The three Detroit casinos paid $28.3 million in state gaming taxes during the quarter compared with $28.4 million during the second quarter of 2015.ĭuring June, the three Detroit casinos reported submitting $12.9 million in wagering taxes and development agreement payments to the City of Detroit. Per the state of Michigan, aggregate revenue for the three Detroit casinos fell 0.2 percent during the second quarter of 2016 compared with last year’s second quarter, but year-to-date revenue is up a fractional 0.04 percent from the same period in 2015.įor the month ended June 30, the casinos’ aggregate revenue was down by 1.2 percent when compared with June 2015 results and fell 8.4 percent below May revenue.įor the month ended June 30, the three Detroit casinos paid $8.8 million in state gaming taxes compared with $8.9 million for the same month last year. MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife.

Ivanka Trump testifies she wasnt involved. Detroit’s casino revenue is basically flat for the year so far. hotel workers strike at Detroits three casinos, including MGM Grand Detroit.

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