Nov. 10, 2000: Greektown Casino opens its temporary casino, the last of three to start up in Detroit. Its revenues have consistently fallen behind those of MGM Grand Detroit and MotorCity.
June 26, 2002: It announces plans for a $450-million permanent casino-hotel complex at I-375 and Gratiot Avenue, with a 1,500-seat theater, at least four restaurants and a 400-room hotel.
Sept. 12, 2005: Greektown scales back expansion, abandoning plans to build a permanent casino at Gratiot and I-375. It says it will stay in its temporary location, where it also plans a 400-room hotel and a parking structure.
June 2006: Work starts on parking structure and hotel.
Oct. 2, 2007: MGM Grand Detroit becomes the first of the three to open a permanent casino. MotorCity later is the next.
Dec. 31, 2007: Greektown fails to meet state-mandated revenue projections.
May 6: In response to Greektown's need for money, Entertainment Interests Group LLC says it will buy a stake in the Detroit casino for $100 million.
May 30: Greektown files for bankruptcy protection.
Friday, June 06, 2008
Key events in the history of Detroit's Greektown Casino
as published 5.31.08 in the Detroit Free Press:
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