Tuesday, February 16, 2010

STILL...


According to Crain's Detroit Business, Greektown had the greatest gains over last year among the 3 competing casinos. Why are the Greektown revenues still topping the other 2 when the Sault Tribe management couldn't make a dollar off it when they were in control?

Greektown Casino L.L.C., which is exiting bankruptcy, reported the largest month-over-month revenue gain at $28 million in January, up from $24.3 million a year ago.

MGM Grand Casino L.L.C. reported $47.4 million in January revenue compared to $45.7 million a year ago.

Detroit Entertainment L.L.C.’s MotorCity Casino saw a decline in January revenue: It took in $35.9 million compared to $36.8 million in the same month in 2009.

The total state waging tax collected from the three casinos was $10.1 million in January versus $9.6 million a year ago.

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Our right to make changes through referendum is the one voice we have left....use it.