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Detroit News - Page 17

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Plans for Another Detroit Casino Revealed

News Brief: Plans to build the Detroit region's fifth major casino will be announced today, but the city and an Upper Peninsula tribe will need Congressional approval before they could roll the dice.

Greektown Plans Not Good News for Some

News Brief: Greektown Casino's proposal to stay in its temporary location doesn't sit well with Darlene Williamson or hundreds of other low-income residents of Parkwycke Towers Apartments, which will be bulldozed early next year to make way for a 3,500-space parking garage.

Barden Not Happy with 1% Stake

News Brief: Don H. Barden finally owns a piece of Detroit's $1.18-billion casino market, eight years after being rebuffed in his bid for one of three original casino licenses. But he is not happy with having a 1% stake in the Greektown Casino and wants to buy out the majority owner.

Greektown to Stay Put

News Brief: Greektown Casino has abandoned plans to build a permanent casino at Gratiot and I-375 and instead will stay in the bustling Greektown district, where it also plans a 400-room hotel and parking structure.

Detroit Casinos Reports Mixed Results

News Brief: MGM Grand Detroit Casino L.L.C. and Greektown Casino L.L.C. reported revenue increases for July, while MotorCity Casino L.L.C. revenue was 4 percent behind 2004 for July and nearly 1 percent off the year to date.

Greektown Cuts Budget

News Brief: Greektown Casino will ask state gaming regulators to approve a $635-million financing package next month that would include $200 million for a permanent casino, about half of what it said last year it would spend to build a glittering gambling complex near Ford Field.

Detroit Leaders Wonder About Casino Delay

News Brief: Detroit leaders are wondering why shovels are not in the ground to build permanent casinos more than three months after they were cleared to start construction.

Detroit Casinos Rake in Deserted Jackpots

News Brief: Two Detroit casinos have pocketed about $650,000 since 2003 in winnings that forgetful gamblers neglected to claim before they expired.

Atronic's Cash Fever Approved in Detroit

Atronic announces the Michigan Gaming Lab approval for and first installation of its Cash Fever video slots. Cash Fever is a dynamic Bonus Link system featuring four levels of jackpots and exciting game themes on Atronic's innovative e-motion cabinet.

Detroit Expects to Win from Ontario Smoking Ban

News Brief: Casino Windsor officials are bracing to lose gamblers to Detroit casinos when Ontario imposes a no-smoking ban on all public buildings next year.

MGM Donates Meals to Poor

News Brief: The MGM Grand Detroit Casino gave away more than 83,000 meals last year to Gleaners Community Food Bank of Metro Detroit for distribution to the poor.

Magna Entertainment Wins Michigan Contract

Magna Entertainment Corporation’s subsidiary, Michigan Racing, Inc., was awarded a license to construct and operate a horse racetrack in the Greater Detroit area by Michigan's Acting Racing Commissioner.

Detroit Casino Revenues Fall 7.4 Percent in April

Casino revenues in Detroit fell 7.4 percent to $103.8 million last month from April 2004, according to figures released Monday by the Michigan Gaming Control Board.

Casinos Get Zoning Approval From City Council

Plans by the city's three casinos to build permanent facilities, including hotels, continue to move forward, with city council approving a key zoning change for construction.

Detroit Casino Trial Clears Way for Permanent Sites

News Brief: An appeals court ruling Thursday ended a legal logjam and cleared the way for Detroit's three casinos to build permanent gambling, hotel and entertainment complexes.

Red Hatters Converge at MGM Grand

News Brief: About 1,500 other women of a certain age converged on MGM Grand casino Monday for Red Hat Day, a party celebrating the over-50 women's group spreading like a red and purple virus across the country.

MotorCity Casino Deal Finalized

Detroit businesswoman Marian Ilitch has finalized the purchase of MotorCity Casino, making her sole owner.

Michigan Board Approves the Mandalay's Interest Transfer

The Michigan Gaming Control Board has unanimously approved the transfer of Mandalay's indirect 53.53% ownership interest in the MotorCity Casino to an affiliate of Marian Ilitch.

Mandalay to Sell Interest in the MotorCity Casino

MGM MIRAGE and Mandalay Resort Group report that they have entered into a definitive agreement with an affiliate of Marian Ilitch to sell Mandalay's indirect 53.53% interest in the MotorCity Casino to Mrs. Ilitch's affiliate.

Detroit Businessman Enters Bid for MotorCity

News Brief” A last-minute bid by Peter Karmanos Jr. and another Detroit businessman for a controlling interest in MotorCity Casino is unlikely to derail Marian Ilitch from winning, officials said late Tuesday.

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