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Detroit Casino Revenues and Wagering Taxes Reported for February 2015
March 10, 2015
FOR IMMEDIATE RELEASE
MARCH 10, 2015
1:30 p.m.
Detroit—The three Detroit casinos’ February 2015 aggregate revenue of $114.4 million was up 3.5 percent compared with February 2014.
For the month ended Feb. 28, the Detroit casinos’ revenue was up 3.1 percent compared with January 2015. Year-to-date aggregate revenue was up 9.1 percent compared with the same period a year ago.
Compared with February 2014, Greektown revenue increased 8.1 percent to $27.9 million, MotorCity revenue was up 4.8 percent to $39 million and MGM fell 0.1 percent to $47.5 million.
Market shares for February 2015 were:
- MGM: 42 percent
- MotorCity: 34 percent
- Greektown: 24 percent
Gaming taxes
For the month ending Feb. 28, 2015, gaming taxes for the three Detroit casinos were $9.3 million compared with $9 million for the same month 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."