DETROIT - Michigan's Gaming Control Board voted Tuesday not to force a sale of Greektown and to allow the casino to continue its bankruptcy plan.
Greektown filed for Chapter 11 bankruptcy protection last month to allow more time for reorganizing finances and improving operations. At the same time its $500-million expansion project is proceeding towards completion in early 2009. The expansion includes a 400-room hotel.
A spokesman said Greektown has been given time to reorganize and improve or face the potential of a forced sale of the property.
Return to Michigan Casinos.
Most USA Players
CASINO • LIVE DEALER • POKER • SPORTSBOOK • RACEBOOK
Disclaimer: All images are copyright to their respective owners and are used by 500 Nations for informational purposes only.
500 Nations is an independent directory and information service free of any gaming operator's control and not affiliated with any casino.
Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.