Search is currently unavailable. Please try again later.
The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer.
May 10, 2012
DETROIT CASINO REVENUES & WAGERING TAXES FOR APRIL 2012
Casino Operations - Month of April 2012
Aggregate revenue for the three Detroit casinos for the month ending April 30, 2012 was down by 1.6% when compared to the same month last year. Revenue was also down by 8.9% when compared to March 2012.
Revenue for MGM, and MotorCity was down by 0.1% to $52.1 million, and 5.2% to $39.4 million respectively, whereas Greektown was up by 0.7% to $31.9 million, when compared to April 2011.
The market shares for MGM, MotorCity, and Greektown for April 2012 were 42%, 32%, and 26%, respectively.
For the month ending April 30, 2012, gaming taxes for the three Detroit casinos were $10.0 million compared to $10.2 million for the same period last year.
Casino Operations - Three Months Ending April 2012
Aggregate revenue for the three Detroit casinos for the three months ending on April 30, 2012, was up by 4.0% compared to the same period last year. Gaming revenue for MGM, MotorCity, and Greektown for the three months ending April 2012 was $162.8 million, $125.8 million, and $99.0 million, respectively.
Revenue for the three months ending April 30, 2012, for MGM, MotorCity, and Greektown was up by 6.0%, 0.4%, and 5.6%, respectively, compared to the same period last year.
For the three months ending April 2012, gaming taxes for the three Detroit casinos were $31.4 million compared to $30.2 million for the same period last year.