Penn National, VICI purchase of Greektown Casino in Detroit completed

In a unanimous vote, four members of the Michigan Gaming Control Board on Tuesday, May 21, 2019, approved the sale of Downtown Detroit’s Greektown Casino-Hotel to Penn National Gaming, Inc. (PENN: Nasdaq) and New York City-headquartered real estate investment trust (REIT), VICI Properties, Inc. The $1 billion all-cash deal was first announced in November last year […]

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