Friday, October 23, 2020

Tag: Greektown Casino

Jack Entertainment to sell Detroit’s Greektown Casino-Hotel for $1bn

BUSINESS, GREEKTOWN, casino
Penn National and Vici Properties will acquire Greektown Casino-Hotel which is situated in Detroit's historic Central Business District. Jack Entertainment, owned by Quicken Loans chairman and Cleveland Cavaliers owner Dan Gilbert, has reached an agreement to sell Greektown Casino-Hotel in downtown Detroit in a $1bn deal announced on 13 November. Pennsylvania-based gaming conglomerate Penn National Gaming and Vici Properties have teamed...

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