Soo Tribe's commercial casino sees drop in revenues

Tuesday, April 21, 2009  

Revenues at the commercial casino owned by the Sault Ste. Marie Tribe of Chippewa Indians fell 7 percent last month.

The Greektown Casino Hotel in Detroit, Michigan, didn't appear to benefit from the NCAA Final Four weekend. The facility was the closest to the games but saw a drop in business during the tournament.

But the other two commercial casinos saw a spike in revenue over the same weekend. However, all three facilities saw a 3 percent drop in March 2009, when compared to March 2008.

Greektown is currently reorganizing in bankruptcy court. The tribe is a majority owner.

Get the Story:
Casinos revenue dips 3% (The Detroit News 4/21)
Greektown Casino didn’t cash in on influx of Final Four fans (Crains Detroit 4/20)