Industry
Detroit Casinos Generate $82.8M in October, Hits Lowest Monthly Revenue in 4 Years
By: Jessica AletorDetroit casinos suffered a significant decline in revenue in October due to the ongoing workers' strike. The casinos generated $81.7 million from slots and table games and recorded $1.1 million in revenue from retail sports betting.
20/11/2023/
IndustryCaesars Announces Hybrid Dealer Games Partnership with Inspired Entertainment
By: Jessica AletorCaesars has partnered with Inspired Entertainment to launch hybrid dealer games, a patent-pending gaming technology that offers 24/7 live games without studios. Caesars joins BetMGM as the second online casino to provide this innovative product in Michigan.
13/11/2023/
IndustryESPN Bet to Launch in Michigan Nov. 14 With MGCB Regulatory Approval Imminent
By: Jessica AletorPENN Entertainment confirms ESPN Bet's November 14 launch date in Michigan, pending approval from the Michigan Gaming Control Board. PENN will be looking to launch ESPN Bet simultaneously in all 17 states where it has a sports betting license.
13/11/2023/
IndustryUnion Leaders Demand Almost 70% More Wages Than Casinos Are Willing to Offer
By: Jessica AletorDetroit casinos are grappling with a prolonged union strike, now in its fourth week. Disagreements over wages and healthcare persist, with leaked negotiations revealing a $3.25 per hour wage demand by unions, contrasting with the casino's $1.95 offer.
13/11/2023/
IndustryDetroit Casino Workers Insist on their Terms
By: Jessica AletorThe Detroit Casino Council began a strike in October, demanding higher wages and better welfare packages from the casinos. So far, the casinos have been unyielding, and it is suspected that a spike in online casino revenues may strengthen their stance.
03/11/2023/
IndustryCaesars Online App Gaining Favour with Michigan Players, Q3 Report Shows
By: Jessica AletorCaesars Palace launched their standalone online casino app in mid-August to try to appease its pure casino loving customers to remain or return to them. Early signs from September show that their target demographic is taking a liking to it, with some reactivated customers also walking into their brick-and-mortar locations.
03/11/2023/
IndustryDetroit Casinos Revenue Decline Breaks 9-Month Streak Before Strike Starts
By: Jessica AletorAll Detroit Casinos fell short of the $100m total revenue mark in September. Hollywood Casino’s revenue improves against last year’s figures while MGM’s numbers continue to decline. Amidst all this, the three casinos keep losing money because of the workers’ strike.
02/11/2023/
IndustrySeptember Revenue at MI iCasinos Up 29.3% From 2022, Lifetime Receipts Top $4 Billion
By: Jessica AletorMichigan's online casinos saw robust growth in September 2023, generating $166.4 million in revenue and contributing to the state crossing the $4 billion lifetime revenue milestone. DraftKings also overtook FanDuel with a record-breaking $37.1 million in monthly revenue.
26/10/2023/
IndustryFireKeepers Becomes First Michigan Casino Powered By 100% Renewable Energy
By: Jessica AletorFireKeepers Casino in Michigan announced groundbreaking achievements for October, including new gaming and dining options. The standout news is the casino’s commitment to powering its outlet using 100% renewable energy, thanks to a partnership with Consumers Energy.
19/10/2023/
IndustryDetroit Casino Workers Embark on Indefinite Strike After Failed Negotiations
By: Jessica AletorDetroit casino workers have embarked on an historic strike, the first of its kind in the city’s history. The strike, which involves 3,700 workers, centers on demands for healthcare, better wages, job security, workload reductions, and retirement benefits.
18/10/2023/
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