Revenue up in two Detroit casinos

revenue up detroit casinos

Two casinos in the city posted positive results. Credits: MLive.com

Total revenue for the three facilities in the state increased by 1.4% over the same month in 2017.

US.- According to a Michigan Gaming Control Board news release, total monthly revenue at the three casinos in Detroit increased by 1.4% to US$115.2 million in September when compared to the same month last year.

While the year-over-year results were positive, September’s revenue was down 4.4% from August’s US$120.5 million revenue. Out of the three facilities in the state, two of them posted increases in their financial results.

MGM Grand Detroit’s revenue during September operations increased 3.5%, while MotorCity Casino Hotel rose by 1%. Greektown, the third casino in the city, experienced a revenue fall of 1.8% during last month’s operations.

During the third quarter of the year, revenue increased 3.2% to US$355 million when compared to the same three month period in 2017. MGM Grand saw a 4.2% quarter-over-quarter increase, while MotorCity reported a 1.7% gain and Greektown a 3.5%.

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