Detroit News - Page 11
Greektown's bankruptcy exit faces dilemma
9 June 2010
Dilemma over regulating Greektown's new owners, some of whom are hedge funds.
Elderly man dies after being robbed of winning ticket at casino31 May 2010
A senior, who was robbed of his winning ticket at a casino, later died in hospital.
Isle of Capri exiting Greektown3 February 2010
Isle of Capri Casinos is exiting a contract to operate the Greektown Casino in Detroit after a deal was reached for the property to emerge from bankruptcy.
Isle of Capri to take over Greektown in Detroit6 January 2010
The St. Louis-based regional casino operator will take over management of the bankrupt Greektown Casino in Detroit.
Greektown Casino giving away $330,000 in December20 November 2009
The Detroit casino's December promotions include $50,000 weekly cash giveaways, a slot tournament race for $75,000 and instant cash winners.
Detroit casinos see revenue increase11 November 2009
Detroit casino revenues fell almost 1% compared to October 2008, but were up more than 6% compared to September.
Greektown to open new poker room30 October 2009
The new poker room will open on November 23 and features 13 tables, as well as a bar and lounge area.
Group drops bid for Detroit casino20 October 2009
News brief: Bloomfield Hills businessman Tom Celani said Monday that the team he was leading has withdrawn its offer to purchase Greektown Casino.
Greektown matches MGM Detroit offers7 October 2009
The Michigan casino is matching all of rival MGM Detroit's slot and table game offers up to $1,000.
Issues still left in Greektown bankruptcy22 September 2009
News brief: The Detroit casino's creditors and bondholders have questioned how Greektown's worth of $540 million was calculated.
Man wants Detroit casino to return his losses21 September 2009
News brief: A man is suing MotorCity Casino to recover over $670,000 of losses he incurred over ten years.
Detroit casino revenues see first ever drop14 September 2009
News brief: Detroit's three casinos are likely to see a drop in combined annual gaming revenue for the first time in its 10 year history.
Detroit MGM and Beau Rivage not for sale11 September 2009
MGM Mirage says it has resolved its immediate financial problems and that MGM Grand Detroit and the Beau Rivage in Biloxi, Miss are not for sale.
Greektown Casino announces record profits11 August 2009
The Detroit casino posted record monthly profits and revenue for the third month in a row.
Businessman to bid $450M for Greektown Casino31 July 2009
News brief: Tom Celini, a one-time part owner of MotorCity Casino said his lawyers would file the purchase plan with the bankruptcy court today.
Revenue down for Detroit casinos10 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.
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