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Detroit casino revenues and wagering taxes reported for July 2017
August 14, 2017
DETROIT, August 14, 2017 - The three Detroit casinos’ monthly aggregate revenue rose a fractional 0.5 percent to $119 million during July compared with July 2016 results. July monthly revenue was 5.3 percent higher than June 2017 results.
The three casinos’ year-to-date aggregate revenue is 1.8 percent higher than results for the first seven months of 2016.
MGM’s July revenue climbed by 2 percent to $51.2 million compared with July 2016 revenue. MotorCity’s monthly revenue fell a fractional 0.2 percent to $40.5 million, and Greektown’s monthly revenue dropped 1.4 percent to $27.3 million compared with the same month last year.
Market shares during July were:
During July, the three Detroit casinos paid the state $9.64 million in gaming taxes compared with $9.60 million for the same period last year.
The three Detroit casinos reported submitting $14.2 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."