Aggregated revenue from Detroit’s three casinos totaled $101.4 million while operating at 15% since reopening this summer. October Results Better Than September Detroit’s three casinos reported $101.4 million in revenue in October. Compared with September’s results, revenue increased by 6.7%. Casinos still operate at 15% capacity to limit the spread of Covid-19. Slot machines and […]
MotorCity Casino Hotel in Detroit is making provisions in case a second lockdown on the business is imposed. The Ilitch-owned gambling establishment got an approval from the Michigan Gaming Control Board (MGCB) during a special meeting Monday to expand on its revolving credit facility and overall finance model. MGCB Unanimously Approved the Plan The casino […]
Casinos in Michigan have been allowed to re-open as State Governor Gretchen Whitmer issued an executive order Wednesday to permit the gaming properties to resume operations. The commercial land-based gaming facilities have been closed since mid-March, when the governor issued an executive order to close all non-essential business, in line with the ongoing federal and […]
Detroit’s casinos prepare to reopen on July 4. The date marks Phase 5 of the state’s restart of economy, but it is yet to be confirmed by state officials if casinos will be allowed to reopen their doors. After More Than Three Months of Suspended Operations, Detroit Casinos Prepare to Reopen Casinos in Detroit, Michigan […]
The three main casinos in Detroit have extended the temporary closure by two more weeks, at least until April 13, as the coronavirus /Covid-19/ outbreak in the state worsens, leaving thousands of its employees with no paychecks. Health Situation Requires Extension The initial period for the temporary shutdown of operations expires Tuesday, March 31, and […]
