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Tag Archives: MotorCity

US – Owners of Detroit’s MotorCity make play for half of Atlantic City’s Ocean resort

Luxor Capital Group, the New York hedge fund that owns Atlantic City’s Ocean Casino, is selling half of the Atlantic City property to the Ilitch family, owners of the Detroit Tigers baseball and Red Wings hockey teams, the Little Caesars pizza chain, and Detroit’s MotorCity Casino. The Ilitch family has already applied to the New…

US – Michigan Gaming Control Board approves license renewals for three Detroit casinos

The Michigan Gaming Control Board has approved the renewal of casino licenses for MGM Grand Detroit Casino, MotorCity Casino and Greektown Casino Hotel. The board voted 3-0 to accept the renewal recommendation from MGCB staff. The fourth board member was absent. A commercial casino license is issued for a one-year period in Michigan. All licenses…

US – Detroit casinos generate $69.3m aggregate revenue in August

The three Detroit casinos reported $69.3m in monthly aggregate revenue in August after reopening at 15 per cent capacity following a 4.5-month shutdown due to COVID-19 health concerns. The casinos’ aggregate revenue for slots and table games was down 42 per cent compared with August 2019 results and has declined 62 per cent year to…

US – IGT and FanDuel bring sports betting to MotorCity Casino in Michigan

International Game Technology’s PlaySports technology is now powering retail sports betting at the FanDuel Sportsbook at MotorCity Casino in Detroit, Michigan. The recently opened venue leverages IGT’s proven PlaySports platform and features 54 of the Company’s self-service PlaySports Kiosks. This go-live extends IGT’s proven retail partnership with FanDuel Group to eight states, after successfully co-launching…

US – New Ohio casinos blamed for Detroit downturn

Gaming revenues at Detroit’s three casinos fell by 6.75 per cent in July with analysts saying it is the first example of Motor City’s GGR being cannibalised by Ohio’s new casinos; Hollywood Casino in Toledo and Horseshoe Casino in Cleveland both of which opened in May. July GGR for MGM Grand fell 4.2 per cent…