Cleveland Cavaliers’ owner Dan Gilbert believes that Detroit declaring bankruptcy will be “good news.” He is a major owner and developer of downtown Detroit real estate, as well as being a major player in the gaming field as the owner of Greektown Casino in Detroit and a pair of casinos in Ohio.
Gilbert, founder and chairman of Quicken Loans, describes Detroit bankruptcy as a “tsunami we all think is going to come” and feels that the “faster we get there, the better.”
Currently, the city is under the control of an emergency manager who is asking Detroit creditors to take about 10 cents on every dollar owed to them. Negotiations could last several weeks, officials say.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at RayPoirier@GamingToday.com.
Wide receivers are not typically expected to make heavy contributions in their first year. That’s why the performance of Chargers wideout Keenan Allen quickly catapulted the third-round draft pick to the top of the list of candidates for NFL Offensive Rookie of the Year.
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Data released by the Ohio Casino Control Commission shows that Cleveland’s casino saw the most fluctuation, with a revenue increase from $19.5 million in October to $20.2 million in November. That’s an increase of 3.5 percent.
Following the announcement of the 2013-2014 College Football bowl schedule, Nevada Sports Books is launching a winner-take-all College Bowl Jackpot Parlay contest in which the winner is guaranteed $50,000*.
Pokin' Around | The poker push at LVH first began in late July with a temporary spot on the casino floor and then moved into a permanent location by mid-September – a cozy room across from the Tempo Lounge that’s full of Elvis pictures on the walls.
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