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Detroit Casino Revenues and Wagering Taxes For March 2014
April 08, 2014
FOR IMMEDIATE RELEASE: April 8, 2014
Location: Cadillace Place, 3062 W. Grand Blvd, L-700, Detroit
Contact: Information Officer (313) 456-4178
DETROIT CASINO REVENUES AND WAGERING TAXES FOR MARCH 2014
Casino Operations – March 2014
Aggregate revenue for the three Detroit casinos for the month ending March 31, 2014, was down 7.3% when compared to the same month last year. Revenue was up 13.0% when compared to February 2014. For year-to-date March 31, 2014, the aggregate revenue for the three Detroit casinos was down 5.9% compared to the same period last year.
Revenue for MGM was down 6.6% to $50.8, MotorCity revenue was down 6.1% to $43.0 million, and Greektown was down 10.0% to $31.2 million, when compared to March 2013.
The market shares for MGM, MotorCity, and Greektown for March 2014 were 41%, 34%, and 25%, respectively.
For the month ending March 31, 2014, gaming taxes for the three Detroit casinos were $10.1 million compared to $10.9 million for the same period last year.
"The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the State of Michigan."