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Monthly Detroit Casino Revenue Down Compared to Last Year

Detroit’s three casinos’ combined February revenue of $110 million was down 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 $13.1 million in wagering taxes and development agreement payments to the city of Detroit and $8.9 million in gaming taxes to the state of Michigan in February.

February revenues dropped 6.1 percent in 2018 from 2017’s earning at the three casinos.

The Michigan Gaming Control Board says MGM’s market share in February was 42 percent followed by MotorCity with 35 percent and Greektown with 23 percent.

Image credit: Vinny Craig

Filed Under: #casino

This post is a part of Detroit Journalism Cooperative.

The DJC is a partnership of six media outlets focused on telling critical stories of Detroit and creating engagement opportunities on-air, online and in the community. View the partners work at detroitjournalism.org.

Support for this project comes from the Corporation for Public Broadcasting, the John S. and James L. Knight Foundation, Renaissance Journalism’s Michigan Reporting Initiative and the Ford Foundation.

  

 

This post is a part of How's Detroit Doing?.

With voices, data, news, and experiences, WDET is answering the question "How's Detroit Doing?" Find a collection of responses at howsdetroitdoing.org. If you have a question about how Detroit's doing, ask it here.


Support for WDET's work with The Detroit Journalism Cooperative comes from the Corporation for Public Broadcasting, the John S. and James L. Knight Foundation, Renaissance Journalism’s Michigan Reporting Initiative and the Ford Foundation.

  

 

About the Author

Vincent Craig

Special Assignments Associate Producer

Avid sports fan with a knack for enjoying the support roles

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