Detroit casino revenue rose 3.9% in Q2 2017

Aggregate revenue of three Detroit casinos rose by 3.9 percent in the second quarter of 2018, according to the latest Michigan Gaming Control Board (MGCB) report.

Financial data show that Detroit’s three casinos—the MGM Grand Detroit, MotorCity, and Greektown Casino—posted a combined revenue of $367.9 million during the April to June 2018 period, higher than the $353.55 million revenue it raked in the same period last year.

MGM continued to dominate the Detroit casino market with 44 percent share, followed by MotorCity with 33 percent share, and Greektown with 23 percent share, according to MGCB.

Figures showed that MGM’s Q2 2018 revenue reached $157.4 million, 5.8 percent higher than the $148.27 million it posted during the prior-year period. On the other hand, MotorCity’s revenue climbed 3.4 percent to $124.9 million in the three months ending June 2018, from $120.65 million a year ago.