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Detroit Casino Revenues & Wagering Taxes for April 2013

FOR IMMEDIATE RELEASE
May 14, 2013
Contact:  Gary Paolella (313) 456-4178

 

Location: Cadillac Place, 3062 W. Grand Blvd., L-700 - Detroit.
Time: 3:00 p.m. 

 

 

DETROIT CASINO REVENUES AND WAGERING TAXES FOR APRIL 2013

 

Casino Operations - Month of April 2013

 

Aggregate revenue for the three Detroit casinos for the month ended April 30, 2013, was down 2.7% when compared to the same month last year. Revenue was also down 10.9% when compared to March 2013. 

 

Revenue for MGM and Greektown was down 6.0% to $49 million and 1.8% to $31.3 million, respectively, whereas MotorCity was up 1.0% to $39.7 million, when compared to April 2012. 

 

The market shares for MGM, MotorCity, and Greektown for April 2013 were 41%, 33%, and 26%, respectively. 

 

For the month ended April 30, 2013, gaming taxes for the three Detroit casinos were $9.7 million compared to $10 million for the same month last year.