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Detroit Casino Revenues and Wagering Taxes Reported for April
May 12, 2015
Detroit - The three Detroit casinos’ April aggregate revenue was 7.4 percent higher than April 2014 results, and year-to-date revenue rose 5.9 percent compared with the first four months of 2014.
April 2015 revenue was 2.7 percent lower than in March 2015.
When compared with year-ago results, MGM revenue rose 10.4 percent to $51.8 million, MotorCity revenue climbed 6 percent to $40.5 million and Greektown revenue increased 4.1 percent to $28.2 million during April.
April 2015 market shares were:
- MGM – 43 percent
- MotorCity – 34 percent
- Greektown – 23 percent.
Gaming taxes
For the month ending April 30, the three Detroit casinos paid $9.8 million in gaming taxes compared with $9.1 million in April 2014.
"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."