Detroit commercial casinos post record $1.45bn in annual revenue

22 January 2020

The three commercial casinos in Detroit, Michigan, posted a record $1.45bn (£1.11bn/€1.31bn) in adjusted gross revenue for the 12 months to 31 December 2019.

Combined adjusted gross revenue for the MGM Grand Detroit, MotorCity Casino and Greektown Casino was up 0.7% year-on-year, or a $10m improvement on 2018.

Detroit was boosted by record performances by the MGM Grand Detroit and MotorCity Casino, which both reported their highest annual adjusted gross revenue totals since opening in 1999.

MGM Grand Detroit posted $623.5m in revenue, up by 0.7% on $619.2m in the previous year, making it the leading venue in Detroit with a market share of 43%.

Read the full story on iGB North America.