Detroit casino revenues and wagering taxes reported for August 2017Contact: Mary Kay Bean 313-456-1344
DETROIT, September 12, 2017 - The three Detroit casinos in August earned $111.5 million in aggregate revenue, falling 3.8 percent below August 2016 results. August monthly aggregate revenue declined 6.3 percent compared with July 2017 revenue. Year-to-date aggregate revenue improved 1.1 percent compared with the first eight months of 2016.
Compared with August 2016 results, MotorCity revenue rose 1.5 percent to $38.4 million. MGM’s revenue was down by 6.7 percent to $47.9 million. Greektown revenue declined 5.7 percent to $25.2 million.
Monthly market shares were:
MGM, 43 percent
MotorCity, 34 percent
Greektown, 23 percent
The State of Michigan received $9 million in gaming taxes from the Detroit casinos during August compared with $9.4 million paid during August 2016.
The three Detroit casinos reported submitting $13.3 million in wagering taxes and development agreement payments to the City of Detroit during August.
"The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the State of Michigan."