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Ohio's New Casinos Could Cost Cash-strapped Detroit $30 Million A Year, Analysis Predicts

Free Press  |  Posted: 05/13/2012 10:15 am Updated: 05/13/2012 10:15 am

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Free Press:

By John Gallagher and Matt Helms

When casinos open starting this month in four cities in Ohio, Detroit may come up a big loser.

The already cash-strapped city could see a decline of up to $30 million a year in its casino tax revenues by 2015 as Ohio's casinos cannibalize the regional gaming market, a new analysis predicts.

Read the whole story at Free Press

FOLLOW DETROIT

By John Gallagher and Matt Helms When casinos open starting this month in four cities in Ohio, Detroit may come up a big loser. The already cash-strapped city could see a decline of up to $30 mi...
By John Gallagher and Matt Helms When casinos open starting this month in four cities in Ohio, Detroit may come up a big loser. The already cash-strapped city could see a decline of up to $30 mi...
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