Revenue Down 13.7 Percent at Detroit Casinos in February

Revenue Down 13.7 Percent at Detroit Casinos in February

Most of the competition from Ohio casinos was due to the Hollywood Casino Toledo, which has drawn gamblers from southeast Michigan and given gamblers in Ohio a closer casino to visit rather than traveling to casinos in Detroit.

While some of the drop in revenue can be attributed to the fact that 2012 was a leap year and had one additional day, gaming experts say as much as a 5 percent of the decline may be due to Ohio casinos.

Greektown Casino saw the largest drop in revenue, with numbers dropping 18.4 percent to $26.6 million, and MotorCity Casino saw the smallest drop with revenue down 10.8 percent in February when compared to last year.

American Casino Guide