Detroit News - Page 12

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Group drops bid for Detroit casino

20 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News brief: Bloomfield Hills businessman Tom Celani said Monday that the team he was leading has withdrawn its offer to purchase Greektown Casino.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 offers

7 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 bankruptcy

22 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 losses

21 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 drop

14 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 sale

11 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 profits

11 August 2009

The Detroit casino posted record monthly profits and revenue for the third month in a row.

Businessman to bid $450M for Greektown Casino

31 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 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 revenue

9 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 promotions

2 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 executives

21 April 2009

Randall A. Fine has been confirmed as the casino's CEO and Amanda Totaro has been confirmed as Vice President of Marketing.

Man arrested in Detroit casino bomb scare

20 April 2009

News brief: A 70-year-old man was arrested after police say he left seven suspicious packages in the Motor City Casino garage Sunday.

Iverson banned at two Detroit casinos

14 April 2009

News brief: The NBA superstar has been banned from the MGM and Greektown casinos for "improper behavior."

Greektown Casino introduces $50,000 promotion

13 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 share

8 April 2009

The Detroit casino increased its market share for the second consecutive month from 23.5% in February to 25.0% in March.

MGM Mirage to sell Biloxi, Detroit resorts

7 April 2009

The casino operator has hired Morgan Stanley to evaluate sales offers for the MGM Grand Detroit and the Beau Rivage.

Greektown fighting a losing battle

6 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 casinos

3 April 2009

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

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