The three land-based commercial gambling houses in Detroit, Michigan, observed an increase in earnings of 8.9% year-over-year in April, reaching $118.7 million (£97.1 million/€114.2 million).
The figure outstripped the $109.9 million generated by these establishments in April of the previous year, but was 3.4% lower than the $122.9 million recorded in March, data released by the Michigan Gaming Control Board (MGCB) reveals.
The growth was primarily attributed to the fact that last April, the three casinos were operating at below typical capacity in accordance with the state’s novel coronavirus (Covid-19) measures, while this year, these limitations have been removed.
MGM Grand Detroit maintained its leading position with a 48% market share, ahead of MotorCity Casino (31%) and Penn National’s Greektown Casino-Hotel (21%).
In April, table games and slot machine earnings totaled $116.9 million, up 8.8% year-over-year.
MGM led the way in this category, with revenue of $56.8 million, up 31.4% year-over-year. In contrast, MotorCity’s table games and slots revenue decreased 8.8% to $36.4 million, while Greektown’s fell 2.6% to $23.7 million.
Total qualified adjusted gross receipts (QAGR) from sports wagering activities were $1.9 million, up 21.3% from a year prior.
The Hellenic metropolis leads the pack in terms of sports wagering compound annual growth rate, achieving a staggering $912,513, outpacing Motor City ($552,841) and MGM ($405,385).
Gaming establishments processed a total of $24.8 million in sports wagers, resulting in $1.9 million in overall income, with $70,714 allocated to state levies and Detroit receiving $86,428 in retail sports betting taxes.
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