The purchase is part of Rock Gaming’s plan to use casinos to revitalize downtown areas in cities such as Detroit, Cleveland, Cincinnati and Baltimore.

“We think that these urban cities represent a great opportunity for us to give back to those communities and also for us to invest and do well,” chief executive officer of Rock Ventures LLC Matt Cullen said.

Greektown is the smallest of the three Detroit casinos and features 2,700 slot machines, dozens of table games, a poker room and a 400-room hotel.

The purchase is currently pending approval from the Michigan Gaming Control Board, but Rock Gaming officials say they expect to receive approval and finalize the deal in the coming months.

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