| Home court advantage
Greektown Casino owners are betting on metro Detroiters' affection
for the neighborhood
Originally published November 10, 2000
BY TINA LAM
FREE PRESS STAFF WRITER
The Greektown Casino, an idea first hatched more than a decade
ago, is finally a $200-million red brick and glittering neon reality.
The casino opens 15 months after MGM Grand and 11 months after
MotorCity, giving its rivals ample time to build gamblers' loyalty
and habits.
But this casino is the homegrown alternative, wholly owned by Michigan
residents, and its owners and managers hope to capitalize on metro
Detroiters' fondness for Greektown.
A 1996 poll of metro Detroiters found that Greektown is one of
the best-known areas in the city and that people regard it as familiar
and safe.
Four years later, the nearly empty and forlorn Trappers Alley has
been reborn as a Mediterranean-themed gambling palace already surrounded
by nearly two dozen restaurants and bars. Among them is Fishbone's
Rhythm Kitchen Cafe, which in the recent past has been the state's
top-grossing restaurant.
The casino is the only one of the city's three that is in an already
lively area and the only one on the People Mover route. It's also
the only one without attached parking, which could create trouble
in an area already short on parking lots.
The casino has identified 3,400 parking spots during the day and
a little more than 4,000 at night within a few blocks. But, unless
they use the casino's free valet parking, gamblers who park in the
lots associated with the casino will have to get parking tickets
validated. Shuttles will operate between lots and the casino.
True to promises made to city voters before they approved plans
for a casino in Greektown in 1994, the casino is not a self-contained
fortress. With just one restaurant of its own and no buffet -- almost
unheard-of for a casino -- it will encourage gamblers to eat at
nearby restaurants already operating in Greektown.
"We don't want to take over the district," casino manager
Mike Mecca says.
The other two city casinos, in areas with few other meal options,
have four or five restaurants each, including lunch, dinner and
weekend breakfast buffets. Those and their adjacent parking garages
mean gamblers drive in, park and usually don't leave until it's
time to go home.
At Greektown, three independent restaurants and a flower shop have
entrances on Monroe Street and back doors that lead into the casino,
inviting patrons inside but also giving gamblers easy access to
the street. Inside, the casino has several stages for entertainment
in its bar areas.
Greektown Casino has something else not often found in gambling
halls: windows.
The nonsmoking room has a large skylight, and big windows grace
a bar and lounge area that adjoins two gaming areas.
The refurbished Trappers Alley side of the casino has a tall atrium,
a slate-floored cappuccino bar beneath a glass ceiling and a balcony
with outdoor tables. Red brick, green-trimmed windows and iron railings
give the place a historic feel -- and rightfully so.
Greektown got its start in the early 1900s, when it became the
heart of a bustling community of immigrants from southern Greece.
In 1966, the city and the Central Business District Association
came up with a plan to clean up and market Greektown and held the
first of many annual festivals there in July. In 1978, several businessmen
and the city began planning a festival marketplace, which finally
opened as Trappers Alley in 1985. Ex-Greektown Casino partners Ted
Gatzaros and Jim Papas bought it in 1989.
The casino owners have put another $200 million into refurbishing
Trappers Alley, and the adjoining restaurants have also had major
face-lifts.
National gambling experts expect Greektown Casino to do well, since
the other three casinos in Detroit and Windsor have proved there's
a strong market here. Gamblers seem just as eager to line up for
tonight's grand opening as they have for the others.
Casino Windsor is taking in about $1.3 million daily, MGM Grand
about $1 million daily and MotorCity about $900,000 daily in gambling
revenue, according to their most recent reports, for a total of
about $1.1 billion each year. Greektown's opening could bring slight
drops at the other properties, but most stock analysts expect the
Detroit-Windsor market to bring in $1.2 to $1.5 billion each year.
Most of the gamblers who come to Greektown are likely to be from
southeast Michigan.
"This is a locals market," says Sal Semola, vice president
of table-game operations for the Greektown Casino.
Greektown managers earlier this year held focus groups with some
local gamblers to determine what they wanted. The answer: higher
betting limits, says Semola. Greektown plans to focus heavily on
high rollers, devoting about a quarter of its second floor to the
exclusive Pantheon Club, where bets can rise as high as $10,000
per hand and two of the slot machines cost $500 per pull.
The Pantheon Club boasts higher staffing, fewer seats at table
games, more attention and some of the casino's strongest supervisors,
Semola says. It has its own bar, big-screen TV, entrance, elevator
and valet parking. Card decks are shuffled by hand rather than by
machine, as they are elsewhere in the casino.
Greektown Casino has the biggest stage among the three Detroit
casinos in its Apollo lounge, where the elegant Opa bar features
a huge flame that changes colors, and several smaller bars.
The casino's Mediterranean theme comes through in giant Greek Isles
murals, stone statues and paintings of urns, all mixed with rich
marbles, dark-hued carpets and glossy wood finishes.
For its owners, the Sault Ste. Marie Tribe of Chippewa Indians
and a group of Detroit investors, the new casino is a dream finally
come true. Says investor Marvin Beatty, "We've waited for this
for such a long time."
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