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Hollywood Casino In Detroit Boosts August Gambling Revenue .29%

Written By J.R. Duren on September 13, 2023 - Last Updated on November 29, 2023
Blackjack Table At Hollywood Casino Greektown In Detroit Michigan with August 2023 revenue

Revenue from Detroit’s three casinos ticked up year-on-year but fell 1.7% compared to July, according to the Michigan Gaming Control Board’s (MGCB) monthly revenue report.

Of note in the MGCB’s latest data is that the year-on-year hot streak that Hollywood Casino at Greektown continued, marking three consecutive months in which the casino posted double-digit yearly revenue growth.

A look at August revenue numbers for Detroit casinos

Overall, Michigan’s three commercial casinos generated $104.9 million in total revenue in August. Slots and table games accounted for $104.6 million in revenue, while retail sports betting generated around $322,000 in revenue.

Both totals represented a decline in revenue compared to July. However, Detroit casino revenue was up 0.29% year-on-year.

CasinoJuly 2023 RevenueAugust 2023 Revenue% Change, Month-on-Month% Change, Year-on-Year
MGM Grand Detroit$50.1 million$49.6 million-1.0%-1.7%
MotorCity Casino Hotel$31.4 million$30.9 million-2.2%-5.0%
Hollywood Casino at Greektown$25.7 million$24.4 million-3.6%11.7%
Total$107.2 million$104.9 million-1.7%0.29%

Hollywood Casino at Greektown continues hot streak

The trend over the past three months has been all Hollywood. The casino, while typically generating the lowest amount of revenue, is the only casino of Detroit’s three properties to post:

  • Four straight months of year-on-year revenue gain
  • Double-digit growth in any month since May
  • Year-on-year growth in any month since May
  • Positive year-on-year growth every month this year

The city’s two other commercial casinos, MGM and MotorCity, haven’t been able to post positive year-on-year revenue growth since February.

MonthMGM Grand Detroit Year-on-Year Growth (%)MotorCity Casino and Hotel Year-on-Year Growth (%)Hollywood Casino at Greektown Year-on-Year Growth (%)
August-1.7%-5.0%11.7%
July- 2.4%-10.0%27.5%
June-2.7%-3.0%36.8%
May-1.4%-7.1%7.4%
April-11.5%-6.1%6.3%
March-2.7%-9%7.5%
February8.2%7.9%16.3%
January3.2%1.3%11.9%

Total 2023 Michigan casino revenue is up year-on-year

Despite the city’s two biggest revenue earners sputtering over the past six months, Hollywood’s strong performances have steadied the three casino’s joint revenue totals.

Slots and table games revenue is up 0.80% year-to-date, according to the MGCB’s August revenue report.

 

Photo by Hollywood Casino Greektown; illustrated by PlayUSA
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J.R. Duren

J.R. Duren has covered the gambling beats for more than a dozen states for Catena Media since 2015. His past reporting experience includes two years at the Villages Daily Sun, and he is a first-place winner at the Florida Press Club Excellence in Journalism Contest.

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