Detroit Casinos Revenues Up for December by 5.1 Percent in Comparison to the Same Month Last Year
January 13, 2010
Detroit Casino Revenues & Wagering Taxes for December
and 26 percent respectively. Revenue for MGM Grand and Greektown Casinos were up by 3.31 percent and 18.6 percent respectively, whereas MotorCity was down by 1.7 percent in December 2009, in comparison to the same month last year. The Detroit gaming market shares for December 2009 for MGM, MotorCity, and Greektown were 43 percent, 31 percent,
The Michigan Gaming Control Board reports today that the aggregate revenue and taxes for all three Detroit casinos for December 2009 were up by 5.1 percent in comparison to the same month last year and also were up by 3.31 percent in comparison to last month (November 2009).
Yearly gaming revenues for 2009 decreased by 1.48 percent (or $20 million) to $1.34 billion in comparison to the year 2008 ($1.359 billion).
For December 2009, gaming taxes for the three Detroit casinos were $10.03 million in comparison to $9.42 million for the same period last year. Attachment