1. Gambling Revenues Fall in 2013 at Detroit's 3 Casinos Jamal Hamade Monday, January 27, 2014 Economics 5520 State and Local Public Finance By: JC Reindl Detroit Free Press Business Writer; LinkLink Monday, January 27, 20141Economics 5520

2. Total Revenue Fell Total Revenues From Gambling at MGM Grand Detroit, MotorCity Casino Hotel, and Greektown Casino-Hotel fell 4.7% to $1.35 billion, According to Figures Released by the Michigan Gaming Control BoardFigures Each Casino Earned, Roughly, $1.23 Million a Day Monday, January 27, 20142Economics 5520

3. Less Revenue For City of Detroit Monday, January 27, 20143 20122013 With Less Money Coming Into Detroit How Will The City Adequately Finance Their Already Crippled Services? Budget Line Such As… Police, Fire, Public Transportation, & etc… Economics 5520

4. What/Who is To Blame Four New Casinos in Ohio; Particularly Hollywood Casino Toledo According to the Article Toledo Stole Northwest Ohio Traffic That Normally Flows to Detroit Could it be the Feds? January 2013 Expiration of the Social Security Payroll Tax Cut A $1,000 value to workers making $50,000 a year Monday, January 27, 20144Economics 5520

5. Does Detroit Have a Bleak Future? The Detroit Market May Have Shrunk Permanently Downtown Lansing Has a Tribal Casino Being Proposed Detroit is Facing Competition from Windsor In Addition, Other Tribal Properties Throughout Michigan If the Pie is Not Growing and New Supply Continues to Be Added, it Means That the Size of Everyone’s Slice is Going to Continue to Decline – Alex Calderone a metro Detroit native and senior vice president at Las Vegas-based gaming consultant the Fine Point Group Monday, January 27, 20145Economics 5520

6. Financial Blood For Detroit Detroit Used the Casino’s Tax Revenue as Collateral: Bank of America Merrill Lynch UBS This is How Detroit Avoided Default in 2009 When Its Credit Got Downgraded To JUNK Normative Analysis –There Are Two Possible Solutions To Providing Additional Revenues For City Services Monday, January 27, 20146Economics 5520

7. Casino Revenue and Tax Payment Monday, January 27, 20147 Greektown Casino gambling revenues falling 6.7% to $328 million MGM Grand dropped 6.2% to $566 million. MotorCity Casino year-over-year decline at 1.1% to $454 million Economics 5520

8. Kevin Orr’s Role Emergency Manager of Detroit An Unelected City Leader with More Power Than Mayor U.S. Bankruptcy Judge Steven Rhodes Rejected the City’s Proposed $165-Million Settlement with the Two Banks, Saying the Deal Was Too Generous to the Bankers Monday, January 27, 20148Economics 5520