The Verifiable Truth: MotorCity Casino’s revenues drop just two months after expanded gaming facility opens

Monday, October 15, 2007

MotorCity Casino’s revenues drop just two months after expanded gaming facility opens

Casino City Times reports MotorCity Casino added 25,500 square feet of gaming space and opened its expanded 100,000 square foot casino in early June 2007.

The property saw a substantial jump in casino revenue in June 2007 (+15.06%); and then had a slight increase in revenue for July 2007 (+0.82%). But in August 2007, just two months after the expanded gaming floor opened, MotorCity Casino’s monthly revenue had a measurable drop (-3.73%).

September 2007 revenues have yet to be published. And in October 2007, MGM Grand Detroit (Detroit's leading casino) had its Grand Opening.

*source: MGCB 2007 Revenues

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Monday, October 15, 2007

MotorCity Casino’s revenues drop just two months after expanded gaming facility opens

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