Skip to main content

Casino Operations for May

June 14, 2011

2011

 May Detroit Casino Revenues and Wagering Taxes for

Casino Operations - May 2011 For the month of May 2011, gaming taxes for the three Detroit casinos were $9.7 million compared to $7.1 million for the same period last year. (Gaming taxes were lower in 2010 due to the rollback of a reduced tax rate for Greektown in March 2010, which created a tax credit that was utilized through September 2010.)

The market shares for MGM, MotorCity, and Greektown for the month of May 2011 were 43 percent, 32 percent, and 25 percent, respectively.

Revenue for MGM, MotorCity and Greektown was up by 4.8 percent to $51.2 million, 1.1 percent to $38.8 million and 1.2 percent to $30.0 million respectively compared to the same month last year.

Aggregate revenue for all three Detroit casinos for the month of May 2011 was up by 2.7 percent compared to the same month last year. However, revenue was down by 4.2 percent compared to April 2011.
MI Newswire Gaming Control Board Gaming Control Board

Related News

Michigan Gaming Control Board to meet October 15

Detroit casinos report $101.98M in September revenue

Michigan Gaming Control Board's Henry Williams is the 2024 American Gambling Awards Regulator of the Year

Michigan Gaming Control Board issues cease-and-desist letters to Ace23 and Ace Per Head, both in Costa Rica, for illegal gambling activities

Michigan Gaming Control Board issues cease-and-desist letter to Papaya Gaming, based in Israel, for illegal gambling activities

Michigan Gaming Control Board Executive Director Henry Williams urges responsible wagering during sporting events

Southfield man facing eight felony counts for gambling violations

iGaming, sports betting operators report $224.02M in August revenue

Michigan Gaming Control Board announces appointment of Mark Evenson

“Don’t Regret the Bet” responsible gaming campaign led by Michigan Gaming Control Board, King Media wins Emmy Award®