Casino at Greektown
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Roofing Near Me Hollywood Casino at Greektown
When we are not roofing Hollywood Casino at Greektown, we also like going there for entertainment. Roofing Hollywood Casino at Greektown is, without a doubt, our top priority, but there’s more to life than work. The Hollywood Casino at Greektown, which used to be called the Greektown Casino Hotel, is a casino hotel in Detroit, Michigan. That’s just one reason why Detroit Roofers is proud of its reputation for doing great work roofing Hollywood Casino at Greektown.
In addition to a world-class, fancy hotel, there are more than 3,000 slot machines and video poker machines, favorited table games such as blackjack, craps, baccarat, poker and roulette, five restaurants serving an endless array of fine cuisine, and 20,000 square feet of meeting space. It is in the Greektown neighborhood. It is owned by Vici Properties, and Penn Entertainment is in charge of running it.
The Sault Ste. Marie Tribe of Chippewa Indians owns most of the casino. It opened in the year 2000. It was the only casino in Detroit that was run by an American Indian tribe. During the Great Recession of 2008, the casino lost money and had to be sold.
There are three casinos in the city, and there is also one in the nearby city of Windsor, Ontario. One of the biggest American cities with casino hotels is Detroit.
Shortly after the federal Indian Gaming Regulatory Act (IGRA) was passed in 1988, the Sault Tribe of Chippewa Indians started working with local developers Ted Gatzaros and Jim Papas to open a casino in Detroit. In November 1992, they told the public about their plan. Under the plan, Gatzaros and Papas’s company, 400 Monroe Associates, would give the tribe a 0.28-hectare (0.7-acre) piece of land in Greektown. The tribe would then build and run the casino on the land.
In January of 1999, work on the casino began. It included both the empty shopping center Trappers Alley, which was owned by Gatzaros and Papas, and a new building. The casino was originally thought to cost $115 million, but now it will cost $200 million.
The Sault Tribe was to own 50% of the casino, Gatzaros and Papas and their wives were to own 40%, and a group of local black investors were to own 10%. During Gatzaros and Papas’ background checks, however, gaming regulators found problems, so they were forced to sell their shares. Possible buyers like Millennium Management, Harrah’s Entertainment, MGM Grand, and Park Place Entertainment were involved in the talks. Talks about selling the shares to a group of union pension funds went pretty far. In the end, the tribe paid $275 million over 10 years to buy out the Gatzaroses’ and Papases’ shares. The license for the casino was given in September 2000, and the tribe owned 90% of it.
The Greektown Casino opened on November 10, 2000. It was the third casino to open in the city after two others opened the year before. We love roofing Hollywood Casino at Greektown.
We also go to the Michigan Science Center when we are in Detroit.