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Detroit News - Page 20

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Detroit Casinos Still Being Questioned

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

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

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

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

Detroit Casinos Report Revenues Up

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

MGM Grand Detroit Warn Rivals

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

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

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

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

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

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

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

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

Detroit Casinos May Drop Hotels

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.

Michigan House Votes to Double Casino Taxes

ews Brief: Michigan's House of Representatives voted to double the amount of taxes casinos would pay to the state and Detroit city from 18 percent to 36 percent.

Penny Slots Big in Detroit

News Brief: Although nickel and quarter slot machines have been popular at Detroit casinos for years, some of the hottest new machines on the floor are the one-cent, two-cent and dime slot machines.

Detroit Casino Owner Wants to Run Racino

News Brief: Casino owner Don Barden is joining a growing list of entrepreneurs who want to operate a horsetrack with video lottery terminals in Metro Detroit.

Detroit Casinos Get Ready for Competition

News Brief: While Michigan’s horsemen continue their push for video lottery terminals, officials with two of Detroit’s three casinos say they would initiate steps to offset potential losses if racetrack casinos are legalized.

Detroit Casinos, Tribes Settlement Approved

News Brief: Under a court-approved settlement, MotorCity Casino and Greektown Casino will pay $79 million to the Lac Vieux Desert Band of Lake Superior Chippewa Indians.

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