Michigan is currently home to 27 tribal and commercial casinos. The state’s gambling venues help to bring in a huge amount of valuable revenue. New reports indicate the popular Motor City Casino will officially open to the public on Wednesday.
This is one of the top casinos in the Detroit area. Analysts remain torn on whether or not this venue can bring in a large number of players right now, though. Today, we’re going to talk about how the state’s casino industry will fare over the next few months.
Let’s get into it!
Report Indicates Casinos Bring in $6.3 Billion to Michigan Annually
Over the past couple of decades, Michigan has developed a large and successful casino industry. Both tribal and commercial casinos are able to legally operate here. Most of Michigan’s casinos have been very successful over the years.
Back in March, all of the state’s casinos were forced to shut down. It was a tough blow for many local communities in this state. Casinos help to employ thousands of individuals and boost tourism. Revenue from this industry is already down considerably this year.
New reports are starting to show exactly how much money the state’s casinos bring in. New reports from the American Gaming Association have just surfaced that show casinos in Michigan bring in $6.3 every single year. It’s an incredible statistic that shows how important this industry really is for the state.
Casinos generate an estimated $1.3 billion in taxes for the state every year. Casinos here also pay out nearly $2.1 billion in wages to employees here. Lawmakers realized these gambling venues couldn’t stay closed forever and finally agreed to allow some of them to reopen this week.
On Wednesday, many of the state’s commercial casinos will finally begin accepting guests again. Much of the focus is on the casinos in and around Detroit. Analysts question how many people will be willing to visit these venues right now.
Motor City Casino is Set to Open Back Up Tomorrow
Michigan has taken its time opening back up. Unlike some states around the country, it’s been slowly phasing into new reopening plans and for the most part, rates of Covid-19 have been relatively low here. As time went on, however, more residents here began demanding that casinos be allowed to reopen.
As we just mentioned, these gambling venues employ a huge number of people throughout the state. Lawmakers finally agreed to safety measures introduced by casino companies and have given the green light for many to reopen tomorrow, August 5th. That includes the highly-popular Motor City Casino.
This property first opened in 1999 and has grown to become one of the most popular casinos in the state. When it finally reopens, things will look considerably different than they did at the start of 2020. Officials within the casino are offering a quick look at what guests here can expect.
For the foreseeable future, dealers will all be required to wear shields over their faces. Everyone in the casino will be required to wear masks. Plexiglass barriers have also been installed on table games to separate and protect players. Slots have been separated to promote social distancing, as well.
In total, this popular Detroit casino will only be allowed to take in 15% of its total capacity. That comes out to just 1,600 people.
Bruce Dall, President of the Motor City Casino, also cast aside any hopes of eating inside the casino.
“There won’t be any eating inside the casino because you have to lower your mask,” Dall said. “You have the opportunity, quite frankly, to order drinks though the slot machine. A cocktail server will bring it to you in a disposable glass, and when you’re seated at a machine, you can drink it — pull your mask down, take a sip, pull your mask back up.”
Casino gambling is a different experience right now. Perhaps things will remain like this for years to come. We’ll need to wait and see how much revenue this popular gaming venue manages to bring in over the next few months.
Can Sports Betting Help to Make Up for Lost Casino Revenue?
Even after the casinos in Michigan reopen, revenue here will likely be significantly lower than it was last year. We’re seeing significant losses in cities like Las Vegas, which allowed their casinos to open back up in early June. Some are now pointing towards Michigan’s new sports betting industry as a way to generate some much-needed gambling revenue.
Lawmakers in the state began presenting bills to legalize sports betting in 2018. By late 2019, many felt they’d finally come up with a safe plan to regulate this industry. Governor Gretchen Whitmer formally approved the “Lawful Sports Betting Act” in January and sports betting is now legal throughout the state.
Under the approved bill, both land-based and online sports betting is set to become available here. Several casinos have already opened their sportsbooks. Online sports betting platforms have not yet launched here.
Initially, the state’s regulated internet sportsbooks were expected to launch in 2021. Some now feel this process will be fast-tracked. Many experts feel it will help to bring the state more revenue at a time when it’s desperately needed.
In time, the Motor City Casino is likely to loosen its restrictions. The unfortunate truth is that no one knows how things will look six months from now. Make sure to stay tuned for updates!
Do you plan on visiting any casinos in Michigan? Which ones? Let us know in the comments section below!