"There is a lot of bitterness," Chairman Joe McCoy told The Detroit News. "The casino was our main focus for the last two years."
The casino never generated as much revenues as the other two commercial casinos in Detroit. When the recession hit, it took an even bigger toll on Greektown. The tribe finally declared bankruptcy in May 2008. Get the Story:Greektown Casino's failure haunts Chippewa Indians (The Detroit News 11/8)
Management issues, distance contributed to Greektown's fall (The Detroit News 11/8)
Greektown execs plan upscale overhaul (The Detroit News 11/8) Related Stories:
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New investors dispute Sault Tribe's interest in Detroit casino (6/17)
Sault Tribe seeks clarification on status of Detroit casino site (6/11)