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 13, 2014
|
FOR IMMEDIATE RELEASE: May 13, 2014 |
|
Location: Cadillac Place, 3062 W. Grand Blvd, L-700, Detroit
Contact: Information Officer (313) 456-4178
Casino Operations – April 2014
Aggregate revenue for the three Detroit casinos for the month ended April 30, 2014 was down by 6.5% when compared to the same month last year. Revenue was down by 10.1% when compared to the previous month, March 2014. For year to date April 30, 2014, the aggregate revenue for the three Detroit casinos was down by 6.0% compared to the same period last year.
Revenue for MGM, MotorCity, and Greektown was down by 4.1% to $47.0 million, 3.8% to $38.2 million, and 13.6% to $27.1 million, respectively, when compared to April 2013.
The market shares for MGM, MotorCity, and Greektown for April 2014 were 42%, 34%, and 24%, respectively.
For the month ended April 30, 2014, gaming taxes for the three Detroit casinos were $9.1 million compared to $9.7 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."