Slots Are Hot: 81% Of 2017 Detroit Casino Revenue Came From Slot Machines
DETROIT (WWJ/AP) - The three casinos in Detroit have reported $1.4 billion in aggregate revenue last year.
The Michigan Gaming Control Board said Tuesday that the amount is about a 1-percent increase over 2016 totals.
Slot machines contributed $1.14 billion -- 81 percent -- of the 2017 revenue, while table games took in $260 million.
Revenue was about $592 million at MGM Grand Detroit, $478 million at MotorCity Casino, and nearly $330 million at Greektown Casino. MotorCity led in year-over-year revenue gains with a 2.3 percent increase. Greektown revenue rose 1.26 percent while revenue was up a fractional 0.01 percent at MGM.
The casinos paid just over $113 million in gaming taxes last year. They reported paying the city of Detroit about $177 million in waging taxes and development agreement payments.
© Copyright 2018 CBS Broadcasting Inc. All Rights Reserved. The Associated Press contributed to this report.