A roundtable discussion about the casino industry’s two decades in Detroit recently was held at MGM Grand Detroit as part of the American Gaming Association’s Get to Know Gaming campaign, highlighting the positive contributions of gaming across 40 states. Gaming is a .8 billion industry in Michigan, providing more than 17,000 jobs and generating more than 1 million in local, state and federal tax revenue.
Geoff Freeman, AGA president and chief executive officer, said, “The gaming industry is proud to play a significant role in the re-emergence of the city of Detroit. MGM Grand, MotorCity and Greektown are reaffirming the decision of voters 20 years ago by delivering good jobs, unmatched tax revenue and valued partnerships with community leaders in Detroit.”
In 2015, Detroit’s three casinos contributed $174.3 million in tax revenue, 16 percent of the city’s total overall revenue. Casino revenue was the third-largest source of revenue for the city as it emerged from bankruptcy.
“The revenues from MGM Grand, MotorCity and Greektown Casinos allow our city to avoid significant financial problems,” said City Council President Brenda Jones. “The gaming industry is providing good jobs for Detroit residents, while enhancing our small businesses and serving as a true community partner.”