Detroit’s Three Casinos Post Another Positive Month In October

Please rewrite your request and provide more details or context so that I can understand what you are asking for.

In October, Michigan’s three commercial casinos kept progressing steadily.

According to the most recent reports from the Michigan Gaming Control Board, the group of Detroit casinos earned $112.7 million in the month, indicating a growth of 1.7 percent when compared to October 2016.

In 2017, there has been a consistent trend of year-over-year revenue gains. The three Detroit casinos have achieved this trend in October, making it the eighth instance out of 10 months.

Month	2016 Revenue	2017 Revenue	YoY Change
January	$109,066,698.11	$112,004,791.29	+2.7 percent
February	$116,400,992.94	$117,241,823.84	+0.8 percent
March	$124,949,116.98	$131,203,575.63	+4.8 percent
April	$122,356,901.35	$120,997,540.75	-1.2 percent
May	$118,534,756.46	$119,945,966.90	+1.2 percent
June	$108,612,340.75	$113,073,887.16	+4 percent
July	$118,462,544.37	$119,025,164.52	+0.5 percent
August	$115,902,952.67	$111,475,141.32	-3.8 percent
September	$112,167,563.98	$113,650,378.92	+1 percent
October	$110,737,995.50	$112,667,682.55	+1.7 percent
November	$111,502,032.21
December	$116,907,871.10

Revenue by operator in October

Last month, MGM Detroit once again took the lead and performed exceptionally well among the three casinos. MotorCity followed closely behind in terms of revenue, securing the second position, while Greektown ranked third.

• The amount of $48.4 million was earned by MGM Detroit.
• A grand total of $38.4 million has been accumulated by MotorCity Casino.
• The total amount of money at Greektown Casino is $25.9 million.

In the month of October, MGM obtained a 43 percent market share based on its revenue numbers, while MotorCity accounted for 34 percent and Greektown for 23 percent.

Secret to MGM’s success

MGM has three advantages in the Detroit market:

1. The gaming and hospitality field is well-acquainted with the company’s renowned brand and expertise.
2. Greektown was established two years after MGM Grand Detroit, while MotorCity was founded one year later.
3. Compared to MotorCity’s 2,800 slots and Greektown’s 3,000, MGM Detroit boasts a larger footprint with over 3,500 slots. Additionally, it offers a wide variety of table games and a recently established poker room.

Tax revenue is a boon for Detroit

Last month, the three casinos generated a total of $112.7 million, out of which $23 million was contributed to the city of Detroit and the state as gaming taxes.

• The city of Detroit received a sum of $13.9 million.
• The state of Michigan received a total of $9.1 million.

The city heavily relies on this money, as it serves as a vital source of revenue. Detroit’s commercial casinos contribute the third-largest portion of funds to the city, with only income taxes and state revenue sharing surpassing their contribution.

In the initial ten months of 2017, the city has received a combined sum of $144.3 million from the three casinos. Additionally, they have also contributed $95 million to the state.

A look at casino revenue through the years

Take a look at Playinmichigan’s Detroit casino revenue tracker, which provides information on the past decade’s revenue.

Credit for the image goes to Atomazul / Shutterstock.com.

Please rewrite your request or provide more information for me to assist you.