City of Detroit - File #: 15-3075

• File #: 15-3075
• Version: 1
• Type: Communication or Report
• Status: New Business
• File created: 8/12/2016
• In control: Budget, Finance and Audit Standing Committee
• On agenda: 7/6/2016
• Title: Submitting report relative to Gaming Tax Revenue through May 2016. (Through eleven months of the fiscal year the casinos have reported revenue growth of 1.03% compared to the same time in the prior year. Through eleven months of the fiscal year, MGM’s receipts are up by 2.09% Motor City’s are up by 1.55% and Greektown’s are down by 1.48%, compared with the prior fiscal year.) (REFERRED TO THE BUDGET, FINANCE AND AUDIT STANDING COMMITTEE ON 7-6-16)

Title

Submitting report relative to Gaming Tax Revenue through May 2016. (Through eleven months of the fiscal year the casinos have reported revenue growth of 1.03% compared to the same time in the prior year. Through eleven months of the fiscal year, MGM’s receipts are up by 2.09% Motor City’s are up by 1.55% and Greektown’s are down by 1.48%, compared with the prior fiscal year.) (REFERRED TO THE BUDGET, FINANCE AND AUDIT STANDING COMMITTEE ON 7-6-16)

Body

Replace with Body Text

Recommendation

Replace with the Recommendation Text