Detroit Casinos Revenues Down for October by 1% compared to the same month last year. Greektown Revenues up 18.42% compared to last month.
November 10, 2009
aggregate revenue and taxes for all 3 Detroit casinos for the month of October, 2009 were down by under 1% (.77%) compared to the same month last year but were also up by 6.4% compared to last month (September 2009).
The Michigan Gaming Control Board reports today that the
Revenue for MGM Grand Detroit and MotorCity Casino were down by 7.23%, 5.03% respectively, whereas Greektown was up by 18.42% compared to the same month last year. The market shares for MGM, MotorCity and Greektown for the month of October were 41%, 33% and 27% respectively.
For the month of October 2009, gaming taxes for the 3 Detroit casinos were $10.1 Million compared to $10.0 Million for the same period last year.