{"id":105554,"date":"2019-05-22T12:13:19","date_gmt":"2019-05-22T19:13:19","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=105554"},"modified":"2019-05-22T12:42:43","modified_gmt":"2019-05-22T19:42:43","slug":"detroit-greektown-casino-1b-sale-to-penn-national-vici-approved-by-mgcb","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/detroit-greektown-casino-1b-sale-to-penn-national-vici-approved-by-mgcb\/","title":{"rendered":"Detroit Greektown Casino $1B Sale to Penn National, VICI Approved by Michigan Gaming Control Board"},"content":{"rendered":"
On Tuesday, the Michigan Gaming Control Board approved the $1 billion sale of Detroit’s\u00a0 Greektown Casino-Hotel to Penn National Gaming and Caesars’ spinoff REIT, VICI Properties<\/a>. The deal — first announced last November by gaming operator Jack Entertainment — makes owner Dan Gilbert<\/a>, the billionaire founder of Quicken Loans and owner of the NBA\u2019s Cleveland Cavaliers — a little bit richer still.<\/p>\n