MGM Grand Casino Gambling Revenue Up In Detroit

The MGM Grand casino in Detroit was put in their current location for one reason, to rack up revenue dollars and control the market in the area. June revenue numbers are showing that they have succeeded on both fronts.

Casinos around the country have been struggling to keep their revenue figures from dipping in light of the struggling economy. Almost all casinos in the country are experiencing the same problems. Some have even resorted to coming up with gimmicky promotions to bring in customers.

In Detroit, the MGM Grand Casino is having no such problems. They had revenues of $48.7 million for the month of June. That figure is up a whopping 26.2 percent from last year. T

The revenue increase was needed in the city to keep total revenue for all of the casinos in the city within one percent of last year's figures in June. The other two casinos' revenue included a ten percent decrease at MotorCity casino and an 18.5 percent decrease at Greektown Casino.

The $48.7 million that was taken in at MGM Grand more than doubled that of Greektown. Their revenue figures were $23.2 million for the month. MotorCity reported their revenue at $38.1 for June of 2008.

July 12, 2008
Posted By Larry Rutherford
Staff Editor, CasinoGamblingWeb.com
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