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Hollywood Casino at Greektown News - Page 11

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Greektown Plans Hotel

News Brief: Greektown Casino plans to build its 20-story, 400-room hotel atop the 13-story parking garage proposed to replace the city’s Foster-Winter garage on Monroe Street.

Michigan Board Approves Greektown Financing

The Michigan Gaming Control Board has approved a $200-million financing package for the development of Greektown Casino's permanent hotel-casino resort.

Greektown Opens New Garage

In celebration of its fifth anniversary, Greektown Casino is opening a new 630-space valet parking garage, improving valet parking service at Detroit's "Best Casino."

Greektown Plans Not Good News for Some

News Brief: Greektown Casino's proposal to stay in its temporary location doesn't sit well with Darlene Williamson or hundreds of other low-income residents of Parkwycke Towers Apartments, which will be bulldozed early next year to make way for a 3,500-space parking garage.

Barden Not Happy with 1% Stake

News Brief: Don H. Barden finally owns a piece of Detroit's $1.18-billion casino market, eight years after being rebuffed in his bid for one of three original casino licenses. But he is not happy with having a 1% stake in the Greektown Casino and wants to buy out the majority owner.

Greektown to Stay Put

News Brief: Greektown Casino has abandoned plans to build a permanent casino at Gratiot and I-375 and instead will stay in the bustling Greektown district, where it also plans a 400-room hotel and parking structure.

Detroit Casinos Reports Mixed Results

News Brief: MGM Grand Detroit Casino L.L.C. and Greektown Casino L.L.C. reported revenue increases for July, while MotorCity Casino L.L.C. revenue was 4 percent behind 2004 for July and nearly 1 percent off the year to date.

Greektown Cuts Budget

News Brief: Greektown Casino will ask state gaming regulators to approve a $635-million financing package next month that would include $200 million for a permanent casino, about half of what it said last year it would spend to build a glittering gambling complex near Ford Field.

Detroit Casinos Rake in Deserted Jackpots

News Brief: Two Detroit casinos have pocketed about $650,000 since 2003 in winnings that forgetful gamblers neglected to claim before they expired.

February Revenue at Detroit Casinos Drops

Two of the city's three casinos saw revenue fall last month, but the local industry still brought in slightly more cash than last year, thanks to a good month at MGM Grand Detroit.

Detroit Casinos Revenues Up

News Brief: Detroit's three casinos raked in more than $1.18 billion in 2004, a 5.2-percent increase, with both MGM Grand Detroit and MotorCity increasing revenues while Greektown lost some ground.

Bouschor Replaced as Greektown CEO

News Brief: Chairman Aaron Payment of the Sault Ste. Marie Tribe of Chippewa Indians and Marvin Beatty of the Greektown Casino Management Board have been named acting Chief Executive Officers of Greektown Casino.

Casino-Goers Leave Cash, More Behind

News Brief: Sure, gamblers leave behind plenty of cash wagering in Detroit's three casinos, but dentures, wheelchairs and shoes?

Greektown to Layoff 100 Workers

News Brief: Greektown Casino announced Wednesday that it would lay off more than 100 workers in response to the Legislature's vote to raise the casino's tax by one-third.

MGM Grand Detroit Warn Rivals

News Brief: Executives of the MGM Grand Detroit Casino have warned the majority owners of Greektown Casino that they will sue if plans to develop a $350 million casino in Romulus are not dropped.

Detroit Casino Revenues Exceed $100 Million

ews Brief: Detroit casinos collected more than $101 million in revenue for February, with the $3.5 million average daily revenue their best ever.

Rio Enters Marketing Alliance with Greektown Casino

The Rio All-Suite Hotel & Casino in Las Vegas has entered into an alliance with Greektown Casino to develop a casino marketing program for Greektown players seeking to travel to Las Vegas as an alternative gaming destination.

Greektown Casino Replaces Key Executive

News Brief: Long-time gaming manager Craig Ghelfi is the new chief operating officer at Detroit’s Greektown Casino, which reported a $2.3-million drop in revenues last year on gaming receipts of $325.3 million.

Computer Glitches Delays Greektown Payouts

News Brief: Irate Greektown jackpot winners had to wait for up to three hours to be paid die to malfunctioning slots.

Detroit Casinos Oppose Track Slots

The Greektown, MGM Grand and MotorCity casinos are considering petitioning for a November 2004 vote on plans to allow slot machines at horse tracks.

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