Detroit, Michigan Watch As Ohio OKs Toledo Casino
DAVID N. GOODMAN
DETROIT (AP) Ohio voters have given their blessing to the opening of casinos in Toledo and three other cities, and that has Michigan officials and gambling interests paying close attention. They're asking if Detroit's lucrative $1.3 billion annual casino cash cow is at risk. Detroit's casinos draw on thousands of Ohio visitors, and parts of Michigan are closer to Toledo than Detroit. Detroit and Michigan draw get hundreds of millions of dollars from casino taxes, and any loss of customers could hurt their already depressed revenues. The Detroit Metro Convention & Visitors Bureau says the area's hotels, sports and entertainment attractions will continue making Detroit a big gambling draw.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,318.16 | 1,091.38 | 2,146.04 | 33.56 |
Oil *
77.53
|
|
DOWN
14.28
|
DOWN
3.52
|
DOWN
10.78
|
UP
0.07
|
10 Yr
3.36%
SPDR Gold
112.94
|
|
-0.14%
|
-0.32%
|
-0.50%
|
+0.21%
|
Data delayed 20 minutes |
