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Greektown Casino - Wikipedia, the free encyclopedia

Greektown Casino

From Wikipedia, the free encyclopedia

Greektown Casino


Facts and statistics
Address 555 East Lafayette
Detroit, Michigan
Flag of the United States United States
Opening date November 10, 2000
Casino type Land-Based
Theme Postmodern
Owner The Sault Ste. Marie Tribe of Chippewa Indians
No. of rooms 400
Total gaming space 100,000 ft²
Permanent shows TBA
1,200 - 1,500 seat theatre
Notable restaurants The Alley Grill Stakehouse, Apollo Lounge, Grapvine Café, Olive Room, Rapture
Years renovated 2008
Website Greektown Casino

Greektown Casino Resort (2009) is one of three commercial casinos located in Detroit, Michigan. It is majority owned by the Sault Tribe of Chippewa Indians. The casino, which opened its doors on November 11, 2000, is operated by Millennium Management Group.

Contents

[edit] History and development

Greektown Casino has abandoned plans to build a 26-story hotel tower at Gratiot and I-375. Instead, it will stay in the Greektown district. Site preparation for the new hotel which included demolition of a city-owned parking garage started in June of 2006. Construction began in October 2006 with a completion date of 2008. The new design (after two redesigns) will include:

  • a new 13-story, 3,500-space parking garage at Monroe and St. Antoine
  • a 30-story, 400-room hotel attached to the parking garage
  • 25,000 square feet (2,300 m²) of convention space
  • spa
  • 1,200-1,500-seat theater
  • 25,000 square feet (2,300 m²) of additional gaming space built over Lafayette to bring total gaming space to 100,000 square feet (9,300 m²) .

On the 31st of May 2008, the Casino owners, Sault Ste. Marie Tribe of Chippewa Indians, filed for Chapter 11 Bankruptcy protection.[1] The move will allow the Casino to reorganize their debt and proceeed with present expansion, according to the Casino owners. The move doesn't effect current casino operations, the temporary casino will continue to operate and the permanent hotel and casino will be built during the period of bankruptcy protection which is a legal measure that allows a company to refinance debt without threat of foreclosure to lenders.


[edit] See also

[edit] References

  1. ^ Detroit News. (online) "Greektown Casino files for bankruptcy" 31 May 2008.

[edit] External links


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