Hollywood Casino at Greektown News - Page 8
Revenue down for Detroit casinos
10 July 2009
News brief: Revenue for Detroit's three casinos dropped by less than 0.5 percent as compared to June of last year.
Greektown Casino sees 7.2% increase in revenue9 June 2009
While the Detroit gaming market decreases more than four percent overall, Greektown saw its revenues increase by 7.2% in May, making it the lone casino in the market to see a year-over-year improvement.
Greektown offering All-American promotions2 June 2009
The Detroit casino is having four major promotions geared to keep jobs and tax dollars in the U.S.
Detroit casino revenue drops 3%21 April 2009
News brief: Revenue at the city's three casinos fell by a little more than 3 percent, with MGM Grand and Greektown falling and MotorCity posting a slight gain.
Greektown Casino names two executives21 April 2009
Randall A. Fine has been confirmed as the casino's CEO and Amanda Totaro has been confirmed as Vice President of Marketing.
Iverson banned at two Detroit casinos14 April 2009
News brief: The NBA superstar has been banned from the MGM and Greektown casinos for "improper behavior."
Greektown Casino introduces $50,000 promotion13 April 2009
Club Greektown members eligible to win their share of $50,000 in cash prizes in the Detroit casino's “$50,000 Table Games Cash Giveaway” promotion.
Greektown Casino increases Detroit market share8 April 2009
The Detroit casino increased its market share for the second consecutive month from 23.5% in February to 25.0% in March.
Greektown fighting a losing battle6 April 2009
News brief: The Detroit casino sees gamblers spend close to $1 million a day but has $777 million in debt and is in bankruptcy.
UNC's Ty Lawson enjoying Detroit casinos3 April 2009
News brief: UNC's star point guard says that he won about $250 playing craps at the Greektown Casino in Detroit.
Detroit says Greektown in default25 March 2009
News brief: A city attorney says that Detroit wants to negotiate a new deal with any new owner of Greektown Casino.
Detroit casinos see profit surge11 March 2009
News brief: The three casinos in the Detroit market saw February revenues increase by more than 9% from January.
Judge allows Detroit casino to borrow needed cash5 February 2009
News brief: A U.S. Bankruptcy judge ruled that Greektown Casino can borrow the money it needs to complete its new 400-room hotel.
Detroit casino says it needs $46 million2 February 2009
News brief: Greektown Casino might halt operations unless it is able to borrow $46 million to stay open and finish a 400-room hotel.
Revenue drops at three Detroit casinos13 January 2009
News brief: December revenue at Greektown, MotorCity Casino and MGM Grand all dropped but yearly revenues were up by 1.84%.
Greektown seeks new owner9 October 2008
News brief: Greektown Casino has hired an investment bank to seek buyers for the casino, which a consultant said is the preferred option for the casino's exit from Chapter 11.
Creditors object to Greektown deal15 August 2008
News Brief: Greektown Casino, which is in bankruptcy reorganization, shouldn't get an exclusive right until June 1 to file a turnaround plan, a group of creditors and a U.S. government representative told a judge.
Greektown on track13 August 2008
News Brief: Greektown Casino is on track to complete construction of its new hotel-casino-resort complex in time to meet deadlines imposed by creditors as part of its agreement to exit bankruptcy.
Greektown reports layoffs1 August 2008
News Brief: Greektown Casino majority owner, the Sault Ste. Marie Tribe of Chippewa Indians, is laying off 2% of its 2,000-member workforce as the tribe struggles with a $15-million deficit.
Greektown construction reaches milestone30 July 2008
News Brief: On Wednesday Greektown Casino will mark the final pour of concrete to its new 30-story, 400-room hotel currently under construction.
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