- MotorCity Casino sees declines...
..Detroit's other two gambling halls, Greektown and the Illitch-owned MotorCity casinos, recorded slight declines. MotorCity was down 0.07 percent to $41.07 million from $41.09 million a year ago. Greektown, which entered Chapter 11 bankruptcy May 29, said its take declined 3.5 percent to $26.82 million from $27.8 million in August 2007...
...MotorCity Casino opened its new hotel last fall and has unveiled other elements of its new facility in stages. So far, the piecemeal launches of the enlarged gaming floor and convention space have produced modest gains at best.
Many of those new elements have been operating for the better part of a year, but ongoing work to renovate and expand MotorCity's gaming floor and add restaurants and a state-of-the-art performance theater forced patrons to dodge construction for months while the facility remained open.
This week, the casino/hotel complex began getting the word out to customers that the finishing touches are done. Executives showed off the slick new bars and restaurants and expanded gaming floor to reporters Tuesday. On Friday, MotorCity plans a VIP party to kick off the casino's new post-construction era.
The casino is introducing an onslaught of new advertising as well. Broadcast and print ads touting the end of construction have been blanketing Metro Detroit media outlets this week.
MotorCity CEO Gregg Solomon said he expects the response to be positive for both customers and MotorCity's bottom line.
"We're interested in pushing the envelope here," Solomon said. "We're making a bold statement not just about us, but about the future of the city of Detroit." (Complete Story)
Michigan Gaming Control Board: 2008 Detroit Casino Revenues Report