On Air Now

Current Show

Coast to Coast AM   12:00 AM - 6:00 AM

Call Coast to Coast now at 1-800-825-5033

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
38° Feels Like: 33°
Wind: ESE 6 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Clear 34°

Tomorrow

Mostly Sunny 63°

Sun Night

Partly Cloudy 38°

Alerts

Detroit casinos make less money in 2012

by
casino (Reuters)
casino (Reuters)

LANSING (WKZO) -- For just the second time since they opened, Detroit's three casinos have collectively lost money year-over-year.

In 2012, the state says only MGM Grand had a revenue gain, posting an increase of one-percent compared to 2011.  State gambling officials say the opening of a new casino in May just to the south in Toledo affected the revenues of the MGM, Greektown and MotorCity casinos.

Overall, the gambling establishments posted a loss of revenue of a 0.5-percent.

Comments