Zona de Azar USA – Michigan Casinos Generate April Revenue of $109m

USA.- May 13th 2021 www.zonadeazar.com Michigan’s three commercial casinos reported April revenue of $109m, a 3% decline from the prior month.

The casinos, all located in Detroit, saw revenue fall 13% compared to April 2019. Michigan casinos were closed in April 2020 due to the Covid-19 pandemic.

Through the first four months of 2021, Michigan commercial casino revenue is up 31% compared to the same period a year prior.

MGM Grand Detroit led the state in April with revenue of $43.2m. MotorCity Casino Hotel was a close second with win of $40m, while Greektown Casino rounded out the trio with revenue of $24.3m.

Michigan collected $8.7m in gaming taxes for the month.

Retail sportsbooks generated handle of $24.3m with revenue amounting to $1.5m. Michigan reports retail sports betting figures separate from online.

MGM led the state with retail revenue of $605,000, followed by Greektown with $517,000 and MotorCity with $421,000.

Detroit casinos are operating at 30% capacity, some of the strictest limitations in the country. Gaming Control Board Director Richard Kalm expects to see a major boost in activity once restrictions are loosened.

“When those casinos open at full capacity, you’re going to see that cross pollination, that cross promotions in order to keep the numbers robust in the casinos regional environment,” he told Gaming America last month.

Edited by: @MaiaDigital www.zonadeazar.com