How much does it cost to play Shadow Creek Golf Course? - Golf News Net

How much does it cost to play Shadow Creek Golf Course? - Golf News Net


How much does it cost to play Shadow Creek Golf Course? - Golf News Net

Posted: 18 Oct 2020 11:10 AM PDT

You've been watching the CJ Cup at Shadow Creek -- and you're wondering how much it costs to play Shadow Creek Golf Course in Las Vegas.

The answer? Such an incredible experience, as you'd imagine, is not cheap.

If you want to play Shadow Creek, you have to stay at an MGM Resorts-owned property in Las Vegas. That means a lot of Vegas resorts are eligible, including MGM Grand, Bellagio, New York New York, Aria, Mirage and Park MGM are among the options.

With a variety of hotels under the MGM International umbrella, you can gain access to Shadow Creek with a relatively low nightly rate at a hotel.

Then you can play Shadow Creek for just $600 per player, which is the approximately green fee. You're taken to Shadow Creek in a private limousine that picks you up and takes you to the property. From there, you get a personal concierge who will help you have the experience of a lifetime. That's all included in the rate, though you'll pay for your caddie separate from your green fee.

If money is no object or you want to guarantee yourself a spot at Shadow Creek, plunk down the money and just do it. It's an experience you'll never forget.

Detroit Casinos’ September Revenues Drop, Paying Less Tax - GamblingNews.com

Posted: 18 Oct 2020 10:34 AM PDT

The Michigan Gaming Control Board (MGCB) released Wednesday the September revenue figures for the commercial casinos in Detroit, reporting a year-over-year drop in slot and table game verticals.

MGM Grand Detroit, MotorCity Casino Hotel, and Greektown Casino-Hotel generated $87.9 million in gambling revenues, plus another $4.4 million in adjusted receipts from sports betting. The reported gambling revenues for the first full month of operation for the three casinos since their reopening are 58% down compared to the same period in 2019, slot and table games alone dipping 21% year-on-year.

Nearly 5 Months of Hiatus

The commercial gaming establishments in Detroit were ordered to shut down operations March 16, to comply with state efforts to curb the further spread of the coronavirus, and they were not allowed to reopen until August. With capacity restricted at 15% and bans on poker, self-serve buffets and smoking inside the premises, GreekTown and MotorCity casinos reopened August 5, and MGM Grand followed suit two days later.

During the period of casino closures all three Detroit casinos furloughed workers, seeking to trim costs and ensure business sustainability. After the reopening, business was slow causing some of the furloughed employees at MGM Grand to be permanently laid off. By the end of August MGM Resorts announced it would downsize the workforce at its Detroit gaming property with 1,100 people, as part of its nationwide plan to release permanently 18,000 workers.

Fall in Revenues Generated Less Tax

MGM Grand posted $36.1 million in revenue, closely followed by the gaming property owned by the Ilitch family, MotorCity, with $32.2 million, and the casino leased by Penn National Gaming from VICI Properties which acquired it for $700 million in 2019, Greektown, came in third with $19.6 million. Reported revenue figures allocated a September market share of 41%, 37% and 22% for the three gaming establishments, respectively.

The commercial casinos paid $7.3 million in state taxes, also down year-on-year, as the September 2019 tax was $9.1 million. Total payment to the state also included $10.7 million in wagering taxes, sports betting taxes and development agreement payments to the city of Detroit. Non-gaming revenues such as food and beverage are not included in the reported figures by the MGCB.

Due to the decline in the tax payments from the commercial casinos, both the state's and the city of Detroit's financial revenue projections from gaming failed, opening up a gaping hole in the budget. Before the virus infection disrupted the gaming and hospitality industry, as well as many others, casinos were Detroit's third largest source of revenue, contributing 16% of the city's general fund.

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