Wednesday, October 26, 2011

MotorCity Casino Workers Give Back Gains to Keep Jobs; Ilitch gets richer

Casino workers agree to givebacks
Greektown's unions vote for deal with health care changes
Detroit— Workers voted Tuesday to ratify a four-year agreement with MotorCity Casino.

Nearly 70 percent of the MotorCity workers who voted approved the new contract, compared to 74 percent at Greektown on Monday.

Union workers at MGM Grand Detroit will vote Thursday.

"As a trustee of the local and a member of the bargaining team for Teamsters Local 372, I'm elated with the 'yes' vote," valet Mark Williams said in a statement issued Tuesday night by the local, which represents valets, front desk staff, phone operators, warehouse, grounds and general workers. Williams has worked at MotorCity for nine years.

"This was a tough set of contract talks when you factor in the difficulty of our region, but our bargaining team worked hard with our membership and at the negotiation table to get the best possible agreement for our members," said Dave DeLong, president of Teamsters Local 372.

The Detroit Casino Council, a coalition of five unions, including the Teamsters, represents nearly 6,000 union members at Detroit's three gambling houses. While the Detroit Casino Council did not release details, UNITE HERE Local 24 indicated on its website that workers would make monthly payments on health care coverage.

Greektown, which last year emerged from bankruptcy protection, has posted a 1.8 percent revenue loss through the first nine months of the year.

Revenue grew at MotorCity and MGM Grand through the first three quarters this year.

"It seems to me that this is a tough time economically, and workers in many industries, especially unionized workers in nontechnology industries, are being convinced they have to give back gains to save jobs," said Frank Fantini, editor and publisher of Fantini's Gaming & Lodging Reports in Delaware.

All three casinos assumed large debt loads to build new casinos and hotels required by Detroit, said Jake Miklojcik, a Lansing-based gaming consultant who sat on Greektown's board of directors during bankruptcy. The casinos make mediocre profit margins compared with other industries, he said.

"You don't have as much wiggle room because of the debt," he said.

Forbes reported in September that Mike & Marian Ilitch are worth $2 billion.  That's up from $1.7 billion in 2010.  Marian Ilitch owns Detroit's MotorCity Casino.

See also:

No comments:

TVT has welcomed more than 178,000 unique vistors

TVT, founded in December 2006, has averaged more than 20,000 visitors annually. It is produced with the support of scores of individuals from coast-to-coast, each a volunteer citizen activist/jounalist, who review tips and compile the verifiable details and documents that are the hallmark of our content.

Since our first post, more than 178,000 visitors have accessed the details compiled uniquely at TVT.

The citizen activists behind TVT wish to extened a big "THANK YOU" to all those who have provided "tips" -- contributed pictures, documents, link suggestions, leads, reports, insight and comments. Your trust and confidence in TVT has allowed us to create a comprehensive resource that thousands of others -- including bloggers, journalists, Members of Congress and other local citizen activists around the country -- have come to rely upon.

We invite feedback and constructive comment and want you to know you are welcome to do that here in "comments" or by contacting us directly and confidentially via

Google News: Indian Gaming

NEWS: Bay Mills Indian Community & Casino Proposals

NEWS: Shinnecock Indian Nation (Gateway Casino Resorts) Casino Proposals

NY Times: Shinnecock Indian Nation

NEWS: Los Coyotes Indian Tribe

NEWS: Los Coyotes / Barwest Barstow Casino Proposals

NEWS: Michael J. Malik, Sr.

NEWS: Marian Ilitch Mapping Social Networks

Play with the interactive tool here or visit

TIP: Search for multiple entries in the database simultaneously by separating their names with the word and

certainly must reads!

Ilitch has backed loosing sports teams and pizza, but casinos in Detroit? 10.09.06 ● Marian Ilitch #1 on "25 Most Powerful People" to Watch 2006” global gaming business o1.oo.o5 ● My Kingdom for a Casino Forbes 05.08.06 ● Big Lagoon’s casino dream awakens north coast journal 07.28.05 ● Shinnecocks launch legal claim to Hamptons land 06.16.05 ● Ilitch Plans to Expand Casino Empire 07.05.05 ● Ilitch outbids partners 04.14.05 ● Ilitch enmeshed in NY casino dispute 03.20.05 ● Marian Ilitch, high roller 03.20.05 ● MGM Mirage to Decide on Offer for Casino in Detroit 04.16.05 ● Secret deal for MotorCity alleged 02.15.05 ● Los Coyotes get new developer 02.08.05 Detroit casino figure to finance Barstow project 07.07.03 ● Indian Band trying to put casino in Barstow 06.04.03 Pizza matriarch takes on casino roles 10.23.02 ● Vanderbilt gets short straw in negotiations for a casino Lansing Journal 10.06.02 ● Indians aim to drive family from tribe in vicious dispute san diego union tribune 04.09.00 ●Malik owns 2000 Michigan Quarter Horse of the Year 01.01.00 ● Detroit Team to run Michigan’s newest Indian casino 05.23.99 Tiger ties tangle Marian Ilitch 04.29.99 ● Three investors must sell their Detroit casino interests 04.25.99 ● Partners’ cash revived election; They say money was crucial to Prop-E 04.25.99 Investors have troubled histories las vegas review journal 04.27.99 ● Investor served probation for domestic assault on 12 year old boy 04.25.99 Can a pair win a jackpot?: local men hope to... 03.17.97

The Verifiable Truth