Gambling in the USA
Detroit casinos’ year-to-date aggregate revenue falls 65 percent through July
The three Detroit commercial casinos’ aggregate revenue fell 65 percent year-over-year through July as the casinos were ordered to close March 16 and remained closed through July because of COVID-19-related public health concerns.
The casinos were allowed to reopen beginning at 10 a.m. Aug. 5 under Gov. Gretchen Whitmer’s Executive Order 2020-160.
In July 2019, the casinos recorded $119 million in aggregate revenue.
YTD Detroit casino results compared with 2019 (through July 31)
| Casino | YTD 2020 Revenue
(in millions) |
YTD 2019 Revenue
(in millions) |
YTD Change in Revenue from Previous Year (in millions) | YTD Percentage Comparison (+ or -) |
| MGM Grand Detroit | $126.5 | $366.8 | – $240.3 | – 65.5% |
| MotorCity Casino | $102.6 | $291.2 | – $188.6 | – 64.8% |
| Greektown Casino | $70.1 | $196.4 | – $126.3 | – 64.3% |
| Total | $299.2 | $854.4 | – $555.2 | – 65.0% |
Through July 31, the three casinos paid $24.2 million in gaming taxes to the State of Michigan compared with $69.2 million for the same period last year. The state received $45 million less in taxes compared with 2019.
The three Detroit casinos reported submitting $35.6 million to the City of Detroit in wagering taxes and development agreement payments through July 31. They paid $101.7 million to the city during the same seven-month period last year. Payments to the city this year have decreased $66.1 million compared with 2019.
Fantasy Contests
For the month ended June 30, fantasy contest operators reported total adjusted revenues of $488,050 and paid taxes of $40,996 to the State of Michigan.
Year-to-date through June 30, fantasy contest operators reported aggregate adjusted revenues of $4,052,669 and paid $340,424 in taxes to the State of Michigan.
Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
The Mechoopda Indian Tribe has announced that the Mechoopda Economic Gaming Authority (MEGA) Board has made the decision to suspend operations at Mechoopda Casino. The final day of operations will be Friday, January 31, 2025.
The Mechoopda Casino says this decision comes after months of deliberation and efforts to address the various challenges affecting the casino’s operations.
Dennis Ramirez, Tribal Chairman of the Mechoopda Indian Tribe, said: “Suspending operations at the Casino is a heart-wrenching decision that affects not only our Tribe but also our valued employees, customers, and the surrounding community. While this chapter is closing, our commitment to the Casino’s long-term vision remains steadfast. For over 25 years, this project has been a cornerstone of our economic development goals, and we will continue to work toward its future reopening.”
The Tribe is taking steps to support both its employees and community partners during this transition period:
Employee Support: The Tribe is committed to offering resources and guidance to assist team members through this difficult time.
Remaining Open Until January 31: The Casino will remain open through its final day of operation, giving guests the opportunity to enjoy the remaining days of service.
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