![]() Caesars Entertainment, which partnered with Rock Gaming in Ohio, will play no role at this property, Gilbert said. It is the best way to get around the downtown area. In 1987, the People Mover was completed, an automated, elevated rail system that runs a three mile loop in the downtown area. Gilbert plans to buy controlling interest from a group of hedge funds and investors that bought it out of bankruptcy in 2010. Detroit does not have a elevated/subway network that covers the entire city. Greektown Casino takes in about $350 million a year in revenues, according to the Michigan Gaming Control Board, which must approve the deal. ![]() "However, we envision significant investment in the Greektown Casino-Hotel, as well as the enhancement and growth of the existing entertainment district." The plan is to connect Greektown's nightlife scene with other areas on the upswing in downtown and Midtown. Gilbert said his company's plans are still in the early phases. “With a substantial focus on downtown Detroit, the Greektown opportunity could not be more in the epicenter of our business and civic interests,” Cullen said. "A primary focus of our investment strategy over the past few years has been on urban casino development in large Midwest cities, along with significant real estate investment and development in those cities,” said Rock Ventures CEO, Matt Cullen, a close associate.
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