The city's casino business, 10 years old in July, is finally showing the ravages of Michigan's prolonged recession.
For the first time, Detroit's three casinos are likely to record a drop in combined annual gaming revenues, already down 2.5 percent through August. The downward trend for MGM Grand Detroit, Greektown and MotorCity is expected to continue unless the economy shows a startling uptick in the year's final four months.
Monday, September 14, 2009
Detroit casino revenues fall off for first time
The Detroit News reports: