Detroit casinos generated $118M in revenue last month, state collects $9.5M in taxes
DETROIT -- Combined revenues were up at the three Detroit casinos last month compared to 2021, but only one of them saw an increase year-over-year. Meanwhile Motor City is down by 8.8% to $36.42 million and Greektown is down 2.6% to $23.68 million. MGM made up 48% of revenue generated last month while Motor City and Greektown generated 31% and 21% of the slot and table game revenue respectively. Thanks to the $118 million in revenue generated last month, the state received $9.5 million in tax payments compared to $8.7 million in April 2021. Greektown Casino adds concert series with Michael Bolton, Boyz II Men, Pat BenatarState seizes 100 gambling devices from Genesee County storefront casino locationsmlive.com
Injured Copperfield trick participant loses lawsuit appeal
The Nevada Supreme Court has upheld a jury’s findings that illusionist David Copperfield and the MGM Grand hotel-casino were not financially responsible for a British tourist’s injuries during a signature vanishing act at a Las Vegas Strip show in 2013. Gavin Cox and his wife, Minh-Hahn Cox, alleged that the multimillionaire magician, the hotel, two Copperfield business entities and a construction firm that was renovating the hotel caused permanent brain injuries for Cox when he fell while taking part in the trick as a randomly picked audience member. In a complex verdict reached in May 2018 after several weeks of testimony, the jury found Copperfield, the hotel and Copperfield’s company, Backstage Disappearing Inc., negligent but not civilly liable for Cox’s fall.news.yahoo.com
Lomachenko, Lopez to give boxing fans a gift: free fight
Boxing fans should be thankful. Theyre getting a quality fight _ and theyre getting it for free. Boxing fans should be thankful, too. They’re getting a quality fight — and they’re getting it for free. It was then that Lopez vowed to chase down a fight with Lomachenko, the masterful Ukrainian who won two Olympic gold medals.
Fewer games, more plexiglass and no smoking -- a look inside MGM Grand Detroit
According to MGM Midwest COO and President David Tsai, only 40 percent of slot machines will be left running. All of it is costing MGM, and by way of tax dollars, the City of Detroit and the state, millions of dollars. Tsai, who has been with MGM for 13 years said he oversaw the reopening of other casinos in Ohio just last week. He saidWe have Detroit residents currently going to Michigan tribal casinos or casinos in Ohio and Indiana that dont have the level of requirements that we have, he said. The hotel will not be ready to open whenever the casino is allowed to open its doors.
Lace them up: Boxing set for June 9 return in Las Vegas
FILE - In this Feb. 22, 2020, file photo, Tyson Fury, of England, lands a right to Deontay Wilder, left, during a WBC heavyweight championship boxing match in Las Vegas. Boxing promoter Bob Arum says he plans to stage a card of five fights on June 9 at the MGM Grand. It's the first of a series of fights over the next two months at the Las Vegas hotel. A second fight card will be held two nights later. Hearn told The Athletic that the first fight card is tentatively set for July 15.
Michigan on site sports betting will begin Wednesday
LANSING The first legal sports betting in Michigan will begin next week, state regulators said Friday. The Michigan Gaming Control Board is expected to give final approval after presentations by all three commercial casinos in Detroit soon. Online and mobile sports wagering through the Detroit casinos or tribal casinos is expected to start in 2021. Michigan legalized sports betting and online gambling in December. Casinos that open physical or online sports books will pay an 8.4% tax on receipts after winnings are paid out.monroenews.com
Legal sports betting in Michigan to go live just in time for March Madness
The Michigan Gaming Control Board made the announcement Friday that sports fans will be able to bet on March Madness games when the legal betting goes live. MGM Grand in Detroit spent $7 million on a sports lounge and sports book. It will have seven walk-up windows and 15 kiosks. Greektown Casino sports book will be on the third level with kiosks, televisions, a bar and food. Motor City Casino didn’t respond to a comment request about what it has ready for sports betting, but it has met the requirements to begin onsite betting Wednesday.
Detroit Public Safety Foundation hosting its 7th annual Above and Beyond awards ceremony
DETROIT – The Detroit Public Safety Foundation will host its 7th Annual Above and Beyond awards ceremony Wednesday, Nov. 6 from 5:30 to 8:30 p.m. at MGM Grand in Detroit. Each year during the signature event, DPSF recognizes first responders and civilians for their selfless service to the citizens of Detroit. For full details on the event including award recipients, click here.
Las Vegas massacre survivors, families reach $735 million settlement with MGM
(Reuters) - Survivors and family of 58 people who were slain in the deadliest mass shooting in modern U.S. history have reached a settlement of at least $735 million with MGM Resorts, a law firm representing the victims and MGM Resorts International said on Thursday. MGM Resorts owns the Mandalay Bay Hotel in Las Vegas where Stephen Paddock, 64, fired over 1,100 rounds from his 32nd-floor suite into a crowd of 22,000 people at an outdoor country music festival on Oct. 1, 2017, slaying 58 and wounding 800 others before killing himself. The total settlement amount might rise to $800 million, depending on how many claimants choose to participate, according to the law firm Eglet Adams. Our goal has always been to resolve these matters so our community and the victims and their families can move forward in the healing process. This agreement with the plaintiffs counsel is a major step, and one that we hoped for a long time would be possible, Jim Murren, chairman and chief executive of MGM Resorts said in a statement.feeds.reuters.com
Las Vegas massacre victims families reach $735 million settlement with MGM Resorts: law firm
FILE PHOTO: A sign giving condolences for the victims of the Route 91 music festival mass shooting appears on the MGM Grand sign in Las Vegas, Nevada, U.S., October 2, 2017. REUTERS/Lucy Nicholson(Reuters) - Family and loved ones of the 58 people killed in the deadliest mass shooting in modern U.S. history have reached a settlement of at least $735 million with MGM Resorts, a law firm representing the victims said on Thursday. MGM Resorts owns the Mandalay Bay Hotel in Las Vegas where Stephen Paddock fatally shot 58 people and himself from the 32nd floor on Oct. 1, 2017. Representatives for MGM Resorts did not immediately respond to a request for comment.feeds.reuters.com
Post Malone joins cover band on stage for Sublime cover in Detroit
DETROIT – Collision Six, a Top 40s cover band based in Metro Detroit, was joined by a special guest on Saturday at MGM Grand in Detroit. Malone, who was in town for his Runaway Tour stop at the Little Caesars Arena, stopped by the Axis Lounge to lend his vocals for a cover of Sublime's "Santeria." For a full video of Malone's guest appearance, go to Collision Six's Facebook post. Watch below: