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Greektown Casino files for bankruptcy - Read More

Date Added: May 31, 2008 10:28:01 AM
Greektown Casino has filed for bankruptcy reorganization, a move that effectively blocks the Michigan Gaming Control Board from forcing a sale of the gambling hall. It also allows the casino to continue operations while it refinances millions of dollars of loans needed to finish the casino expansion and construction of a full-service 400-room hotel.

Category: Business & Economy » Finance and Investment » Loans


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