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Detroit Casino Revenues and Wagering Taxes Reported for July

Detroit - The three Detroit casinos’ aggregate revenue rose 3.1 percent during July compared with the same month last year, and monthly revenue was 4.4 percent higher in July than in June.

Year-to-date aggregate revenue for the three Detroit casinos climbed 4.6 percent compared with the first seven months of 2014.

Revenue increased 6.2 percent for MotorCity Casino to $38.7 million and 5.2 percent for MGM to $48.7 million compared with July 2014 results. Greektown revenue fell 4.3 percent to $27.3 million compared with July 2014 revenue.

Market shares were:

  • MGM: 42 percent

  • MotorCity: 34 percent

  • Greektown: 24 percent

The three Detroit casinos paid $9.3 million in gaming taxes to the state of Michigan during July 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."