Detroit casinos' October 2017 revenues and taxes reportedContact: Mary Kay Bean 313-456-1344
Detroit, November 14, 2017 – The three Detroit casinos reported $112.7 million in aggregate revenue for October 2017, a 1.7 percent increase from the same month last year.
Year-to-date aggregate revenue of $1.17 billion rose 1.2 percent above the Detroit casinos’ revenue for the first 10 months of 2016. October revenue fell a fractional 0.9 percent compared with September 2017 results.
Revenue rose at MGM by 2.2 percent to $48.4 million and at MotorCity by 3.2 percent to $38.4 million when compared with October 2016 results. Greektown revenue was down 1.2 percent to $25.9 million compared with October 2016 results.
During October, the market shares were:
MGM, 43 percent
MotorCity, 34 percent
Greektown, 23 percent
During October, the three Detroit casinos paid $9.1 million in gaming taxes to the state of Michigan compared with $9 million for the same month last year. The three casinos reported submitting $13.9 million in wagering taxes and development agreement payments to the City of Detroit during October.
"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."