Greektown seeks $44.9M loan to keep casino-hotel project from shutting down

DETROIT — Lawyers for the financially troubled Greektown Casino asked a federal bankruptcy judge Tuesday to approve a $44.9 million emergency loan that will keep the gambling hall’s construction of an expanded gaming floor and 400-room resort-style hotel from grinding to a halt.

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Tue, June 3rd, 2008

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Gambling history facts:

  • The major differences between regular poker and video poker is that you are playing against a machine rather than real people, and your goal is to achieve particular hands rather than beat opponents hands.
  • Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
  • U.S. News and World Report did a comparison of crime rates in cities with gambling versus those that do not. The crime rates were significantly higher in the places that allowed gambling.
  • Baccarat is the principal of casino card games in the United Kingdom and Europe. Blackjack is a fixture in all American casinos.