The three casinos in Detroit saw their aggregate September revenues drop by 3.2% month-on-month to hit $112.2 million although the figure represented a 4.3% increase when compared to the same 30-day period in 2015.
According to official figures released by the Michigan Gaming Control Board on Tuesday, total third-quarter revenues for the Greektown Casino Hotel, the MGM Grand Detroit and the MotorCity Casino Hotel were up by 5.1% year-on-year while year-to-date takings had risen by some 1.7%.
The MGM Grand Detroit posted the biggest year-on-year boost in September revenues at 7.2% to $48.5 million while the facility from Las Vegas-based MGM Resorts International saw its third-quarter takings swell by 9.1% to $150 million.
In second spot in terms of September revenues was the MotorCity Casino Hotel with a 3.6% boost year-on-year to $37 million while local owner Ilitch Holdings Incorporated explained that the $825 million facility opened in 1999 had reported a 3.5% improvement in quarterly takings to $115.4 million.
Finally, the Greektown Casino Hotel from Detroit-based operator Jack Entertainment saw its September revenues grow by only 0.3% year-on-year to $26.7 million while its quarterly takings progressed by a mere 0.5% to $81.1 million.
In terms of market share, The Detroit News newspaper reported that the MGM Grand Detroit remained at the head of the pack in September with a 44% share followed by the MotorCity Casino Hotel at 33% and the Greektown Casino Hotel with 24%.
The Michigan Gaming Control Board additionally revealed that September saw it collect $9.1 million in state gaming taxes from the trio of Detroit casinos, which was up by almost 4.6% when compared with the $8.7 million it gathered for the same month in 2015, while it brought in some $17.8 million in taxes and development payments earmarked for the local community.