Hollywood Casino at Greektown News - Page 9

News brief: UNC's star point guard says that he won about $250 playing craps at the Greektown Casino in Detroit.

News brief: A city attorney says that Detroit wants to negotiate a new deal with any new owner of Greektown Casino.

News brief: The three casinos in the Detroit market saw February revenues increase by more than 9% from January.

News brief: A U.S. Bankruptcy judge ruled that Greektown Casino can borrow the money it needs to complete its new 400-room hotel.

News brief: Greektown Casino might halt operations unless it is able to borrow $46 million to stay open and finish a 400-room hotel.

News brief: December revenue at Greektown, MotorCity Casino and MGM Grand all dropped but yearly revenues were up by 1.84%.

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.

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.

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.

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.

News Brief: On Wednesday Greektown Casino will mark the final pour of concrete to its new 30-story, 400-room hotel currently under construction.

News Brief: Michigan gaming regulators today allowed Greektown Casino to continue executing a business reorganization plan aimed at improving the financial health of the casino during Chapter 11 bankruptcy protection.

News Brief: Greektown Casino is expected to lose $15.9 million this year as its bottom line absorbs $13.5 million in bankruptcy restructuring costs and $51 million in loan interest payments, according to the casino's financial adviser.

News Brief: Michigan Gaming Control Board members today will get their chance to weigh in on $51.3 million in emergency financing for Greektown Casino that won approval of a U.S. bankruptcy judge.

News Brief: Chairman Aaron Payment of the Sault Tribe of Chippewa Indians provided reaction to the news Friday that Greektown Casino has filed for Chapter 11 bankruptcy.

News Brief: Greektown Casino has asked a federal court for approval to reorganize its finances and continue business operations under the protection of Chapter 11 of the U.S. Bankruptcy Code, the Sault Ste. Marie Tribe of Chippewa Indians announced today.

News Brief: Greektown Casino was told it has until June 10 to come up with a convincing argument why the Michigan Gaming Control Board should not force casino owners to sell the gaming hall.

News Brief: A racetrack owner and bank founder and four local real estate investors have teamed up to buy a 40% stake in the cash-strapped Greektown Casino.

News Brief: The owners of Greektown Casino LLC could be forced to sell unless state regulators today approve a request for leniency in meeting financing requirements.

Tom Celani will acquire a significant equity position in Greektown Casino, the Sault Ste. Marie Tribe of Chippewa Indians announced today.