International edition
October 16, 2021

A court confirmed Greektown casino reorganization plan January 22

Isle of Capri Casinos and Greektown Hotel-Casino terminate consulting deal

(US).- Less than a month after announcing the deal, Isle of Capri Casinos said this week that it is no longer going to provide transitional marketing and operational consulting services to Greektown Hotel-Casino as the Detroit casino works through Chapter 11 bankruptcy reorganization.

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court confirmed Greektown Casino-Hotel’s reorganization plan January 22, and upon exiting from Chapter 11, the property will be under new ownership and management.

“In light of the recent confirmation of the plan of reorganization and Greektown’s expected exit from bankruptcy in the coming months, it became clear to our company and Greektown that the short-term transitional consulting services that we were to provide may not represent the most expeditious course of action for Isle of Capri or Greektown Casino,” Isle of Capri officials said in a statement.

Creve Coeur-based Isle of Capri Casinos owns and operates riverboat, dockside and land-based casinos at 18 locations in Missouri, Mississippi, Louisiana, Colorado, Iowa and Florida.

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