Detroit News - Page 5
Detroit casinos revenue continues to fall
14 July 2020
The Detroit casinos' year-to-date aggregate revenue fell 59.3% through 30 June as the COVID-19 health emergency has kept their doors closed since 16 March.
Three Michigan casinos still remain closed7 July 2020
MotorCity Casino, MGM Grand Detroit Casino and Greektown Casino Hotel all state that they are temporarily closed on their websites. No reopening dates have been determined.
Detroit casinos see revenue drop8 June 2020
The three Detroit casinos’ year-to-date aggregate revenue of $299.2 million was down by 51.6 percent through May compared to 2019.
Detroit casinos take big hit so far in 202012 May 2020
The Detroit casinos reported $299.2 million in aggregate revenue through April, which is down 39.2% from $492.1 million in revenue reported for the same four months in 2019.
MotorCity Casino extends temporary closure30 March 2020
MotorCity Casino announced that it will extend its temporary closure.
MGM Resorts donates $1 million for employee emergency fund23 March 2020
On top of the $1 million crisis and disaster relief pledge, the company is donating the equivalent of 400,000 meals across the U.S.
COVID-19 takes its toll on US casinos16 March 2020
As a result of the coronavirus outbreak in the U.S., casinos across the country have announced temporary closures. These resorts will continue to assess the situation over the next two weeks and reevaluate the closures.
MotorCity Casino temporarily closes15 March 2020
The Detroit casino will close for 14 days as of 16 March.
Greektown Casino Hotel suspends operations15 March 2020
Penn National Gaming announced it will temporarily suspend operations at Greektown Casino Hotel for a period of two weeks beginning at 5 p.m. on 16 March, as a precautionary measure against the spread of COVID-19.
Casino City’s Friday Five: COVID-19 edition13 March 2020
Trade show cancellations are pouring in, sportsbooks that would have been jam packed next week for March Madness will now be empty, and with a travel ban to the U.S. in place, visitation numbers will plummet.
IGT and FanDuel bring sports betting to MotorCity Casino13 March 2020
The recently opened venue at the Michigan casino leverages IGT’s proven PlaySports platform and features 54 of the company’s self-service PlaySports Kiosks.
Kambi makes same week launches in Michigan and Illinois12 March 2020
The supplier enabled partners Rush Street Interactive and Penn National Gaming to take the first legal wagers in the states of Illinois and Michigan respectively.
Michigan sports bettors can finally place their bets11 March 2020
Greektown Casino Hotel and MGM Grand Detroit Casino are expected to accept their first sports wagers today, and MotorCity Casino likely won't be far behind.
Gold Strike names Dardeau new President and COO27 January 2020
Brandon Dardeau was Vice President of Marketing at Beau Rivage Resort & Casino in Biloxi since 2014, also part of the MGM Resorts portfolio, and began his career at MGM Grand Hotel & Casino Las Vegas in 2000.
Detroit commercial casinos total revenue topped $1.4 billion in 201927 January 2020
Both MGM Grand Detroit and MotorCity Casino experienced their highest yearly adjusted gross revenue totals since the casinos opened in 1999.
Penn National Gaming's CFO announces plans to step down27 September 2019
William J. Fair will be stepping down as Executive Vice President and Chief Financial Officer at the conclusion of his current employment contract term, which expires 31 March 2020.
Casino City’s Friday Five: The NFL gambles on the preseason edition9 August 2019
The gambling industry saw a first last night during the Washington Redskins’ preseason game against the Cleveland Browns.
Mid-South's first Topgolf Swing Suite opens6 August 2019
MGM Resorts International's Gold Strike Casino Resort in Mississippi has opened the Mid-South’s first Topgolf Swing Suite at its new venue, Moneyline Book, Bar & Grill.
Beau Rivage brings Topgolf Swing Suite to Mississippi23 July 2019
The Biloxi resort joins sister MGM resorts Gold Strike Casino Resort, MGM Grand Detroit Casino and MGM Springfield with the Topgolf Swing Suite amenity.
JACK Entertainment sells Greektown Casino Hotel23 May 2019
The company announced the sale of the Detroit casino and hotel for $1 billion to Penn National Gaming and VICI Properties.
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