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Detroit Casino Revenues and Wagering Taxes for October

The gaming revenues for MGM Grand Detroit, MotorCity Casino and Greektown Casino were $48.4 million, $37.8 million, and $24.7 million, respectively. The October revenues were down $7.1 million in comparison to the same month in 2007.

The October gaming taxes for the three Detroit casinos were $9.985 million in comparison to $14.306 million for October 2007. The decrease in the State of Michigan's gaming tax revenue, is due to the tax rollback approved for MGM Grand Detroit Casino and MotorCity Casino.

Spreadsheet attached.