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Detroit casino revenues and wagering taxes reported for July 2016
August 09, 2016
Detroit – The three Detroit casinos’ aggregate revenue rose 3.2 percent during July compared with year-earlier results and climbed 9.1 percent above June 2016 totals. Year-to-date aggregate revenue was up a fractional 0.5 percent for the three casinos compared with January through July results last year.
Compared with July 2015 numbers, monthly revenue rose 3 percent to $50.2 million for MGM, 4.7 percent to $40.6 million for MotorCity and 1.5 percent to $27.7 million for Greektown.
The monthly market shares were:
The three Detroit casinos paid $9.6 million in gaming taxes to the State of Michigan in July compared with $9.3 million for the same month in 2015.
The three Detroit casinos reported submitting $14.1 million in wagering taxes and development agreement payments to the City of Detroit during July.
"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."