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Detroit Casinos Revenues and Wagering Taxes Reported for November 2015
December 09, 2015
Detroit - The three Detroit casinos’ aggregate revenue was 1.8 percent higher in November compared with the same month last year. Through Nov. 30, the casinos’ aggregate revenue was 3 percent higher than during the first 11 months of 2014.
November monthly revenue was 3.7 percent below October results.
MGM’s November revenue of $46.7 million was up 7.3 percent compared with November 2014 results. Monthly revenues fell 1.6 percent to $36.2 million at MotorCity and 2.5 percent to $25.7 million at Greektown compared with year earlier revenue.
November market shares were:
November gaming taxes for the three Detroit casinos were $8.8 million compared with $8.6 million for the same month last year. The three Detroit casinos reported paying the City of Detroit $17.6 million in wagering taxes and development agreement payments during November 2015.
"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."