Detroit casino revenues up 7.4 percent in April
Detroit — Revenues at each of the three Detroit casinos increased in April compared to the same month a year ago, according to figures released Tuesday by the Michigan Gaming Control Board.
Revenue totaled $120.5 million at Greektown, MGM Grand and MotorCity casinos last month, up 7.4 percent compared to April 2014.
When compared with results from a year ago, MGM saw the greatest revenue increase, up 10.4 percent to 51.8 million; MotorCity revenue increased 6 percent to $40.5 million and Greektown revenues increased 4.1 percent to $28.2 million.
Both April 2014 and April 2015 had eight gaming days — Fridays and Saturdays.
MGM increased its market share by 3 percent to 43 percent at the expense of the other two casinos. Market shares for MotorCity and Greektown dropped 1 and 2 percent to 34 percent and 23 percent, respectively.
For the year to date, casino revenues were up a total of 5.9 percent compared to the first four months of 2014.