The total revenue of Detroit's gambling industry in August reached nearly $105 million
Although the overall revenue from Michigan's gaming establishments remained stable compared to 2022, it marked a 1.7% decline from the previous month. Among the three casinos, Hollywood Casino in Greektown reported the strongest performance, despite holding the smallest market share. The casino earned $24.4 million (2.35 billion rubles) in August, which is a 3.6% decrease from July but an 11.7% increase compared to the same month in 2022.
The other two commercial casinos, MGM Grand Detroit and MotorCity Casino, reported revenues of $50.1 million (4.8 billion rubles) and $31.4 million (over 3 billion rubles), respectively. Both establishments experienced a slight decline in revenue compared to August of the previous year and July 2023.
A closer look at Hollywood Casino's statistics reveals that from January to August, the casino's revenues consistently exceeded those of the same months in 2022. Notably, from June to August, the year-over-year growth consistently reached double digits, with June seeing a remarkable 36.8% increase in revenue.
As a result, Hollywood Casino's performance has helped stabilize the overall market figures. According to the regulator's report, total revenue from slot machines and table games has risen by 0.8% since the beginning of the year.
Meanwhile, analysts at Morgan Stanley have revised their 2023 profit forecast for Macau's gaming sector downward by 5%.
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 ...
