Detroit Casino Revenue in July Rises Slightly from 2017
MGM continues with highest market share among the three city gaming sites.
Detroit’s three casinos’ combined June revenue of $119 million was up from the same month a year, 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.
Here’s more on what casino revenue — and potentially sports gambling — means to the city of Detroit’s finances:
The three casinos also reported paying $14.2 million in wagering taxes and development agreement payments to the city of Detroit and $9.6 million in gaming taxes to the state of Michigan.
The Michigan Gaming Control Board says MGM’s market share in May was 44 percent followed by MotorCity with 33 percent and Greektown with 23 percent.
