Michigan Casino Future Shaky As reported by the Battle Creek Enquirer: "An increase in casinos and a decrease in revenue, as well as the questionable use of tax-exempt bonds to build hotels and golf courses, appears to have shaken up the future of the casino business.
"The national changes haven't yet reached the local level, though, and a spokeswoman for the Nottawaseppi Huron Band of Potawatomi said she doesn't anticipate any changes in the tribe's plans for the FireKeepers Casino in Emmett Township. "Nationwide, Indian gambling revenues grew to about $19 billion in 2004, up 12 percent from 2003, but the growth rate has slowed, according to a report by Analysis Group, a Los Angeles consulting firm, and several states have been affected, including Michigan. "Casino development experts said the recent decline in revenues is due, in part, to a casino expansion boom that has thinned the customer base for planned casinos in an environment of fierce competition, dooming some operations to failures. "The casino crunch doesn't appear to be slowing plans for a local gaming establishment…"
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