Detroit

Detroit's Casinos Generate $98.8 Million in February Revenue, MGM Grand Leads Despite Industry Dip

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Published on March 11, 2025
Detroit's Casinos Generate $98.8 Million in February Revenue, MGM Grand Leads Despite Industry DipSource: Ralf Roletschek, CC BY-SA 3.0, via Wikimedia Commons

The Motor City's casino scene has reported a cool $98.8 million in monthly aggregate revenue for February, as announced by the Michigan Gaming Control Board. Main revenue drivers were table games and slots, which brought in $98.0 million, while retail sports betting pitched in with $815,561. MGM Grand Detroit claimed the lion's share of the market at 47%, trailed by MotorCity Casino with 29%, and Hollywood Casino at Greektown securing 24%.

When breaking down the numbers, there's a slight slip in the casinos' fortune – February's figures have taken a 6.4% dip compared to the same month in the previous year, though when you look at the span from January 1 through February 28, there's a marginal uptick of 0.8% from 2024. MGM has felt a 5.9% decline at $46.4 million, MotorCity's numbers are down by a steeper 10.1% leaving them with $28.4 million, and Hollywood Casino at Greektown eased down just a bit with a 2.7% drop resulting in $23.2 million in revenue.

The casinos have contributed $7.9 million in state gaming taxes for the month, which is marginally less than the $8.5 million handed over in February of the prior year with an additional $11.7 million having gone towards wagering taxes and development agreement payments to the city of Detroit, which reflects their ongoing commitment to local economic contributions.

The sports betting scene showed a mix of fortunes in February, with total handle sitting at $8.2 million and gross receipts touching $820,450, the qualified adjusted gross receipts (QAGR) saw an uptick year-over-year by $940,414 yet when pitted against January 2025, it’s taken a tumble by $1.7 million, MGM netted $202,085 in QAGR, MotorCity cashed in $566,313 and Hollywood Casino at Greektown rounded up $47,163, in the month, these establishments have also made contributions towards the communal pot by paying state gaming taxes to the tune of $30,828 and wagering taxes worth $37,679 to Detroit. Let's not overlook fantasy sports which raked in $1.3 million in adjusted revenues for January and paid out $109,531 in taxes.