Detroit casinos' third quarter and September 2017 revenues and taxes reportedContact: Mary Kay Bean 313-456-1344
Detroit, October 11, 2017 – The three Detroit casinos’ third quarter revenue at $344.1 million fell a fractional 0.7 percent while September revenue at $113.6 million rose 1.3 percent. Revenues are compared with the same quarterly and monthly periods last year.
Third Quarter 2017 revenue detail
MotorCity’s third quarter revenue rose 1.6 percent to $117.3 million. Revenue fell 2 percent at MGM to $147.1 million and dropped 1.7 percent at Greektown to $79.7 million compared with third quarter 2016 results.
September revenue detail
Revenue rose at MotorCity 3.8 percent to $38.4 million and at Greektown 2.1 percent to $27.2 million compared with September 2016 results. MGM’s $48 million in revenue was down 1 percent compared with the same month last year.
The market shares were:
MGM, 42 percent
MotorCity, 34 percent
Greektown, 24 percent
During September, the three Detroit casinos paid $9.2 million in gaming taxes to the state of Michigan and reported submitting $18 million in wagering taxes and development agreement payments to the city of Detroit.
"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."