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Nov 15, 2018 · “Our purchase of Greektown Casino-Hotel five and a half years ago, soon after its bankruptcy, allowed us to work with the great team at the property to create a winning culture and a vibrant business,” said Dan Gilbert, chairman of JACK Entertainment and founder and chairman of Rock Ventures. Sep 13, 2019 · Jack Entertainment to Close Detroit Office Following Greektown Casino Sale, Laying Off 92. Posted on: September 13, 2019, 03:15h. Last updated on: September 13, 2019 Oct 28, 2019 · Earlier this year, Jack sold Detroit’s Greektown Casino-Hotel to Penn National Gaming and Vici in a deal worth $1 billion. Penn National paid $300 million for the casino, while Vici doled out JACK Entertainment LLC is pleased to announce that Greektown Casino-Hotel’s transition to JACK Detroit Casino-Hotel is underway and set to be completed on May 1, 2018. Greektown Casino-Hotel’s Annual Golf Outing Raises $255,000 For Three Local Charities JACK Entertainment LLC has decided to lay off 92 employees, a byproduct of its sale of Detroit’s Greektown Casino-Hotel. The $1 billion Greektown deal closed in May 2019. A WARN (Worker Adjustment and Retraining Notification) notice, a required state filing, indicated that layoffs will begin in November. Jack Entertainment sells Greektown Casino-Hotel in Detroit for $1 billion Despite recent efforts, Dan Gilbert isn’t yet out of the gambling business. Gilbert’s Jack Entertainment LLC completed the The Greektown Casino in Detroit was sold by JACK in late 2018 for $1 billion to VICI and Penn National Gaming, stoking speculation Gilbert was looking to divest his gaming assets to make a run at

Jack Entertainment to Close Detroit Office Following Greektown Casino Sale, Laying Off 92 Posted on: September 13, 2019, 03:15h. Last updated on: September 13, 2019, 01:09h.

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JACK Entertainment in Detroit says it has entered into a contract to sell the Greektown Casino-Hotel in the central business district for $1 billion in cash to Pennsylvania’s Penn National Gaming and New York’s VICI Properties, pending regulatory approval. 2019/9/11 JACK Entertainment has sold Greektown Casino-Hotel for $1bn cash to Penn National Gaming and VICI Properties, an experiential real estate investment trust, has been completed. Under the terms of the agreements, VICI acquired the land and real estate assets JACK Entertainment sells Greektown Casino Hotel 23 May 2019 (PRESS RELEASE) -- JACK Entertainment LLC today announced that the sale of Greektown Casino-Hotel for $1 billion cash to Penn National Gaming and VICI Properties, an experiential real estate investment trust, has been completed. 2018/11/15

Jack Entertainment to sell Greektown Casino to Penn National Gaming 14 November 2018 (PRESS RELEASE) -- Following a strategic assessment of its business portfolio, JACK Entertainment LLC (“JACK Entertainment”) today announced that it has entered into a contract to sell Greektown Casino Hotel for $1 billion cash, pending regulatory approval.

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