Detroit casino revenues fell 4% in January

Total revenue at three city casinos in January fell 4% in compare with December 2017. Detroit’s three casinos combined January revenue of $111.4 million was down from the same month a year ago, according to the Michigan Gaming Control Board.

Casino taxes are the city’s third largest source of revenue behind income taxes and state revenue sharing. The three casinos reported paying $13.3 million in wagering taxes and development agreement payments to the city of Detroit and $9 million in gaming taxes to the state of Michigan in January.

MGM had 43 percent of the market, MotorCity 34 percent and Greektown 23 percent.

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