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Michigan News - Page 45

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Barden, Tribe Reach Settlement

News Brief: Detroit businessman Don Barden and the Lac Vieux Desert Band of Lake Superior Chippewa Indians reached a $33 million settlement Wednesday in a dispute over a 2001 agreement.

Michigan Casino Future Shaky

News Brief: An increase in casinos and a decrease in revenue, as well as the questionable use of tax-exempt bonds to build hotels and golf courses, appears to have shaken up the future of the Michigan casino business.

Host Communities Reap Benefits of Casinos

Greektown Plans Not Good News for Some

News Brief: Greektown Casino's proposal to stay in its temporary location doesn't sit well with Darlene Williamson or hundreds of other low-income residents of Parkwycke Towers Apartments, which will be bulldozed early next year to make way for a 3,500-space parking garage.

Barden Not Happy with 1% Stake

News Brief: Don H. Barden finally owns a piece of Detroit's $1.18-billion casino market, eight years after being rebuffed in his bid for one of three original casino licenses. But he is not happy with having a 1% stake in the Greektown Casino and wants to buy out the majority owner.

G2E Conference Brings Opportunity For All

This week the Global Gaming Expo is taking place in Las Vegas, Nevada, with more than 25,000 industry professionals slated to attend.

Greektown to Stay Put

News Brief: Greektown Casino has abandoned plans to build a permanent casino at Gratiot and I-375 and instead will stay in the bustling Greektown district, where it also plans a 400-room hotel and parking structure.

Its His Time: Father of Michigan Horse Racing Deserves Recognition

Michigan Tribal Casino Breaks Ground

News Brief: The Little Traverse Bay Bands of Odawa Indians will break ground on its new casino/hotel/entertainment complex at 10 a.m., Thursday, Sept. 1.

Michigan Casino Battle Heads Towards Resolution

News Brief: A seven-year battle over a proposed casino in Emmett Township may once again be on the road to resolution.

Economic Diversification Will be Key for Long Term Tribal Success

Detroit Casinos Reports Mixed Results

News Brief: MGM Grand Detroit Casino L.L.C. and Greektown Casino L.L.C. reported revenue increases for July, while MotorCity Casino L.L.C. revenue was 4 percent behind 2004 for July and nearly 1 percent off the year to date.

Greektown Cuts Budget

News Brief: Greektown Casino will ask state gaming regulators to approve a $635-million financing package next month that would include $200 million for a permanent casino, about half of what it said last year it would spend to build a glittering gambling complex near Ford Field.

Detroit Leaders Wonder About Casino Delay

News Brief: Detroit leaders are wondering why shovels are not in the ground to build permanent casinos more than three months after they were cleared to start construction.

Report by Help Proposed Michigan Casino

News Brief: An environmental impact statement set for public release Friday will detail the anticipated impacts of the proposed FireKeepers Casino in Emmett Township, and the results may favor the casino.

New Campaign Promotes Responsible Gaming Awareness

An All-Star Tribute

Detroit Casinos Rake in Deserted Jackpots

News Brief: Two Detroit casinos have pocketed about $650,000 since 2003 in winnings that forgetful gamblers neglected to claim before they expired.

Atronic's Cash Fever Approved in Detroit

Atronic announces the Michigan Gaming Lab approval for and first installation of its Cash Fever video slots. Cash Fever is a dynamic Bonus Link system featuring four levels of jackpots and exciting game themes on Atronic's innovative e-motion cabinet.

The Impact of Gaming Privilege Taxes

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