The Michigan Gaming Control Board (MGCB) has approved a $200-million financing package to begin development on Greektown Casino's permanent hotel-casino resort. Construction of this casino resort will be in Greektown. Greektown is the most popular entertainment area in Detroit. All this is meant to begin in February 2006.
The casino is planned for a 400-room hotel, as well as a spa, theater and convention area. The Gaming Control Board rejected Greektown's financing proposal this past September. Board members were concerned that the casino would shift debts around instead of taking care of them.
Aaron Payment, Chairperson of the Sault Ste. Marie Tribe of Chippewa Indians claim that this resort will bring more visitors to Detroit every day, create more jobs and generate better economy. It is already known as Michigan's "Best Casino." That is reason enough to continue with expansion. |
