Oh no! Say it ain't so... Detroit ain't gonna make without Casino money?

[Jimaz]

This ain't good at all.

“Casino revenue is the single most stable source of revenue available to the city,” Orr testified Wednesday in a hearing before U.S. bankruptcy Judge Steven Rhodes.

“Without it,” he added, “the city couldn’t operate.”
...
The market is maturing and saturated. Then the latecomers want what's left of the pie.

Gambling produces nothing substantial, it's just another redistributing scheme.

Agreed. I suppose that technically qualifies Detroit itself as a "professional gambler."

That quote came from yesterday's Brian Dickerson: Detroit has gone from being the Motor City to being the Casino City. Today's Lower casino revenues could mean dwindling jackpot for Detroit shows a graphic indicating how the revenue has been leveling off.

It raises the question of where Detroit would be today if the casinos were never allowed in the first place. [[I was against them in Detroit although I've played at all three.)

[Chicago48]

Agreed. I suppose that technically qualifies Detroit itself as a "professional gambler."

That quote came from yesterday's Brian Dickerson: Detroit has gone from being the Motor City to being the Casino City. Today's Lower casino revenues could mean dwindling jackpot for Detroit shows a graphic indicating how the revenue has been leveling off.

It raises the question of where Detroit would be today if the casinos were never allowed in the first place. [[I was against them in Detroit although I've played at all three.)

Detroit will probably do like NJ and enter sports betting and online betting.