Tag Archives: Detroit
US – Greektown launches mobile app
Detroit’s Greektown Casino-Hotel, a JACK Entertainment portfolio property, announced the launch of two dynamic technologies: GT Connect and the Greektown Mobile App. Together these unparalleled innovations will simplify the guest experience, allowing guests to earn rewards, view promotions, request vehicles from valet, pay for meals and much more using a Virtual Players Card on a…
US – Detroit’s casino generate unbudgeted tax
Having seen their revenue grow for the first time since 2011, Detroit’s three casinos have generated an unexpected $5.2m for the city in gaming tax. The three properties generated taxation of $174.3m, $5.2m more than Detroit had budgeted for its fiscal year that ends June 30, 2016. Gross Gambling Revenues at MGM Grand Detroit, MotorCity…
US – Greektown expects to turn a profit in two years
Greektown Casino saw revenues slide by $31m in 2013 with further losses expected in 2014 in 2014 before eventually turning a profit again in 2015 following a series of renovations funded by new owner Dan Gilbert. Net revenues for the three months ended December 31, 2013 were $71.5m compared to $76.9m for the same quarter of 2012, a decrease of…
US – MGM takes energy drive to Detroit
MGM Grand Detroit has completed the LED lamp retrofit of its 61-acre parking garage, which with 3,117 LED lamps, will reduce the garage’s annual energy use by 80 per cent at the destination resort. Steve Zanella, President and COO of MGM Grand Detroit said: “As a property fully committed to the fundamental principles of environmental stewardship, we are proud to complete theLED lamp installation and…
US – City of Detroit sues for ‘improperly withheld’ casino cash
The City of Detroit has filed suit in Wayne County Circuit Court against Syncora Guarantee Inc. to recover up to $11m a month in casino revenues that the City believes are being improperly withheld due to Syncora’s conduct. This threatens the City’s ongoing restructuring efforts. Wayne County Circuit Court Judge Annette Berry granted the city’s request for a temporary restraining…
