Detroit News - Page 9
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 Program11 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 bankruptcy29 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 revenues5 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 April15 May 2013
Detroit's casino revenue was down 2.7 percent in April.
Steve Zanella promoted to President & COO MGM Grand Detroit13 May 2013
Steve Zanella has been promoted to President and Chief Operating Officer of MGM Grand Detroit.
Caesars Entertainment partner Rock Gaming licensed to take over Detroit11 April 2013
Rock Gaming, which is controlled by Detroit businessman Dan Gilbert, won approval this week from Michigan gaming regulators to take over ownership of the Greektown Casino.
Gilbert closer to buying Greektown Casino19 March 2013
Greektown Superholdings said it reached agreement late Monday with Gilbert on potential sale terms, but that they have yet to close a deal.
Detroit casinos revenue down23 January 2013
Detroit casino revenue down 0.5 percent in 2012.
Quicken Loans founder plans to buy Greektown Casino in Detroit18 January 2013
Quicken Loans founder Dan Gilbert, already spending millions to help revitalize Detroit's urban core, has announced plans to buy the Greektown Casino, near his company's headquarters.
Detroit revenue up for casinos in September31 October 2012
Detroit casinos revenue was up 0.2% for September 2012 when compared with the same month in 2011.
Greektown Casino-Hotel hosts golf outing for Detroit youth charities17 August 2012
4th annual Greektown Casino charity golf outing to benefit local nonprofits that instill leadership skills in Detroit area youth.
Jackpot Island and award-winning slot machines arrive at MGM Grand Detroit14 August 2012
New games include special bonus rounds, interactive touch screens and linked progressives.
MGM Grand Detroit adds 10-station electronic roulette slot machine to gaming floor14 August 2012
The fully automated game features a real roulette wheel and touch screen interface.
Detroit's three casinos see drop in revenue19 July 2012
Revenue from Detroit's three casinos was down in June, though not because of the new Toledo casino that opened in late May.
Motorcity box-up in the buffet goes viral22 February 2012
Fight between women at Motorcity Casino buffet last Friday morning goes viral on youtube.
Mixed revenue results for Detroit casinos17 February 2012
Revenue down 1.7 percent for Detroit's casinos combined for January, but Greektown's revenue rose 7 percent over the same month last year.
MGM Resorts expands M life program16 February 2012
Members now are rewarded for virtually every dollar spent at 15 MGM Resorts destinations in Las Vegas and across the U.S.
November revenue improves year for Detroit casinos14 December 2011
November revenue was good for Detroit casinos boosting overall revenue for the year.
Could a lottery bail out Detroit?2 December 2011
City needs money to fund schools, Jimmy Womack wants to explore the potential of a Detroit lottery.
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