Who Owns Greektown Casino in Detroit

‘Time is money,’ and Dan Gilbert can certainly attest to that. He is the owner of Greektown Casino in Detroit, a popular destination for locals and travelers alike.

With a variety of amenities, this casino brings in an impressive annual revenue.

In this article, we will explore who owns Greektown Casino and what makes it such a popular destination.

Key Takeaways

  • Greektown Casino has had multiple changes in ownership, starting with a group of investors, then a group of investors from Greece, followed by Rock Gaming LLC, and finally MGM Growth Properties LLC.
  • These ownership changes have had a significant financial impact on Detroit, as the casino is the largest in Michigan and generates tax revenue for the city.
  • Greektown Casino offers a variety of amenities including gaming tables, restaurants, and hotels, providing a thrilling gaming experience for visitors.
  • The casino contributes to the economic development of Detroit by creating thousands of jobs, generating tax revenue, and supporting local charities and organizations.

Current Owner: Dan Gilbert

You may be familiar with Greektown Casino in Detroit, Michigan, but do you know who owns it? Currently, the casino is owned by Dan Gilbert, but its ownership has changed hands numerous times.

Let’s take a look at the historical ownership timeline of the casino to learn more about its origins and who owned it prior to Dan Gilbert.

Historical Ownership Timeline

You’ve heard about Greektown Casino in Detroit, but do you know its ownership story? Greektown Casino in Detroit has had various owners over the years, with its ownership timeline spanning decades. Here’s a quick rundown:

  1. Greektown Casino first opened in Michigan in 2000, owned by a group of investors.

  2. In 2004, a group of investors from Greece purchased the casino.

  3. In 2009, Greektown Casino was purchased by Rock Gaming LLC, owned by Dan Gilbert, and underwent substantial renovations.

  4. In 2018, Rock Gaming merged with MGM Growth Properties LLC, and the newly-formed company, MGM Growth Properties, became the new owner of Greektown Casino.

The historical impact of these changes has been significant, with financial implications for the city of Detroit. Greektown Casino is now a significant tourist destination, with its ownership turning the casino into an iconic part of the city’s landscape.

Amenities of Casino

Greektown Casino in Detroit, owned by Dan Gilbert, has a variety of amenities to offer its customers.

You can try your luck at the numerous gaming tables, dine in one of the delicious restaurants, or stay in one of the comfortable hotels.

With so many options, it’s no wonder why this casino has become one of the most popular in Detroit.

Gaming Tables

At Greektown Casino in Detroit, gaming tables offer a wide variety of entertainment options. From VIP gaming to low stakes tables, you can find something for everyone. Here’s what you can expect from the gaming options:

  1. Responsible gambling: Greektown Casino is committed to providing a safe and secure environment for all guests. They offer responsible gaming classes, and have staff available to ensure that everyone is playing responsibly.

  2. Variety: There’s a wide range of gaming tables, from blackjack and poker to baccarat and roulette. You can even try your luck at the slots.

  3. VIP gaming: For the ultimate experience, check out Greektown Casino’s VIP gaming tables. They offer exclusive benefits, such as exclusive bonuses and rewards, as well as access to exclusive events.

No matter what kind of gaming experience you’re looking for, Greektown Casino has something for you. Come experience the thrill of Detroit’s gaming tables.

Restaurants

Experience the delicious restaurants at Greektown Casino in Detroit. Indulge in a variety of cuisine from casual to fine dining. Enjoy the high food quality of their restaurants. Whether you’re in the mood for a juicy steak, an appetizing seafood dish, or an Italian favorite, Greektown Casino has it all. With an attentive and friendly customer service staff, you can be sure you’ll have a pleasant dining experience.

Greektown Casino has plenty of options to choose from. Whether you’re in the mood for a light snack or a full course meal, you’ll find a restaurant that fits the bill. Come to Greektown Casino and enjoy the delicious restaurants they have to offer.

Hotels

You’ll be delighted with the luxurious hotel accommodations at Greektown Casino. Situated in the heart of Detroit, the casino is owned and operated by JACK Entertainment LLC. Enjoy all the amenities you’d find in a high-end hotel, plus top-notch service.

Here are just a few of the features that make Greektown Casino’s hotel so special:

  • Guest experience: Whether it’s the friendly staff, the modern décor, or the on-site amenities, you’ll be treated to a stay you won’t soon forget.

  • Hotel upgrades: Greektown Casino offers a variety of hotel upgrades, such as an upgraded fitness center, an upgraded pool area, and a variety of upgraded room options.

  • On-site dining: Enjoy delicious dining options with an array of restaurants and bars to choose from.

Annual Revenues of Casino

Discover how much money Greektown Casino in Detroit generates in annual revenue. Greektown Casino is a major Detroit landmark. It’s owned by a group of investors, including Dan Gilbert’s Rock Gaming, and is the largest casino in Michigan. It brings in millions of dollars in revenue each year and has a significant impact on the Detroit community. Greektown Casino has created thousands of jobs for the local economy, provided community support, and generated tax revenue.

Revenue Community Impact Job Creation
$400 million Contributes to local charities Over 1,500 employees
$50 million in taxes Supports Detroit-based organizations Generates additional jobs in the area
$2.5 million for Detroit Invests in Detroit’s small businesses Helps create a vibrant local economy