News

Gilbert Bets On Detroit Casino Market

April 8, 2013

This week the state could approve a bid by Quicken Loans founder Dan Gilbert to take a majority stake in Detroit's Greektown Casino. The three gaming halls in Detroit were originally touted as a way to bring the city huge new amounts of revenue by making it a tourist destination. But recent state data reveals the casino's revenue growth has been stagnant, and by some measures even declined. WDET's Quinn Klinefelter talked about the situation with gaming hall consultant Alex Calderone.