Detroit News - Page 9

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Detroit casino revenue up 4.8 percent

8 July 2015

Detroit revenue rose 4.8% during the first half of 2015.

Rapper Ice Cube in alleged box-up with Rabbi

29 May 2015

Ice Cube slapped with lawsuit by Rabbi who alleges anti-semitic abuse outside Detroit casino.

Detroit casinos boosted by low gas prices

11 March 2015

Detroit casino revenue pumped up by lower gas prices.

Caesars sells 20 percent interest in Ohio casinos

27 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 2014

14 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 law

7 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 fall

17 October 2014

Detroit's casino revenue fell 3 percent in September compared to the same month last year.

Detroit: Revenue down 0.2 percent

15 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 International

18 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 percent

14 May 2014

Tough times continue for Detroit as revenue falls 6 percent in April.

Inside Gaming: Weight of debt will not go away

13 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 division

29 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 casinos

24 January 2014

Detroit casino see gambling revenue fall in 2013.

Detroit braces for casino revenue results

6 November 2013

Detroit braces for worst casino revenue decline results since 2001.

Depositions reveal how much Detroit needs casino revenue

4 September 2013

City of Detroit would have collapsed without access to casino revenue.

Bankrupt Detroit entitled to receive casino revenue for now

28 August 2013

A bankruptcy judge ruled that the city can access its casino tax revenue during its pension debt dispute.

Meals On Wheels winner in Greektown Casino-Hotel Online (Free Ride) Charity Program

11 August 2013

Meals on Wheels will receive a $15,000 charitable donation from Greektown Casino-Hotel as the winner (61% of total votes) of the online contest.

Bullish on Detroit gaming despite bankruptcy

29 July 2013

Gaming taxes could pay for Detroit’s entire fire department or half of the city’s police department, and the city said it needs continued access to the funds “to ensure public safety.”

Detroit sues financial insurer Syncora to release improperly captured city casino revenues

5 July 2013

Syncora's actions are hindering City's efforts to restructure: Insurer not party to agreements on casino revenue.

Detroit casino revenues down slightly in April

15 May 2013

Detroit's casino revenue was down 2.7 percent in April.

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