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Michigan Gambling News Brief

No forced sale for Greektown Casino

Detroit News,  Wednesday, June 11, 2008 at 11:18:35 AM

The Michigan Gaming Control Board won't force Greektown Casino to put itself up for sale, as long as it cleans up its financial mess and meets new deadlines -- laid out in its Chapter 11 reorganization plan -- to finish construction of its permanent casino-hotel complex.

But the board, at its meeting Tuesday, made it clear it's determined to hold on to its power to force such a sale in the future.

"This board's responsibilities of oversight are not part of the Chapter 11 filing and won't be compromised," board member Barbara Rom said.

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