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Detroit casino revenues and wagering taxes reported for May 2018
June 12, 2018
Detroit, June 12, 2018 - The three Detroit casinos reported $124.6 million in aggregate revenue for May, a 3.9 percent increase from May 2017 results and a fractional 0.5 percent higher than April 2018 revenue. The casinos’ year-to-date aggregate revenue rose 1.2 percent compared with results for the first five months of last year.
Compared with May 2017 results, MGM led with $54.3 million in monthly aggregate revenue, a 7.6 percent increase. MotorCity revenue rose 2.2 percent to $41.5 million, and Greektown recorded a fractional 0.02 percent increase to $28.8 million.
The market shares during May were:
The three Detroit casinos paid $10.1 million in gaming taxes during May compared with $9.7 million during May 2017.
During May, the three Detroit casinos reported submitting $14.8 million in wagering taxes and development agreement payments to the City of Detroit.
"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."