“December Delight: Detroit Casinos Rake in $109.6 Million, Totalling $1.29 Billion for 2023!”

DETROIT, Jan. 14, 2025 — The trio of casinos in Detroit reported a cumulative monthly revenue (AGR) of $109.6 million for December 2024. Table games and slot machines accounted for $109.3 million, while retail sports betting contributed $276,509.

The market shares for December were as follows:

• MGM, 47%
• MotorCity, 30%
• Hollywood Casino at Greektown, 23%

Monthly Table Games, Slot Revenue, and Taxes
When compared to the same month last year, December 2024’s revenue from table games and slots showed a decline of 1.9%. In contrast, December’s monthly revenue was 2.7% higher than that of November 2024. From January 1 through December 31, the revenue from table games and slots at the Detroit casinos rose by 4.9% in comparison to the same timeframe last year.

The monthly gaming revenue outcomes for the casinos were varied compared to December 2023:

• MGM, increased by 1.3% to $51.2 million
• MotorCity, decreased by 4.8% to $33.0 million
• Hollywood Casino at Greektown, decreased by 4.1% to $25.1 million

In December 2024, the trio of Detroit casinos contributed $8.9 million in gaming taxes to the State of Michigan, down from $9.0 million for the same month in the previous year. The casinos also noted they submitted $13.5 million in wagering taxes and development agreement payments to the City of Detroit during December.

Quarterly Table Games, Slot Revenue, and Taxes
For the final quarter of 2024, concluding on December 31, total revenue increased for all three Detroit casinos by 18.7% compared to the same period the previous year. Quarterly gaming revenue figures for the casinos included:

• MGM: $149.9 million
• MotorCity: $97.8 million
• Hollywood Casino at Greektown: $71.8 million

Relative to the fourth quarter of 2023, MGM, MotorCity, and Hollywood Casino at Greektown saw increases of 26.4%, 15.9%, and 8.5%, respectively. These casinos paid a total of $25.9 million in gaming taxes to the state during the fourth quarter of 2024, up from $21.8 million in the same quarter of the previous year.

Monthly Retail Sports Betting Revenue and Taxes
The trio of Detroit casinos indicated a total retail sports betting handle of $19.77 million, with total gross receipts amounting to $279,649 for December. Retail sports betting qualified adjusted gross receipts (QAGR) saw a decline of 94.2% in December compared to December 2023, and an 85.6% drop in comparison to November 2024.

For December, QAGR by casino was as follows:

• MGM: negative ($154,514)
• MotorCity: $342,638
• Hollywood Casino at Greektown: $88,385

In December, the casinos provided $16,293 in gaming taxes to the state and reported $19,913 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Annual Revenue for Table Games, Slots, and Retail Sports Betting
The total yearly cumulative revenue from the three Detroit casinos for slots, table games, and retail sports betting reached $1.29 billion, derived from:

• Slots: $1.03 billion (79.8%)
• Table games: $250.96 million (19.4%)
• Retail sports betting: $9.7 million (0.8%)

The market shares for the year were:

• MGM, 47%
• MotorCity, 30%
• Hollywood Casino at Greektown, 23%

In comparison to 2023, the yearly gaming revenue from slots and table games for the three casinos was as follows:

• MGM, increased by 7.0% to $603.72 million
• MotorCity, increased by 3.3% to $385.87 million
• Hollywood Casino at Greektown, increased by 2.7% to $292.86 million

Cumulative retail sports betting qualified adjusted gross receipts (QAGR) for 2024 dropped by 30.6% to $9.7 million when compared to last year, with MGM accounting for $2.8 million, MotorCity for $4.0 million, and Hollywood Casino at Greektown for $2.9 million.

In 2024, the three Detroit casinos remitted $103.9 million in wagering taxes for slots and table games, along with $372,729 in taxes for retail sports betting. In 2023, those amounts were $99.0 million and $528,314 respectively.

Fantasy Contests
For the month of November, operators of fantasy contests reported total adjusted revenues of $1.2 million and taxes amounting to $100,486.

From January 1 through November 30, fantasy contest operators declared $8.5 million in aggregate adjusted revenues and paid $713,587 in taxes.

Gambling in any manifestation is solely for entertainment purposes. If you or someone you know might have a gambling issue, reach out to the National Problem Gambling Helpline at 1-800-GAMBLER, text 800GAM, or visit www.1800gamblerchat.org. Assistance is accessible 24/7 and is confidential and free of charge. Residents of Michigan can also check the Responsible Gaming page of the MGCB website for details regarding self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database, and DontRegretTheBet.org for additional resources to gamble responsibly.

The Michigan Gaming Control Board is dedicated to ensuring fair and honest gaming to safeguard the interests of Michigan’s citizens. Discover more at Michigan.gov/MGCB.