Greektown Superholdings, Inc. Reports Fourth Quarter and Full Year 2011 Financial Results

DETROIT, March 30, 2012 /PRNewswire/ — Greektown Superholdings, Inc. (”Greektown” or the “company”) today reported financial results for its fourth quarter and full year ended December 31, 2011. Net revenues for the quarter ended December 31, 2011 were $83.9 million, compared to $80.1 million for the same quarter of 2010, an increase of 4.7%. Net loss for the fourth quarter improved to $5.9 million compared to $9.6 million a year ago. EBITDA(1) decreased to $18.8 million for the fourt
Related Articles:
–Greektown's Board of Directors Selects Board Slate for Annual Meeting of Shareholders
–Greektown Receives Two Shareholder Letters Containing Nominations to its Board of Directors
–Greektown Shareholder Seeks to Nominate Directors

Sat, March 31st, 2012

The El Rancho Casino & Hotel in Las Vegas was known for a few firsts. It was the first casino/resort on the Strip opening in 1941 with 63 guestrooms. It was also the first to offer a buffet. The cost of the buffet was only $1.00! The El Rancho burned down in 1960 and fortunately no one was hurt.
In Cuba, during the 1950's, the blackjack shoe was first introduced. The dealers in Cuba handled the cards really well and management thought that the dealers may be being a little too good to their friends. So, to curb their suspicions, management decided to use a "dealing box" which is currently known as a shoe.
Horse racing is the best known and widespread parimutuel betting event. Horse racing is the only form of partimutuel wagering legal in California.
Baccarat is the principal of casino card games in the United Kingdom and Europe. Blackjack is a fixture in all American casinos.

Gambling Information