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Reading: Significant Surge: Michigan Casino Games Generate $1.3 Billion in Revenue, Doubling Profits in 2021
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Home > Blog > Casino & Games > Significant Surge: Michigan Casino Games Generate $1.3 Billion in Revenue, Doubling Profits in 2021
Casino & Games

Significant Surge: Michigan Casino Games Generate $1.3 Billion in Revenue, Doubling Profits in 2021

Stue Temoha
Last updated: November 28, 2022 8:58 am
Stue Temoha
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MGM Grand accounted for 43% of Detroit’s casino revenue, with MotorCity contributing 35% and Penn National’s Greektown the remaining 22%.

Slot games were the largest contributor to the total with $998.8m, or 77% of revenue. Table games contributed a further $268.0m (21% of casino revenue), with $27.0m coming from retail sports betting amounting to 2% of the revenue total.

Greektown led the way in sports betting revenue with $9.5m. MGM Grand’s sports betting revenue came to $8.8m, while MotorCity added $8.7m.

The casinos paid a combined total of $102.6 million in wagering taxes to the state of Michigan, compared with $50.3 million in 2020. $1.3m of retail sports betting tax was also submitted to the city of Detroit.

In December 2021, revenue from the three casinos totaled $112.5m. $111.4m came from table games and slots – a 405.0% increase on December 2020. Sports betting revenue added a further $1.1m.

MGM’s December revenue was up 576.5% from 2020, MotorCity reported a 284.9% increase, and Greektown’s revenue was up 365.9% year-on-year.

The combined betting handle for the three casinos came to $30.1m in December.

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By Stue Temoha
Stue Temoha is an expert writer with a profound passion for gambling and online gaming. With a career spanning over a decade, Stue has established himself as a trusted authority in the industry, offering deep insights into casinos, sports betting, poker, and the latest trends in online gambling. His writing is distinguished by meticulous research, clear analysis, and an engaging narrative style that demystifies complex concepts for readers of all levels. Stue's articles are a go-to resource for detailed reviews, strategic advice, and up-to-date industry trends, helping both novice and experienced gamblers navigate the dynamic gaming landscape.
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