Greektown Increases Market Share for Third Straight Month
| 06 May 2009 |
DETROIT, May 5 /PRNewswire/ -- Continuing a trend that started in February, for the third consecutive month Greektown Casino-Hotel increased its market share from 25 percent in March to 25.7 percent in April. From January, where the property had 22.8 percent share, the net increase is 2.9 percent, an increase of 13 percent, announced Greektown officials.
"Despite being at a competitive disadvantage due to the Final Four and a competitor's offer of cash to any of our customers who showed their CLUB Greektown card, our strategy of providing Detroiters more ways to win, more ways to have fun, and more value for their dollar is resonating in the marketplace. Our hotel is 80 percent full, and we have more than tripled our buffet covers since implementing our strategy," saidRandall A. Fine , Managing Director of The Fine Point Group and Chief Executive Officer of Greektown.
"We are particularly pleased that for the first time since The Fine Point Group became involved in January, our operating income was higher year-over-year - and that's compared to last year when we were not in bankruptcy," Fine added. "Moreover, we beat the independently prepared financial plan for the second month in a row by 100 percent. May has started strong, and we look forward to continued success moving forward."
Located at 555 E. Lafayette Avenue in Detroit's Greektown Entertainment District, Greektown Casino-Hotel opened on Nov. 10, 2000. Readers of The Detroit News and Detroit Free Press have voted Greektown Casino-Hotel Michigan's and Detroit's "Best Casino" numerous times. Greektown Casino-Hotel offers such amenities as their all-new International Buffet, the Eclipz Lounge and a VIP lounge for players. In addition to being named "Best Casino" by readers of The News and Free Press, Greektown Casino-Hotel also placed first in other categories in The News' reader survey, including "Best Slots," "Best Wait Staff Outfits," "Best Craps Tables," "Best Blackjack Tables," "Best High Rollers Area," "Best Casino Restaurant," and "Best Casino Entertainment." Greektown Casino-Hotel opened its new 400-room hotel tower February 2009. For reservations and group events, call 877-GCH-5554 or visit greektowncasino.com.
"Despite being at a competitive disadvantage due to the Final Four and a competitor's offer of cash to any of our customers who showed their CLUB Greektown card, our strategy of providing Detroiters more ways to win, more ways to have fun, and more value for their dollar is resonating in the marketplace. Our hotel is 80 percent full, and we have more than tripled our buffet covers since implementing our strategy," said
"We are particularly pleased that for the first time since The Fine Point Group became involved in January, our operating income was higher year-over-year - and that's compared to last year when we were not in bankruptcy," Fine added. "Moreover, we beat the independently prepared financial plan for the second month in a row by 100 percent. May has started strong, and we look forward to continued success moving forward."
Located at 555 E. Lafayette Avenue in Detroit's Greektown Entertainment District, Greektown Casino-Hotel opened on Nov. 10, 2000. Readers of The Detroit News and Detroit Free Press have voted Greektown Casino-Hotel Michigan's and Detroit's "Best Casino" numerous times. Greektown Casino-Hotel offers such amenities as their all-new International Buffet, the Eclipz Lounge and a VIP lounge for players. In addition to being named "Best Casino" by readers of The News and Free Press, Greektown Casino-Hotel also placed first in other categories in The News' reader survey, including "Best Slots," "Best Wait Staff Outfits," "Best Craps Tables," "Best Blackjack Tables," "Best High Rollers Area," "Best Casino Restaurant," and "Best Casino Entertainment." Greektown Casino-Hotel opened its new 400-room hotel tower February 2009. For reservations and group events, call 877-GCH-5554 or visit greektowncasino.com.
Media contact: Riley Meredith/James Woodrow Preferred Public Relations (702) 254-5704 riley@preferredpublicrelations.com james@preferredpublicrelations.comSOURCE Greektown Casino-Hotel
Post a Comment
Top Online Casino Choice
Aladdins Gold Casino

Steal The Magic Lamp | Help Aladdin steal the magic lamp by guessing the 6 letter password to the treasure chest and you could walk away with a huge cash prize.

Steal The Magic Lamp | Help Aladdin steal the magic lamp by guessing the 6 letter password to the treasure chest and you could walk away with a huge cash prize.
Bodog Casino

REFER YOUR FRIENDS | Earn up to £30 / €30 / $30 cash for each friend you refer to Bodog Sportsbook, Casino and Poker Room

REFER YOUR FRIENDS | Earn up to £30 / €30 / $30 cash for each friend you refer to Bodog Sportsbook, Casino and Poker Room
Share it
Latest News
- Two New Slots from Microgaming Join Red Flush Online Casino
Date: 12 February 2012 - World Poker Tour® Season X Premieres Sunday February 12th on Fox Sports Net®
Date: 10 February 2012 - Online Casino, Casino Online.co.pt, Announces New Website
Date: 10 February 2012 - Sale of Smaller Riverboat Complete in Lake Charles, Louisiana
Date: 10 February 2012 - PA Lottery: Feb. 11 Powerball Jackpot is $310 Million, Fifth Largest in Game History
Date: 10 February 2012 - PA Lottery: Feb. 11 Powerball Jackpot is $310 Million, Third Largest in Game History
Date: 10 February 2012 - Gamesys: Online Bingo Winner Gets Lucky With A Special Grand Prize!
Date: 10 February 2012 - Titan Casino Shows Players the Love with a Free EUR10 Valentine's Day Bonus
Date: 10 February 2012 - Senate Committee Hearing Focuses on Justice Department Internet Gambling Ruling
Date: 10 February 2012 - Sky Announce New Poker Game: Timed Tournaments
Date: 10 February 2012







Readers Comments
No comments have been submitted yet for this article.