Detroit’s trio of commercial casinos, MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown, collectively generated $106.9 million in revenue during August. This marks a 4.6% decline compared to the $112.5 million reported in the same month last year, according to data released by the Michigan Gaming Control Board.
Breakdown of Revenue Streams
- Slots and Table Games: These traditional gaming activities remained the dominant source of income, contributing $105.7 million to the total.
- Retail Sports Betting: A much smaller segment, sports wagering brought in $1.2 million, reflecting a continued struggle to gain traction in the local market.
MotorCity Casino Defies the Trend
Of the three major casino operators in Detroit, MotorCity Casino stood out as the sole venue to report a year-over-year revenue increase for August. The casino generated $31.2 million, representing a 1.4% increase from the $30.8 million it earned during the same month in the previous year. While the growth may appear modest on the surface, it’s notable given the broader downward trend across the city’s gaming industry.
This uptick could be attributed to several strategic factors. MotorCity may have successfully leveraged targeted marketing campaigns, seasonal promotions, or exclusive player incentives that resonated with its customer base. Additionally, the casino’s investment in loyalty programs, entertainment offerings, or facility upgrades might have helped retain regular patrons and attract new visitors.
Declines at MGM Grand and Hollywood Casino
MGM Grand Detroit saw its revenue fall by 4%, slipping from $53.9 million in August 2022 to $51.7 million this year. Hollywood Casino at Greektown experienced the steepest drop, with earnings plunging 13% year-over-year, from $26.2 million to $22.8 million. This decline could be attributed to increased competition or a decrease in foot traffic.
Month-to-Month Comparison
Even when compared to July’s performance, the numbers were slightly down. Combined revenue dipped from $107 million to $106.9 million, indicating a relatively flat but downward trend heading into the fall season.
Legitimate Online Casino Options
In addition to the domestic online casino options in Michigan, residents also have access to legitimate online casinos operating from outside of the state. Offshore casinos have been accepting US players since the early 2000s, and have become the standard for many players.
Popular online casino games include blackjack, slots, video poker, roulette, baccarat, and other specialty games. You can even find live dealer games at some reputable offshore sites that are offered over a secure video and audio feed. With live games, players can choose a table based on the buy-in and game, sit at the table, wager, and interact with the dealer.