Tuesday, April 21, 2009

Contradicts what we heard just days ago.....

From Indian Gaming
April 21, 2009
Soo Tribe's commercial casino sees drop in revenues printer friendly

Revenues at the commercial casino owned by the Sault Ste. Marie Tribe of Chippewa Indians fell 7 percent last month.
The Greektown Casino Hotel in Detroit, Michigan, didn't appear to benefit from the NCAA Final Four weekend. The facility was the closest to the games but saw a drop in business during the tournament.
But the other two commercial casinos saw a spike in revenue over the same weekend. However, all three facilities saw a 3 percent drop in March 2009, when compared to March 2008.
Greektown is currently reorganizing in bankruptcy court. The tribe is a majority owner.
Get the Story:
Casinos revenue dips 3% (The Detroit News 4/21)
Greektown Casino didn’t cash in on influx of Final Four fans (Crains Detroit 4/20

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