Thursday, December 13, 2007

Chairman of Greektown Casino Board Resigns; Faces Trial For Misdemeanor Assault

The Free Press reports today that Fred Paquin, chair of the Greektown Casino Board of Directors has resigned under pressure from the Michigan Gaming Control Board, and faces a trial for misdemeanor assault in February in Chippewa County.

The assault charge arises out of a dispute he had with a 34 year old woman who was a secretary in the Tribe's Prosecutor's Office. Paquin, 50, also the Chief of Police for the Tribe (and now suspended with pay), alleges that he was having an affair with the married woman, and they had a dispute over money she wanted. The woman denies a relationship, and claims Paquin assaulted her, including shoving his hand down her shirt.

Yet another interesting twist in the management of Greektown Casino. Of course, that is a post for another day.

Wednesday, December 12, 2007

New Tool To Track Detroit Casinos' Monthly Gaming Revenues

I have prepared a table to track the monthly gaming revenues at the three Detroit casinos, which will be updated as more information becomes available. All revenues are in millions:


11/06
11/07
10/07
11/07
MGM Grand Detroit
40.8

47.0

54.9

46.8
MotorCity
39.8

37.7
38.3
Greektown
27.7

25.6
28.1



Women Trapped In MGM Grand Elevator, Score Jackpot

Four women who intended to enjoy a night at the MGM Grand Casino, and then attend a performance of the Lion King in Detroit, were instead trapped in an elevator at the casino.

In a move that should be noted by public relations departments at other casinos (and businesses), the casino immediately made matters right by offering a night's free accommodations, dinner, and tickets to another Lion King performance for the ladies AND THEIR HUSBANDS.

Nice move. Much cheaper than bad publicity.

Detroit Free Press Reports On Vacancy Issues At MGM Grand

The Detroit Free Press published a story today which reports the vacancy issues plaguing MGM Grand Detroit in its first months open. Of course, Michigan Casino Blog first reported about the vacancy issues involving both MGM Grand Detroit and MotorCity Casino hotel on October 29, 2007, with follow up reports on November 21, November 28 (including a second post), and December 11, 2007.

As we noted on October 29, 2007, the opening of the three casinos alone will add 438,000 room nights to Detroit's hotel inventory, a vast increase that makes these vacancy issues inevitable until demand increases to match the vast new supply.

Tuesday, December 11, 2007

Saganing Eagle's Landing Has Website Operational



It's a bit bare bones, but the new Saganing Eagle's Landing Casino near Standish, Michigan now has its website up and running. The only nuggets to be gleaned from the website are an artist's depiction of the completed casino, and the casino's address: 2690 Worth Road. Site plans and elevations from the Tribe's website are shown at left. In addition, the connection to Soaring Eagle Casino and the Saginaw Chippewa Tribe is clear, with the eagle's wing logo shared by both casinos.



Here is an updated location map, based upon the address:


View Larger Map

MGM Grand Detroit Having Occupancy Issues?

This little tidbit from a report of the November meeting of the Michigan Gaming Control Board:

"Also, using some language that might be interpreted as inexact, MGM Detroit indicated hotel bookings in the first two months of operation did not meet expectations."

Perhaps MotorCity Casino is not the only casino hotel with occupancy concerns among the new permanent casino hotels.

November Detroit Revenues: MGM Falls Back To Earth; Parking Helps Greektown; MotorCity Treads Water

The November revenue report is now out for the three Detroit casinos.

MGM Grand Detroit fell back to earth a bit from its gargantuan October numbers. MGM's November revenue was $46.8 million, down from $54.9 million in October, but still up $6 million from November 2006.

Greektown's new parking structure was only open for half of the month, but it still led to an approximately 10% increase in monthly revenues, to $28.1 million from $25.6 million in October.

MotorCity, which opened its hotel at the tail end of November, essentially stayed static, with its revenues at $38.3 million, compared to $37.7 million in October.