Detroit casinos feeling the pinch

April 9th, 2008
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Revenues in two of Detroit’s three casinos are down when compared with the same time period last year, according to a report Tuesday to the Michigan Gaming Control Board.

MGM Grand Detroit posted increased revenues from March 2007 vs. March 2008, but both MotorCity and Greektown casinos saw revenues drop more than three percent.

According to a story by The Detroit News:

Eugene Christensen, CEO of gaming-analysis firm Christensen Capital Advisors in New York, said the paltry overall gain and downturns at MotorCity and Greektown were expected given Michigan’s high jobless and foreclosure rates and consumers’ worries about their financial futures.

“What you’re seeing in Michigan is in line with other markets across the country,” Christensen said. “Given the state of the economy, they’re surviving pretty well.”

Whole thing here.

MGM Grand Detroit began layoffs last week that are expected to impact 100 workers.


Article Credit: Dustin

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Daily Poker Quiz

Archive pick: Value betting the river, no limit hold em cash -

Game type: 1/2 No Limit Cash Game
Your image: Fairly Aggressive
Opponent's image: Solid, a little tricky
Your hand: As Qh

This hand is from the archives and originally appeared on 8/21/07. View the original quiz and comments here

The setup: You're fairly new to this table and you picked up a pot quick when you flopped a set and won a decent multi-way pot. You've been fairly active since, seeing a lot of flops cheap and playing for the win on the flop or turn in a couple of spots.

This hand you're dealt AQo UTG and you decide to limp. The button limps and both blinds play. You flop top pair:

Qd 7h 6d

The SB leads out for $6. The BB folds. You make it $24 and the button folds. The SB calls. The turn gives you two pair with the Ac. The SB checks and you pop $40 into $54. The SB flat calls.

The turn comes the 10c. The SB checks again. There's $134 in the middle. Do you value bet here and if so, for how much?


Vote and comment at DailyHandQuiz.com