Detroit: February casino revenue dropped 6.1 per cent
This week, the Michigan Gaming Control Board has reported that MGM, MotorCity and Greektown are paying $13.1 million in February monthly taxes, other agreements to Detroit. The regulating body has also confirmed that Detroit’s three casinos’ combined February revenue of $110 million was down from the same month a year ago.
Reports show that February revenues dropped 6.1 percent in 2018 from 2017’s earning at the three casinos. Furthermore, 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.
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 February was 42 percent followed by MotorCity with 35 percent and Greektown with 23 percent.
Wilton Rancheria breaks ground on Sky River hotel resort development
Wazdan shortlisted in five categories at SBC Awards Americas 2026
Putin approves creation of Russia's sixth gambling zone in the Altai region
Flutter boosts prediction market spending despite Q1 profit slump, cuts 2026 outlook
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Entain director Ricky Sandler to step down as Eminence prepares to liquidate shares
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Sportsbook integration: Deploying betting widgets at scale
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Flows secures Pennsylvania Gaming Control Board authorisation
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
