Detroit News - Page 8
$500K robbed outside Detroit casino
30 November 2015
A thief took off with $500K outside Greektown Casino.
Rock Gaming adds new executive to team24 November 2015
Darlene Monzo has been appointed the casino operator's senior vice president and chief marketing officer.
MGM Resorts forms REIT with 10 properties30 October 2015
The company says the formation of a real estate investment trust will offer "strategic and financial benefits."
Casino Openings & Expansions: Choctaw Casino Resort targets wide demographic with new luxury amenities16 October 2015
Choctaw Casino Resort in Oklahoma is hoping the addition of a non-gaming amenities such as an entertainment district, luxury spa and new guest rooms will draw visitors of all ages from key markets.
Mohegan Tribal Gaming Commission joins AGA board of directors25 September 2015
The Washington, D.C.-based trade organization has added six new members to its board of directors.
Detroit casino revenue up 4.8 percent8 July 2015
Detroit revenue rose 4.8% during the first half of 2015.
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.
Caesars sells 20 percent interest in Ohio casinos27 February 2015
Caesars will continue to manage the properties, which will remain part of the company’s Total Rewards player loyalty program.
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.
Detroit’s casinos see gambling revenue fall17 October 2014
Detroit's casino revenue fell 3 percent in September compared to the same month last year.
Detroit: Revenue down 0.2 percent15 September 2014
Detroit casinos’ aggregate revenue was down 0.2 percent for for August 2014 compared to last year, but up 1.2 percent compared to July 2014.
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.
Detroit: Revenue down 6 percent14 May 2014
Tough times continue for Detroit as revenue falls 6 percent in April.
Inside Gaming: Weight of debt will not go away13 May 2014
Last Tuesday, Caesars announced a five-step plan for eliminating the company’s 2015 financial obligations and reduce the upcoming debts due in 2016 and 2017.
Nikodemus named COO of MGM Resorts International regional division29 April 2014
In the new role, Nikodemus will oversee MGM Resorts’ casino operations in Mississippi, Detroit, and projects planned for Springfield, Mass., and Prince George’s County, Md.
Gambling revenues fall in 2013 at Detroit's 3 casinos24 January 2014
Detroit casino see gambling revenue fall in 2013.
Detroit braces for casino revenue results6 November 2013
Detroit braces for worst casino revenue decline results since 2001.
Depositions reveal how much Detroit needs casino revenue4 September 2013
City of Detroit would have collapsed without access to casino revenue.
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