9.24.o7
Detroit casinos' revenue dips
BY ALEJANDRO BODIPO-MEMBA
FREE PRESS BUSINESS WRITER
Two of Detroit’s three casinos saw monthly revenue decline in August, as total receipts fell more than 1 percentage point.
MGM Grand Detroit recorded revenue of $42.7 million last month, compared with $41.3 million in July. It was the only gaming in town that recorded an increase in sales.
MotorCity Casino posted August sales of $41.1 million, versus $42.7 million for July. Meanwhile, Greektown Casino saw its revenue slip $27.8 million last month, compared with $29.3 million.
Total gross receipts of all three casinos throughout the first eight months of the year $888.5 million.
The Detroit casinos also raked in less in taxes to the tune of $13.5 million in August, compared with $13.7 million in July.
Contact ALEJANDRO BODIPO-MEMBA at 313-222-5008 or abodipo@freepress.com
BY ALEJANDRO BODIPO-MEMBA
FREE PRESS BUSINESS WRITER
Two of Detroit’s three casinos saw monthly revenue decline in August, as total receipts fell more than 1 percentage point.
MGM Grand Detroit recorded revenue of $42.7 million last month, compared with $41.3 million in July. It was the only gaming in town that recorded an increase in sales.
MotorCity Casino posted August sales of $41.1 million, versus $42.7 million for July. Meanwhile, Greektown Casino saw its revenue slip $27.8 million last month, compared with $29.3 million.
Total gross receipts of all three casinos throughout the first eight months of the year $888.5 million.
The Detroit casinos also raked in less in taxes to the tune of $13.5 million in August, compared with $13.7 million in July.
Contact ALEJANDRO BODIPO-MEMBA at 313-222-5008 or abodipo@freepress.com
No comments:
Post a Comment