Also a good month for Barstool Sportsbook In terms of actual dollars, Greektown is $16.8 million ahead of its pace from last year, more than covering the combined decline of $11.2 million from MGM Grand and MotorCity. Its $32.5 million in revenue for June was 3% off last year’s amount, while the $196.1 million in total gaming revenue from January through June is 3.2% lower than last year. MotorCity had the steepest drops in both year-over-year and year-to-date revenue totals.

It narrowly cleared $300 million in revenue for the first half of 2023, while its total year-to-date haul is down 1.5% compared to 2022.

MGM Grand continued to dominate market share for revenue, landing at 46% for June, but the $47 million in winnings was down 2.7% versus last June. June’s revenue of $22.4 million at the PENN Entertainment venue was up 36.8% compared to 2022, and the $145.1 million in overall casino revenue thus far represented a 13.1% increase from last year’s $128.3 million. Though the smallest of Detroit’s three casinos in terms of total revenue, Hollywood Greektown is having the best year of the threesome when it comes to year-over-year comparisons. Greektown continues to do strong business The state has received $52 million in casino gaming taxes, less than $500,000 ahead of last year’s pace, while the inflow of $80.4 million into Detroit coffers is $4.7 million more than the comparable period in 2022. The three casinos generated $642.4 million in revenue for the first half of 2023, up 0.9% compared to the first six months of last year. Hollywood Greektown was the only venue of the trio to post a year-over-year gain, though decreases by MGM Grand and MotorCity were relatively light. Overall, the MGCB reported $101.9 million in casino games revenue outside of sports wagering, up 3.8% from June 2022 but down 2.7% compared to May. The book had a 10.9% win rate last year, claiming $5.8 million in gross winnings from $53 million worth of accepted bets. MotorCity’s sportsbook finished the first half of 2023 down nearly $1.2 million on $22.8 million handle, operating with a minus-5.1% hold. It was the second-largest monthly loss for MotorCity - and for any of the city’s three brick-and-mortar sportsbooks since launching in March 2020 - behind the $1.7 million loss in April suffered in part because of UConn winning the NCAA Tournament.

The Michigan Gaming Control Board released June figures for Detroit’s three casinos, and overall, MotorCity paid out $691,118 on top of its $2.1 million in accepted bets. MotorCity Casino’s retail sportsbook finished in the red in June for the second time in three months, thanks in large part to the FanDuel-powered venue paying out a single bettor $972,000.

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