Detroit’s three casinos – MGM Grand Detroit, MotorCity Casino Hotel, and Greektown Casino – reported a combined revenue of $112.5m in the month of August, a strong showing that has industry experts buzzing.
MGM Grand Detroit led the way with $47.2m in revenue, followed closely by MotorCity Casino Hotel with $38.3m. Greektown Casino brought in $27m, rounding out the impressive numbers for the city’s gaming establishments.
The revenue figures are particularly noteworthy given the ongoing challenges posed by the COVID-19 pandemic. Despite capacity limits and other restrictions in place, Detroit’s casinos have managed to attract a steady stream of patrons eager to try their luck at the gaming tables and slot machines.
Experts attribute the strong performance to a combination of factors, including pent-up demand from patrons who have been cooped up at home for months, as well as effective marketing strategies and promotions from the casinos themselves.
“The August revenue numbers are a clear indication that the Detroit casino market is rebounding from the challenges of the past year,” said one industry analyst. “It’s a positive sign for the future of gaming in the city.”
The news of the strong revenue showing comes on the heels of other positive developments for Detroit’s casinos. Earlier this year, the three establishments were granted approval to offer online sports betting and casino games, a move that is expected to further boost their bottom line.
In addition, plans are in the works for a new casino to be built in downtown Detroit, a development that could bring even more revenue to the city’s gaming sector.
Overall, industry experts are optimistic about the future of Detroit’s casinos, with many expecting continued growth and strong revenue numbers in the months and years to come. With a combination of exciting games, top-notch amenities, and a commitment to safety and cleanliness, Detroit’s casinos are poised to remain a top destination for gaming enthusiasts from near and far.