Detroit Casinos Revenues Down for July by less than 1/4% compared to the same month last year. Greektown revenues show an increase.

Detroit Casino Revenues & Wagering Taxes for July

The Michigan Gaming Control Board reports today that the aggregate revenue and taxes for all three Detroit casinos for the month of July 2009 were down by less than 1/4% compared to the same month last year, but were up by 5.3% compared to June 2009.

Revenue for MGM Grand Detroit, and MotorCity Casino were down by 5.4%, 9.62% respectively, whereas Greektown casino was up by 24.83% compared to the same month last year. The market shares for MGM, MotorCity and Greektown for the month of July 2009 were 41%, 31% and 28% respectively.

For the month of July 2009, gaming taxes for the 3 Detroit casinos were $10.61 million compared to $10.38 million for the same period last year.

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