MGM Grand Detroit Casino News - Page 6
MGM Resorts forms REIT with 10 properties
30 October 2015
The company says the formation of a real estate investment trust will offer "strategic and financial benefits."
Rapper Ice Cube in alleged box-up with Rabbi29 May 2015
Ice Cube slapped with lawsuit by Rabbi who alleges anti-semitic abuse outside Detroit casino.
Detroit casinos boosted by low gas prices11 March 2015
Detroit casino revenue pumped up by lower gas prices.
Detroit casino revenues and wagering taxes reported for 201414 January 2015
Overall 2014 revenue down 1.2 percent but Q4 and December revenue rose 4 percent and 10.3 percent respectively.
Worker sues casino over right-to-work law7 January 2015
Under Right to Work law, worker files unfair practices suit against MGM Grand Detroit and her union.
Turnaround story unfolds for MGM Resorts International18 August 2014
Following the company’s release of second-quarter earnings this month — a profit of $105.5 million on revenue of $2.6 billion — the investment community praised the company and lauded expansion opportunities in the U.S. and Macau.
Bullish on Detroit gaming despite bankruptcy29 July 2013
Gaming taxes could pay for Detroit’s entire fire department or half of the city’s police department, and the city said it needs continued access to the funds “to ensure public safety.”
Detroit casino revenues down slightly in April15 May 2013
Detroit's casino revenue was down 2.7 percent in April.
Steve Zanella promoted to President & COO MGM Grand Detroit13 May 2013
Steve Zanella has been promoted to President and Chief Operating Officer of MGM Grand Detroit.
Detroit casinos revenue down23 January 2013
Detroit casino revenue down 0.5 percent in 2012.
Detroit revenue up for casinos in September31 October 2012
Detroit casinos revenue was up 0.2% for September 2012 when compared with the same month in 2011.
Jackpot Island and award-winning slot machines arrive at MGM Grand Detroit14 August 2012
New games include special bonus rounds, interactive touch screens and linked progressives.
MGM Grand Detroit adds 10-station electronic roulette slot machine to gaming floor14 August 2012
The fully automated game features a real roulette wheel and touch screen interface.
Mixed revenue results for Detroit casinos17 February 2012
Revenue down 1.7 percent for Detroit's casinos combined for January, but Greektown's revenue rose 7 percent over the same month last year.
MGM Resorts expands M life program16 February 2012
Members now are rewarded for virtually every dollar spent at 15 MGM Resorts destinations in Las Vegas and across the U.S.
November revenue improves year for Detroit casinos14 December 2011
November revenue was good for Detroit casinos boosting overall revenue for the year.
MGM Grand Detroit casino workers reject contract28 October 2011
Workers reject 4 year contract offer at MGM Grand Detroit.
Detroit: Revenue up, except Greektown12 October 2011
Detroit casino revenue up 4.1 percent for September.
MGM Grand Detroit receives Pinnacle Award23 August 2011
MGM Grand Detroit has been named one of the best hotels to host a meeting in the 2011 Pinnacle Awards.
Revenue declines at Detroit's casinos11 May 2011
Revenue at Detroit's three casinos down between March and April, but up compared to same period last year.
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