Detroit Casino Revenues Rise in Second Quarter

The Motor City saw its three casinos have a productive second quarter of 2018, as the Michigan Gaming Control Board reported that revenues were up 3.9% in Detroit.

The Greektown Casino, MGM Grand Detroit, and MotorCity Casino brought in a combined $367.9 million during the second quarter, beating out the $353.55 million hauled in last year. MGM was the most lucrative spot, with 44% market share. Next was MotorCity, which held 33%, with Greektown bringing in 23% of revenues.

For the period, MGM had $157.4 million in revenues, up 5.8% from 2017. MotorCity had 3.4% growth to $124.9 million, with Greektown also in the black, up 1.2% to $85.6 million.

The growth of the numbers is promising, as there have been fewer visitors downtown to see the city's MLB team, the Detroit Tigers when compared to last year. That lower traffic brings less visitors to the casinos, generally speaking, but the rise indicates that some traffic may have come from those who'd have visited the Caesars Windsor casino, which experienced a lengthy closure due to a labor dispute.

No comment from casino executives or the MGCB was available as of press time.

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bgsharpe
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18 July 2018 - 3:24pm
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Well, obviously they doing pretty well, after reading the Dustin's thread I'm still not sure ho exactly that happened Tongue but for sure we couldn't argue the numbers.