This is the second Trump casino to go belly-up. the various tribal casinos have really eaten into AC's viability.

Detroit's casinos aren't losing money - I think even Greektown is improving in that area. I suspect that as the new Cobo continues to see their bookings increase, all three will see improvement. The Hollywood Casino in Toledo probably hurts a bit by pulling Downriver & NW Ohio customers, and some outstate tribal casinos also hurt.

Vegas bigwigs are still positive on Detroit's casinos - MGM is still investing [[Detroit is still one of their most profitable operations), Caesar's is Gilbert's partner and supposedly Wynn has made inquiries to Motor City. They see the downturns as expected due to the economic issues and increased competition