Wednesday 14 November 2018

Dan Gilbert selling Detroit's Greektown casino in $1B deal

DETROIT (AP) - Businessman and Cleveland Cavaliers owner Dan Gilbert has reached an agreement to sell Greektown Casino-Hotel in downtown Detroit for $1 billion.

Gilbert's Detroit-based JACK Entertainment said Wednesday it planned to sell the casino to Pennsylvania-based Penn National and New York-based VICI Properties. The deal requires state and ...
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