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Dan Gilbert (Photo by Steve Jennings)
Quicken Loans Inc. founder Dan Gilbert appears ready to cash in his chips.
Gilbert is looking to sell his casinos, including properties in Cleveland, Cincinnati and Greektown Casino in Detroit, Christopher Palmeri of Bloomberg News reports, citing "people familiar with his plans:"
Deutsche Bank and Credit Suisse are representing Gilbert's casino company in the sale process, and Las Vegas-based Caesars Entertainment Corp. is among the possible bidders that have expressed interest in some properties, said the people, who asked not to be identified because the discussions are private. Representatives for both banks and Caesars declined to comment.
"It is Jack Entertainment's long-standing policy to not comment on rumors or speculation," the company said in a statement Wednesday.
