{"id":148781,"date":"2020-09-15T07:56:41","date_gmt":"2020-09-15T14:56:41","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=148781"},"modified":"2020-09-15T08:51:12","modified_gmt":"2020-09-15T15:51:12","slug":"detroit-casinos-win-69m-first-month-revenue-down-42-percent","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/detroit-casinos-win-69m-first-month-revenue-down-42-percent\/","title":{"rendered":"Detroit Casinos Win $69M in First Month Back, Revenue Down 42 Percent"},"content":{"rendered":"

The three Detroit casinos collectively won $69.3 million in August, their first month back in operation following their state-ordered shutdowns that lasted four and a half months.<\/p>\n

\"Detroit
Detroit casinos are back in business, and business has been better than expected. (Image: MGM Grand Detroit)<\/figcaption><\/figure>\n

MotorCity and Greektown reopened August 5 — the first day permitted by Michigan Gov. Gretchen Whitmer (D). MGM Grand Detroit began welcoming back guests two days later on August 7.<\/p>\n

The venues are limited to 15 percent occupancy<\/a>, all employees and patrons are required to undergo temperature checks before entry, and they must wear face coverings while on the casino property, both indoors and out.<\/p>\n

Smoking inside is prohibited, table games are limited to three players each for blackjack, four players for roulette and midi baccarat, and six players for craps.<\/p>\n

Gross gaming revenue (GGR) was down 42 percent year-over-year. But city officials were pleased<\/a> with the roughly 25-day performance.<\/p>\n

\n

We are cautiously optimistic,” said David Massaron, the city’s chief financial officer, to The Detroit News<\/i>. “We are trending ahead of where we are in terms of the monthly forecast. But we don’t know what that portends for the year as a whole.”<\/p>\n<\/blockquote>\n

“We don’t know if that is pent-up demand, or if it is the beginning of the upward ramp-up,” he added.<\/p>\n

Though being open two less days, MGM still won the most money in August — $28.63 million. MotorCity was second at $25 million, and Greektown a distant third at $15.68 million.<\/p>\n

Financial Damage<\/b><\/h2>\n

Detroit’s three commercial casinos play a critical role in the Motor City’s finances. The state collects 8.1 percent of each gaming property’s casino win, while the city receives 10.9 percent.<\/p>\n

Detroit uses the casino money for hiring and training of police officers, downtown economic development, emergency medical services, anti-gang community initiatives, and other programs aimed at improving the quality of city life.<\/p>\n

\n

The city’s share of the August casino win was $8.25 million. That’s down more than half compared with the $18.46 million the city received in August of 2019. However, Massaron was forecasting a roughly $3 million casino payment from last month’s gambling.<\/span><\/p>\n<\/div>\n

Massaron expects the city to receive approximately $135 million from casinos in the 2020-21 fiscal year. That’s 25 percent less than the $184 million the city collected in 2019-20.<\/p>\n

Poker Comeback<\/b><\/h2>\n

Cooler temperatures are setting in, and that means many Detroiters are moving inside and looking for some indoor entertainment.<\/p>\n

Detroit casinos actually fare quite well in the winter months. December 2019 GGR totaled $127.83 million, which was the market’s second-best month of the year. November was the city’s fifth-strongest showing.<\/p>\n

MotorCity and Greektown are planning to welcome back poker players by opening their rooms as early as this week.<\/p>\n

\n

Detroit’s best Poker Rooms reopens NEXT WEEK!” an email sent this week from MotorCity explained. Greektown said it will have its poker room “back up in a few weeks.”<\/p>\n<\/blockquote>\n

The Michigan Gaming Control Board (MGCB) has not issued health safety directives for casinos reopening their poker rooms. The MGCB will need to sign off on such plans before a casino can resume poker play.<\/p>\n","protected":false},"excerpt":{"rendered":"

The three Detroit casinos collectively won $69.3 million in August, their first month back in operation following their state-ordered shutdowns that lasted four and a half months. MotorCity and Greektown reopened August 5 — the first day permitted by Michigan Gov. Gretchen Whitmer (D). MGM Grand Detroit began welcoming back guests two days later on […]<\/p>\n","protected":false},"author":25,"featured_media":148787,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\nDetroit Casinos Win $69M in First Month Back, Revenue Down 42 Percent<\/title>\n<meta name=\"description\" content=\"Detroit casinos won $69.3 million in August, their first month back in operation after their state-ordered shutdowns that lasted four and a half months.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Detroit Casinos Win $69M in First Month Back, Revenue Down 42 Percent\" \/>\n<meta property=\"og:description\" content=\"Detroit casinos won $69.3 million in August, their first month back in operation after their state-ordered shutdowns that lasted four and a half months.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/detroit-casinos-win-69m-first-month-revenue-down-42-percent\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-15T14:56:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-15T15:51:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/09\/MGM-Detroit-Reopens-0-3-screenshot-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/detroit-casinos-win-69m-first-month-revenue-down-42-percent\/\",\"url\":\"https:\/\/www.casino.org\/news\/detroit-casinos-win-69m-first-month-revenue-down-42-percent\/\",\"name\":\"Detroit Casinos Win $69M in First Month Back, Revenue Down 42 Percent\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/detroit-casinos-win-69m-first-month-revenue-down-42-percent\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/detroit-casinos-win-69m-first-month-revenue-down-42-percent\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/09\/MGM-Detroit-Reopens-0-3-screenshot-1.jpg\",\"datePublished\":\"2020-09-15T14:56:41+00:00\",\"dateModified\":\"2020-09-15T15:51:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"Detroit casinos won $69.3 million in August, their first month back in operation after their state-ordered shutdowns that lasted four and a half months.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/detroit-casinos-win-69m-first-month-revenue-down-42-percent\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/detroit-casinos-win-69m-first-month-revenue-down-42-percent\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/detroit-casinos-win-69m-first-month-revenue-down-42-percent\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/09\/MGM-Detroit-Reopens-0-3-screenshot-1.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/09\/MGM-Detroit-Reopens-0-3-screenshot-1.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Detroit casinos are back in business, and business has been better than expected. 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