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Detroit Gambling News

Turnaround story unfolds for MGM Resorts International

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. read more

Detroit: Revenue down 6 percent

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

Inside Gaming: Weight of debt will not go away

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. read more

Nikodemus named COO of MGM Resorts International regional division

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. read more

Gambling revenues fall in 2013 at Detroit's 3 casinos

Detroit casino see gambling revenue fall in 2013. read more

Detroit braces for casino revenue results

Detroit braces for worst casino revenue decline results since 2001. read more

Depositions reveal how much Detroit needs casino revenue

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

Bankrupt Detroit entitled to receive casino revenue for now

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

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

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. read more

Bullish on Detroit gaming despite bankruptcy

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.” read more


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