Detroit casino revenues up 4.6 percent in May

Lauren Abdel-Razzaq
The Detroit News

Detroit — Revenues at each of the three Detroit casinos increased in May compared to the same month a year ago, according to figures released Tuesday by the Michigan Gaming Control Board.

Revenue totaled $119.7 million at Greektown, MGM Grand and MotorCity casinos last month, up 4.6 percent compared to May 2014.

When compared with results from a year ago, MGM saw the greatest revenue increase, up 9.2 percent to $51.7 million; MotorCity revenue increased 1.9 percent to $39.8 million and Greektown revenues increased less than one percent to $28.2 million.

Both April 2014 and April 2015 had 10 gaming days — Fridays and Saturdays.

For the year to date, casino revenues were up a total of 5.6 percent compared to the first five months of 2014.

Market shares remained mostly the same for the casinos from April to May. MGM stayed the same with 43 percent. MotorCity lost 1 percent to Greektown, with 33 percent and 24 percent respectively.

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