Detroit News - Page 19

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Detroit Casinos Hedge on Permanent Building Plans

4 November 2004

News Brief: Officials at Detroit’s three casinos say restricting the state’s expansion of gambling offers no guarantees they will have the necessary revenue to move ahead with building permanent casinos costing $1.5 billion.

Detroit's Self-Ban List Grows

14 October 2004

News Brief: A total of 821 people have voluntarily placed themselves on a list that permanently bans them from Detroit's three licensed casinos. That is triple the number of people on the list in 2002.

MGM Grand, Tribe Spend Millions on Campaign

28 September 2004

News Brief: The owners of Detroit's MGM Grand Casino and Soaring Eagle in Mt. Pleasant have spent nearly $7 million in the opening rounds of the campaign to win voter approval of a constitutional amendment to limit the expansion of gambling in Michigan.

Magna's Detroit Plans Near Approval

15 September 2004

News Brief: Magna Entertainment Corp.’s plan to build a racetrack in the Detroit suburb of Romulus is close to gaining full government approval.

MGM Lays Off 150, Blaming Casino Tax Increase

15 September 2004

The MGM Grand Detroit Casino said Tuesday that it is laying off 150 workers because of an increase in Michigan's casino tax from 18 percent to 24 percent.

Detroit Casinos Still Being Questioned

23 August 2004

News Brief: The Greektown Casino has been open for four years and its two downtown Detroit competitors a year longer, but the debate over whether they're an economic benefit or social blight is as fierce as ever.

Greektown to Layoff 100 Workers

12 August 2004

News Brief: Greektown Casino announced Wednesday that it would lay off more than 100 workers in response to the Legislature's vote to raise the casino's tax by one-third.

Exec: Detroit Casinos Fulfilled Some Expectations

29 July 2004

News Brief: Detroit’s casinos have not become the magic bullet for development. However, George Boyer, chief operating officer of MGM Grand, maintains that the casinos have been a catalyst for other development by introducing Detroit to people who previously stayed away.

Detroit Shows the Gamble Casinos Can Be

19 July 2004

News Brief: Nearly 8 years after gaming was approved, some major promises remain unfulfilled.

Detroit Casinos Report Revenues Up

14 July 2004

News Brief: Detroit’s three casinos reported total revenue of more than $93.4 million for June, up more than $1.5 million over June 2003 receipts.

Construction Industry Talks, And The Legislature Listens

7 July 2004

MGM Grand Detroit Warn Rivals

18 June 2004

News Brief: Executives of the MGM Grand Detroit Casino have warned the majority owners of Greektown Casino that they will sue if plans to develop a $350 million casino in Romulus are not dropped.

MGM to Sell MotorCity Casino

17 June 2004

News Brief: MGM Mirage Inc. plans to sell MotorCity Casino as soon as its $7.9 billion purchase of MotorCity Casino’s current owner Mandalay Resort Group Inc. is finalized early in 2005.

Detroit Casinos Take in Second Highest Total

9 June 2004

News Brief: Detroit’s casinos took in more than $108.6 million in gross gambling revenue for May, the second-highest total ever.

Detroit Businessman Interested in MotorCity Casino

8 June 2004

News Brief: Detroit businessman and casino owner Don Barden says he's interested in buying a casino that MGM Mirage might be forced to sell if it succeeds in a bid to buy rival Mandalay Resort Group.

Detroit Mayor Against Casino-Convention Center Plans

3 June 2004

News Brief: Detroit Mayor Kwame Kilpatrick says he'd rather see a new convention center he wants built stand on its own without a casino attached.

Low-End Slots a Big Hit in Detroit

19 May 2004

News Brief: It's easier than ever to get a piece of the action, albeit a small one, now that all three of the city's casinos offer slot machines that can be played for a penny.

Windsor Gamblers Find Return Friendly

17 May 2004

News Brief: The colored waterfall danced, the slot machines clanged and players lined up to check the status of their bonus points at Casino Windsor on Friday morning as it reopened after a contentious 41-day strike.

Ohio Casino Patrons, Money Leave for Detroit

17 May 2004

News Brief: Thousands of northeast Ohio residents travel to Detroit every month looking for casino action.

Detroit Casinos May Drop Hotels

14 May 2004

News Brief: Clauses in their contracts with the city would allow the three Detroit casinos to skip building permanent casinos and hotels if the state doubles the gaming tax, according to people familiar with the agreements.

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