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Sunday, August 13, 2006

Greektown Receives Final Approval

As reported by the Detroit News: "Greektown Casino received final approval Tuesday for its permanent $200 million casino/hotel/entertainment complex. "The Michigan Gaming Control Board unanimously approved Greektown's plans, and casino officials hope to have the complex open by September 2008, about six months after the opening of permanent facilities for MGM Grand Detroit Casino and the MotorCity Casino."Each casino will feature 400-room hotels, 100,000-square-feet of gaming space, restaurants, entertainment facilities, meeting rooms and parking decks. "Greektown originally planned to spend $450 million to build an all-new facility. But casino officials changed their minds last November and decided to expand the temporary casino in the heart of the Greektown business district -- a move that will save $250 million…"

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