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Detroit Casinos Revenues Down for August by 5.4% compared to the same month last year. Greektown revenues show an increase.
September 08, 2009
Detroit Casino Revenues & Wagering Taxes for
aggregate revenue and taxes for all 3 Detroit casinos for the month of August, 2009 were down by 5.4% compared to the same month last year and also down by 3.2% compared to the last month (July 2009 ).The Michigan Gaming Control Board reports today that the For the month of August 2009, gaming taxes for the 3 Detroit casinos were $10.26 Million compared to $10.63 Million for the same period last year. Revenue for MGM Grand Detroit, MotorCity Casino were down by 12.08%, 10.08 respectively, whereas Greektown was up by 14.14% compared to the same month last year. The market shares for MGM, MotorCity and Greektown for the month of August were 39%, 33% and 28% respectively.