Gambling News by House of Odds

DETROIT -- A Bloomfield Township gambling executive who helped bankroll the successful statewide ballot initiative that led to Detroit's three casinos will become a new minority investor in Greektown Casino, according to a press release from the casino.

That figure appears in ads backing Props. 94, 95, 96 and 97. But that amount would accumulate over decades, and there's no guarantee it would ever happen. A barrage of television ads says that the gambling expansion compacts on Tuesday's ballot would pump $9 billion into the state's empty coffers and help avert a tax increase.