Want to Buy a Casino?

Greektown Casino is in diar straits. The Michigan Gaming Control Board rejected their request to extend deadlines it has for revenue goals in order to justify a financing agreement to build their new casino. In order to continue construction, they must meet revenue goals and they say they will be $23 million short in 2008. If they miss the mark they must put their holdings up for sale. Wow, Let’s all start saving now. I can see the name up in lights, “Detroit Metrobloggers Casino & Hotel. LOL

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