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Detroit casino revenues and wagering taxes reported for May 2016
June 14, 2016
Detroit - The three Detroit casinos’ aggregate revenue fell 1.1 percent during May compared with May 2015 results and dropped 3.1 percent below April revenue sums. The casinos’ year-to-date aggregate revenue is 0.3 percent higher than in the first five months of last year.
MGM’s revenue was up 0.3 percent to $51.9 million when compared with May 2015. MotorCity revenue fell 2 percent to $39 million, and Greektown revenue was down 2.2 percent to $27.6 million.
Market shares during May were:
The three Detroit casinos paid $9.6 million in gaming taxes to the state of Michigan during May compared with $9.7 million for the same month last year.
The three Detroit casinos reported submitting $14.1 million in wagering taxes and development agreement payments to the City of Detroit during May.
"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."