Detroit Casinos and Detroit Gambling - Michigan

Creditors object to Greektown deal

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. read more

Greektown on track

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. read more

Greektown reports layoffs

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. read more

Greektown construction reaches milestone

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

Casino workers can't beat system

News Brief: Some employees of Detroit's three casinos think they can beat the system that's in place to protect their workplace against cheats and thieves. read more

Michigan board won't force Greektown sale

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. read more

Greektown expected to lose $15.9 million

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. read more

Greektown emergency financing approved

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. read more

MotorCity selects KoolConnect system

KoolConnect Technologies Inc. reports that its world-renowned Intrigue System is currently in operation at MotorCity Casino Hotel in Detroit. read more

Tribal chairman responds to Greektown bankruptcy

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. read more