Who Owns Greektown Casino?
Introduction
Greektown Casino is a popular destination in Detroit, Michigan. It has a lot to offer both locals and tourists, including a wide range of gaming options, restaurants, and entertainment. With such a high level of popularity, many people wonder who owns Greektown Casino. In this blog post, we will provide you with an overview of its ownership history, including its current and past owners.
Ownership of Greektown Casino
Greektown Casino is currently owned by Vici Properties and operated by Penn National Gaming. Vici Properties is a real estate investment trust (REIT) that specializes in the ownership of gaming, hospitality, and entertainment destinations. They own a number of casinos across the United States and have made significant investments in the gaming industry. Penn National Gaming is a leading operator of gaming and racing properties in the United States. Together, Vici Properties and Penn National Gaming acquired Greektown Casino in 2019.
Previous Ownership of Greektown Casino
Before the purchase by Vici Properties and Penn National Gaming, Greektown Casino was owned by JACK Entertainment. JACK Entertainment is a gaming company that owns and operates several casinos and racetracks in Ohio and Michigan. They acquired Greektown Casino in 2013 from the Sault Ste. Marie Tribe of Chippewa Indians for $300 million. Prior to that, the Sault Ste. Marie Tribe of Chippewa Indians had owned the casino.
Changes in Ownership
Over the years, the ownership of Greektown Casino has changed hands several times. Below is a table summarizing the changes in ownership LeoVegas:
| Year | Owner |
| 2000 | Sault Ste. Marie Tribe of Chippewa Indians |
| 2013 | JACK Entertainment |
| 2019 | Vici Properties and Penn National Gaming |
In conclusion, Greektown Casino is currently owned by Vici Properties and operated by Penn National Gaming. Before that, it was owned by JACK Entertainment, who purchased it from the Sault Ste. Marie Tribe of Chippewa Indians. Despite the changes in ownership, Greektown Casino remains a popular destination for gaming, dining, and entertainment in Detroit. With such a rich history of ownership changes, it will be interesting to see what the future holds for this iconic casino.
Frequently Asked Questions
Who currently owns Greektown Casino?
Greektown Casino is currently owned by Vici Properties and operated by Penn National Gaming.
Who owned Greektown Casino before Vici Properties and Penn National Gaming?
Before the purchase by Vici Properties and Penn National Gaming, Greektown Casino was owned by JACK Entertainment.
Who owned Greektown Casino before JACK Entertainment?
Before being purchased by JACK Entertainment, Greektown Casino was owned by the Sault Ste. Marie Tribe of Chippewa Indians.
How many times has the ownership of Greektown Casino changed hands?
Over the years, the ownership of Greektown Casino has changed hands several times. It was owned by the Sault Ste. Marie Tribe of Chippewa Indians from 2000 to 2013, then by JACK Entertainment from 2013 to 2019, and currently by Vici Properties and Penn National Gaming.
What is Vici Properties?
Vici Properties is a real estate investment trust (REIT) that specializes in the ownership of gaming, hospitality, and entertainment destinations.
What is Penn National Gaming?
Penn National Gaming is a leading operator of gaming and racing properties in the United States.