PRESS RELEASE
September 12, 2011
Greektown Superholdings, Inc. announced the completion of the first phase of the
remodeling of Greektown Casino. The grand opening on Friday, September 23 will
showcase a completely renovated 10,000 square foot area in the center of the
casino, now known as the "superpit." This project consolidates three separate
table game pits into one central location in the middle of the gaming floor,
providing better access to both tables and slots. It also improves sightlines
throughout the entire main casino level with the removal of several interior
walls. The "superpit" is one of several areas improved since the remodeling
began in June. Also completed at this time are the remodeling of the Apollo Bar,
now called The Fringe, a new first floor VIP promotions area and cage and club
booth. Other phases of the remodeling expected to be completed by December 15
include a brand new bar/lounge and entertainment facility, as well as a new
quick-serve food and beverage outlet on the first floor. The plans also call for
a complete renovation of several main restroom areas.
Michael Puggi, Greektown's chief executive officer said, "We are continuing to
work to improve the gaming and entertainment experience for our customers. The
superpit along with the other improved areas throughout the casino, create a new
look and feel to our facility, which has to be seen to be fully appreciated.
Other phases of our renovation plans are well underway. As with any renovation,
there is some short-term disruption to our business, but we are confident that
the changes which are underway will provide meaningful shareholder value over
the long term. We also look forward to breaking ground on our new 850-car valet
parking facility early next year, subject to obtaining the necessary financing
and regulatory approvals."
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