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
|YTD 2019 Revenue
|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.
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.