MGM GRAND DETROIT LOSING GRIP ON REVENUES

July 14, 2001 6:52 PM
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MGM Grand Detroit reported revenue of $29.95 million in June, down 4.7% from last June’s $31.42 million.

Motorcity reported June revenues of $28.14 million in June, up 2.7% from last June, while Greektown posted June revenues of $21.98 million.

While MGM Grand has higher revenues and profit margins than its two Detroit rivals, it hasn’t had a daily average of $1 million in revenue for six of the past eight months.