In July, the total revenue of Detroit's casinos exceeded $106 million
Over the first seven months of 2023, the three casinos generated more than $749 million (72.6 billion rubles at current exchange rates) in revenue. This figure is over $6 million (581.6 million rubles) higher than the same period last year. In 2021, when strict COVID-19 restrictions were in place, total revenue was down by $28 million (2.7 billion rubles).
Hollywood Casino at Greektown was the only venue to report a year-over-year increase in monthly revenue, rising by 27.5% to $25.3 million (2.45 billion rubles). This growth offset the more modest results from its competitors, whose combined revenue increased by less than $1 million (almost 97 million rubles).
In terms of market share, MGM Grand Detroit led the month with 47%, generating $50 million (4.85 billion rubles) in revenue. It was followed by MotorCity Casino, which held 29% of the market and reported $31.4 million (3.04 billion rubles). Year-over-year, revenue for MGM and MotorCity declined by 2.4% and 10%, respectively.
The total revenue for Detroit's casinos in 2023 is projected to reach $1.28 billion (124.07 billion rubles). While this is lower than the $1.45 billion (140.5 billion rubles at today’s rates) earned in 2019, it represents a significant improvement over the results of the past three years.
The positive financial results for July were driven by slot machines and table games. Total revenue from sports betting amounted to $485,763 (over 47 million rubles), which is higher than June's figures, largely due to a $972,000 (over 94 million rubles) win by a patron at MotorCity last month.
Meanwhile, Turning Stone Resort Casino has been named the best in New York for the eighth consecutive year.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
