Detroit Casino Revenue Up in November Compared to Last Year
Three city casinos report paying $9.2 million in November monthly taxes, other agreements to Detroit.
Detroit’s three casinos’ combined November revenue of $113.1 million was up 1.4 percent from the same month a year, according to the Michigan Gaming Control Board.
The three casinos also reported paying $18.3 million in wagering taxes and development agreement payments to the city of Detroit and $9.2 million in gaming taxes to the state of Michigan.
Casino taxes are the city’s third largest source of revenue behind income taxes and state revenue sharing.
The Michigan Gaming Control Board says MGM’s market share in November was 43 percent followed by MotorCity with 34 percent and Greektown with 23 percent.
