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$200 Mil Casino Gets Green Light

DETROIT- Gaming Board Oks Greektown investors to run $200 million facility

By Robert Carr | Updated on September 07, 2000

The Greektown Casino, the third gaming facility to enter the Downtown Detroit market, has announced its plans to open in two months. The owners, the Sault Ste. Marie Tribe of Chippewa Indians and a group of minority investors, won the Michigan Gaming Control Board’s approval to operate the casino by a 4 to 1 vote.

“Our grand opening is set for Nov. 10, pending final approval of our license,” said Roger Martin, a spokesman for the casino. The MGCB will decide on the license in November, before the opening date. Martin said everyone believes the license will be given.

The investors are showing off their temporary facility. All three casinos that have built in Downtown Detroit, the MGM Grand Detroit and the MotorCity Casino and the Greektown, are considered temporary facilities. Both of the other casinos are open and operating.All three are planning to build larger facilities, complete with five-star hotels and restaurants, along the riverfront at a cost of more than $1.5 billion. However, the city is still locked in litigation to acquire and condemn property along the proposed sites.

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