Trending...
- Virtually Tour Heritage at South Brunswick's Resort-Style Living - Experience Indoor and Outdoor Amenities at Your Fingertips - 108
- Most Utah Deaths Never Reach the Medical Examiner. Postmortem Pathology Offers Salt Lake City a Private Autopsy Option - 106
- Oral statement on the situation of Chairman Lee Man-hee in pretrial detention in the Republic of Korea - 104
Contact: Mary Kay Bean 313-456-1344
Detroit, Oct. 8, 2019 - The Detroit casinos' year-to-date aggregate revenue of $1.09 billion was 0.3 percent higher than for the first nine months of last year. September aggregate revenue of $112.3 million was down 2.5 percent from September 2018 revenue and 6.3 percent lower than August 2019 results.
September results
Motor City and Greektown casinos recorded revenue gains in September compared with September 2018 results, but MGM Grand Detroit's monthly results were lower than a year earlier. Greektown monthly aggregate revenue rose 0.7 percent to $26.9 million, and MotorCity results were up by 0.1 percent to $38.9 million. MGM results fell 6.4 percent to $46.5 million.
More on Michimich.com
September market shares were:
During September, the three Detroit casinos paid $9.1 million in gaming taxes to the state of Michigan compared with $9.3 million during the same month last year.
The three Detroit casinos reported making $13.8 million in wagering tax and development agreement payments to the city of Detroit during September.
Third quarter revenue results
MotorCity Casino recorded a slight revenue increase while quarterly revenues fell at the other locations, resulting in a 1.1 percent overall decline compared with third quarter 2018 numbers:
"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."
Detroit, Oct. 8, 2019 - The Detroit casinos' year-to-date aggregate revenue of $1.09 billion was 0.3 percent higher than for the first nine months of last year. September aggregate revenue of $112.3 million was down 2.5 percent from September 2018 revenue and 6.3 percent lower than August 2019 results.
September results
Motor City and Greektown casinos recorded revenue gains in September compared with September 2018 results, but MGM Grand Detroit's monthly results were lower than a year earlier. Greektown monthly aggregate revenue rose 0.7 percent to $26.9 million, and MotorCity results were up by 0.1 percent to $38.9 million. MGM results fell 6.4 percent to $46.5 million.
More on Michimich.com
- Crossroads4Hope Launches Blood Cancer Resource Hub
- NIL Club Data Shows Brands Are Looking Beyond Follower Counts in College Sports
- Georgia's Magical Nights of Lights Bigger and Brighter for 2026
- Harvard Educated Board Certified Endodontist Joins Pearlfection Dentistry
- NYC Banners Delivers High-Stakes UN General Assembly Backdrop for the US Department of State Event
September market shares were:
- MGM, 41 percent
- MotorCity, 35 percent,
- Greektown, 24 percent
During September, the three Detroit casinos paid $9.1 million in gaming taxes to the state of Michigan compared with $9.3 million during the same month last year.
The three Detroit casinos reported making $13.8 million in wagering tax and development agreement payments to the city of Detroit during September.
Third quarter revenue results
MotorCity Casino recorded a slight revenue increase while quarterly revenues fell at the other locations, resulting in a 1.1 percent overall decline compared with third quarter 2018 numbers:
- MGM: $151.2 million, down 1.3 percent
- MotorCity: $119.6 million, up 0.3 percent
- Greektown: $80.3 million, down 2.6 percent
"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."
0 Comments
Latest on Michimich.com
- Indianapolis Criminal Defense Firm Rigney Law LLC Relaunches Criminal Law Podcast "Tales from the Brown Desk"
- 3ptechies Makes Its Articles Audio-Ready With Instaread Voice Technology
- Genuine Hospitality, LLC Selected to Operate Fairfield Inn & Suites Tampa Wesley Chapel
- Pregis to Highlight EPR Expertise, Sustainable Packaging Solutions and Live Automation Demonstrations at Pack Expo International 2026
- Infinity Infusion Solutions Launches "Women Leading Infusion Care" Campaign for National Women in Business Month
- HuskyTail Digital Puts AI to Work Behind the Scenes to Cut Client Turnaround Time
- AI, Real-World Data "RWD" and U.S. Expansion Put Predictive Healthcare in Focus for POMDOCTOR Ltd. (N A S D A Q: POM)
- $11.18 Million DARPA Award Ignites a Major New Catalyst as FDA, Robotic TMS and Commercialization Milestones Converge for NRx Pharmaceuticals, Inc
- Hidden Storm Damage Could Turn Into Winter Leaks for Homeowners
- P-Wave Classics to publish Thomas Holcroft's The Adventures of Hugh Trevor in three volumes, beginning 19 January
- Ad Leverage Sponsors ServiceTitan Pantheon 2026, Supporting Education and Growth in the Home Services Industry
- DBF Viewer 2000 v9.32 Adds New Control for Data Export
- Badanamu Partners With Moonbug Entertainment In Landmark Distribution Deal
- Nutriband (N A S D A Q: NTRB): Fighting Back Against the Fentanyl Crisis With a New Approach to Safer Transdermal Medicines
- Oral statement on the situation of Chairman Lee Man-hee in pretrial detention in the Republic of Korea
- ESPEC North America Welcomes Zeke Fuentes as Regional Sales Manager - East Coast
- Michigan Walk and Roll to School Day
- Motor City Half Marathon to Make Inaugural Detroit Debut in Spring 2027
- Names Are Not Important Asks What Remains When Identity Is Stripped of Labels
- Most Utah Deaths Never Reach the Medical Examiner. Postmortem Pathology Offers Salt Lake City a Private Autopsy Option