Detroit casinos continue revenue rise

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The three Detroit casinos have generated a monthly aggregate revenue of US$123.86m for March 2024.

$122.26m of that was generated from table games and slots, a 3.8 per cent rise from March 2023, and a 16.7 per cent rise from February 2024. For the whole quarter ending March 31, 2024, however, this marked a 1.6 per cent fall compared to Q1 2023.

The other $1.6m of monthly aggregate revenue was generated from retail sports betting, with a total retail sports betting handle of $17.25m. Retail sports betting qualified adjusted gross receipts were up 13.2 per cent in March from March 2023, and up by $1.7m against February 2024.

MGM had 46 per cent of the market share, MotorCity had 31 per cent and Hollywood Casino at Greektown had 23 per cent.

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