Wednesday, February 01, 2006
Detroit Casinos Haul in over a Billion in 2005
Crain's Detroit Business reports that Detroit's three casinos kept almost $1.23 billion in revenue in 2005, a 3.3% increase over 2004. Revenue for MGM Grand Detroit Casino (6%) and Greektown Casino (5%) increased while MotorCity Casino reported a drop of 1%. The casinos paid $294.8 million in gambling taxes, $146.2 million to Detroit and $148.6 million to the state of Michigan.
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