent year-over-year compared with 2018.

Taxes and Other Payments

The three casinos paid the State of Michigan $117.8 million in gaming taxes in 2019 compared with $117 million in 2018. The casinos paid $10.4 million in gaming taxes to the state in December compared with $10.3 million during December 2018.

The three casinos reported making $184.2 million in wagering taxes and development agreement payments to the city of Detroit throughout 2019. During December, the casinos reported making $16.2 million in wagering taxes and development agreement payments to the city.

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