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Detroit Casino Revenues and Wagering Taxes For May 2014

  

FOR IMMEDIATE RELEASE: June 10, 2014

 

Location: Cadillace Place, 3062 W. Grand Blvd, L-700, Detroit 
Contact:  Information Officer (313) 456-4178

 

Casino Operations – May 2014

Aggregate revenue for the three Detroit casinos for the month ending May 31, 2014, was down 1.7% when compared to the same month last year.  Revenue was up 2.0% when compared to April 2014. For year-to-date, the aggregate revenue for the three Detroit casinos was down 5.2% compared to the same period last year.

Revenue for MGM was down 2.0% to $47.4 million, MotorCity revenue was down 1.4% to $39.1 million, and Greektown was down 1.9% to $28.1 million, when compared to May 2013.

The market shares for May 2014 were MGM 41%, MotorCity 34%, and Greektown 25%. 

For the month ending May 31, 2014, gaming taxes for the three Detroit casinos were $9.3 million compared to $9.4 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."