Detroit casino revenues and wagering taxes reported for full-year and December 2017

Contact: Mary Kay Bean 313-456-1344

Detroit, Jan. 9, 2018 – The three Detroit casinos reported $1.401 billion in 2017 aggregate revenue, notching a 1.1 percent increase over 2016 revenue totals.  Slots contributed $1.14 billion, or 81 percent, of annual revenue, and table games brought in $260 million, or 19 percent. 

MotorCity led in year-over-year revenue gains with a 2.3 percent increase to $478.6 million. Greektown revenue rose 1.26 percent to $329.7 million. Revenue was up a fractional 0.01 percent at MGM to $592.2 million.

During 2017, the three Detroit casinos paid $113.4 million in gaming taxes compared with $112.2 million in 2016. 

The three Detroit casinos reported paying the City of Detroit $177.4 million in wagering taxes and development agreement payments during 2017.

Full-year market shares were:

  • MGM, 42 percent

  • MotorCity, 34 percent

  • Greektown, 24 percent

December results

Aggregate revenue during December fell a fractional 0.6 percent compared with December 2016 results. December revenue was 2.7 percent higher than November results.

The following compares December 2017 results with the same month in 2016:

 

December Gaming Revenue

(in millions)

Increase/Decrease

MGM

$50.0

-1.8%

MotorCity

$39.9

+ 0.9%

Greektown

$26.3

- 0.7%

 

December market shares were:

  • MGM, 43%

  • MotorCity, 34%

  • Greektown, 23%

During December, the Detroit casinos paid $9.4 million in gaming taxes compared with $9.5 million paid in December 2016.

The three Detroit casinos reported paying $14.7 million in wagering taxes and development agreement payments to the City of Detroit during December 2017.

"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."