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Workers at MGM Grand Detroit, Hollywood Casino at Greektown and MotorCity Casino walked off the job Oct. 17 over issues including health care and wages that had not kept up with the cost of living ...
Hollywood Casino at Greektown, formerly Greektown Casino-Hotel, is a casino hotel in the Greektown neighborhood in Detroit, Michigan. It is owned by Vici Properties and operated by Penn Entertainment. The casino opened in 2000, under the majority ownership of the Sault Ste. Marie Tribe of Chippewa Indians. It was the only casino in Detroit ...
On October 17, 2023, casino workers in Detroit began a strike against MGM Resorts International, operator of the MGM Grand Detroit, and Penn Entertainment, which runs the MotorCity Casino Hotel and Hollywood Casino at Greektown. Casino workers in Michigan's largest city, represented by the Detroit Casino Council (DCC), failed to reach a labor ...
Receipts in October for in-person gambling activities were lowest since all 3 Detroit casinos opened in 2000.
Penn National bought the operating businesses of the Margaritaville Resort Casino in Louisiana and Greektown Casino–Hotel in Detroit for $115 million and $300 million, respectively, while Vici bought both properties' real estate assets and leased them to Penn. [56] [57] In July 2019, Penn reached market access agreements with multiple gaming ...
Vici bought the real estate of the Margaritaville Resort Casino in Louisiana and Greektown Casino–Hotel in Detroit for $261 million and $700 million, respectively, while Penn bought both properties' operating businesses and leased them from Vici for annual rent of $23 million and $56 million, respectively.