Casino revenues hit wall - 2004-01-16
Detroit’s casino profits in 2003 barely exceeded 2002 and industry officials don’t expect much growth this year.
Overall, total casino revenues for MGM Grand Detroit, Greektown Casino and MotorCity Casino added up to $1.13 billion last year, up only four-tenths of 1 percent or $5,058,387.
MGM Grand was the only casino to show growth. Gamblers spent $403.3 million in 2003, up $8.3 million over 2002 or 2.1 percent.
Read the full story at Detroit News