Detroit Casinos’ April Revenue Rises in 2018
Casinos report paying nearly $15 million in taxes and other agreements to city.
Detroit’s three casinos’ combined April revenue of $124 million was up from the same month a year ago, according to the Michigan Gaming Control Board.
Casino taxes are the city’s third largest source of revenue behind income taxes and state revenue sharing.
The three casinos reported paying $14.8 million in wagering taxes and development agreement payments to the city of Detroit and $10 million in gaming taxes to the state of Michigan in January.
April revenues rose 2.5 percent in 2018 from 2017’s April earnings at the three casinos.
The Michigan Gaming Control Board says MGM’s market share in January was 41 percent followed by MotorCity with 35 percent and Greektown with 21 percent.
