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MGM Grand in Detroit sees March revenues rise

DETROIT -- As reported by the Detroit Free Press: "Revenue for all 3 Detroit casinos for the month of March was up .02% compared with the same month last year. MGM Grand Detroit reported $50.2 million in revenues in March, compared with $47.4 million last March, up by 5.94%.

"MotorCity Casino reported revenues of $41.3 million, compared with $42.8 million last March, down by 3.7%. Greektown reported revenues of $32.2 million, compared with $33.4 million last year, down 3.58%.

"For the month of March 2008, gaming taxes for the three Detroit casinos were $11.81 million, compared with $14.97 million for the same period last year.

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