Michigan marks 20th birthday of Detroit commercial casino legislation

29 Views

To celebrate the 20th birthday of legislation that legalized commercial casinos in Detroit, the Michigan Gaming Control Board has revealed that the city’s three gambling establishments have since paid out more than $4.5 billion in tax with $1.9 billion of this going to public education programs throughout the state.

Supported by then-Governor John Engler, the Michigan Gaming and Revenue Act took effect on July 17, 1997, after voters signaled their approval via a state-wide referendum held the preceding November. The legislation permitted up to three casinos in Detroit, established the Michigan Gaming Control Board regulator and imposed an 18% tax rate on the venues’ gross gaming revenues.

The measure was subsequently amended in 2004 to lower the state tax rate to its current level of 8.1% although the three Detroit-area casinos are required to hand over 10.9% of their gross gaming receipts to the city, which is a move that has since benefited the “Motor City” to the tune of $2.6 billion.

“The Michigan Gaming Control Board grew from 19 people hired in 1997 to 138 people today,” read a statement from Richard Kalm, who has served as Executive Director for the Michigan Gaming Control Board since 2007. “The agency regulates not only the Detroit casinos but also parimutuel horseracing and charitable casino-style gaming. It additionally audits twelve tribes’ compliance with compacts covering 23 tribal casinos. For 20 years, the Michigan Gaming Control Board has been dedicated to protecting Michigan’s citizens by ensuring the integrity of gaming.”

The MGM Grand Detroit was the first Detroit casino to receive its license from the Michigan Gaming Control Board and the 400-room property began operations in July of 1999. The MGM Resorts International development was followed less than five months later by the MotorCity Casino Hotel, which is owned by Ilitch Holdings Incorporated, while the 30-story Greektown Casino Hotel now operated by Jack Entertainment welcomed its first players in November of 2000.

Along with the three Detroit casinos, the Michigan Gaming Control Board stated that it has licensed or registered more than 1,400 businesses including 800 native firms since 1997 that supply goods and services while the city of around 700,000 people moreover receives additional funds under development agreements negotiated with the gambling establishments.

“Thousands of Michigan residents work at the casinos and we license more than 6,800 of them,” read the statement from Kalm. “We conduct background investigations to determine the applicant’s suitability to work in the casinos.”

Under current regulations, the Michigan Gaming Control Board detailed that some employees of the casinos are exempt from its licensing procedures such as hotel and kitchen staff while it declared that more than 4,000 problem gamblers have utilized its lifetime voluntary exclusion scheme since the program’s inception in 2001.

“Through the years, we oversaw the move from temporary to permanent casinos, watched the addition of hotels and other amenities and weathered the Greektown Casino Hotel bankruptcy,” read the statement from Kalm. “The Michigan Gaming Control Board has worked hard for 20 years to represent the interests of Michigan citizens while allowing the casinos’ management to run their businesses with reasonable oversight. The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the state of Michigan.”

Michigan marks 20th birthday of Detroit commercial casino legislation was last modified: July 19th, 2017 by Adam Morgan


Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Latest Posts

IGT Powerbucks Crown of Egypt provides record-setting jackpots in July
Latest Casino News
63 views
Latest Casino News
63 views

IGT Powerbucks Crown of Egypt provides record-setting jackpots in July

adminuser - September 20, 2017

In Canada, July has seen two record-setting payouts totaling more than CA$2.2m courtesy of multinational gaming company, International Game Technology’s (IGT) (NYSE:IGT), Powerbucks, omni-channel, interprovincial jackpot link.…

Upcoming Slot Releases from Saucify
Latest Casino News
83 views
Latest Casino News
83 views

Upcoming Slot Releases from Saucify

adminuser - September 20, 2017

Formerly known as BetOnSoft, Saucify was launched in July 2014 and continues to be a top provider of gaming content for online casinos such as Planet Casino…

Betway offering odds on Mayweather v McGregor rematch, more
Latest Casino News
23 views
Latest Casino News
23 views

Betway offering odds on Mayweather v McGregor rematch, more

adminuser - September 20, 2017

The Mayweather v McGregor fight Saturday night in Las Vegas was one of the busiest and most profitable events ever handled by Betway Sportsbook in over 10…

Mongoose Casino now live; new payment methods and software coming soon
Latest Casino News
24 views
Latest Casino News
24 views

Mongoose Casino now live; new payment methods and software coming soon

adminuser - September 20, 2017

EmuCasino is a top online casino offering players a wealth of popular games to enjoy, including more than 660 slot titles. EmuCasino recently announced their sister brand Mongoose…

Pragmatic Play Limited launches Pixie Wings
Latest Casino News
22 views
Latest Casino News
22 views

Pragmatic Play Limited launches Pixie Wings

adminuser - September 20, 2017

Two weeks after being certified by officials in Denmark, online casino games developer Pragmatic Play Limited has launched its latest title in the five-reel and 50-payline Pixie…

iSoftBet to provide content to William Hill Interactive Online
Online Gambling
36 views
Online Gambling
36 views

iSoftBet to provide content to William Hill Interactive Online

adminuser - September 20, 2017

Premium online casino software developer, iSoftBet, has agreed a deal to provide its full range of content to the Interactive arm of UK bookmaker William Hill. An…

Absolute Poker players to finally get their money back
Poker
21 views
Poker
21 views

Absolute Poker players to finally get their money back

adminuser - September 20, 2017

Last week, Joon H. Kim, the Acting United States Attorney for the Southern District of New York announced that eligible players who have been out of pocket…

Habanero releases new slot game Scruffy Scallywags
Latest Casino News
25 views
Latest Casino News
25 views

Habanero releases new slot game Scruffy Scallywags

adminuser - September 20, 2017

Slot gamers prepare to hit the high seas with a new slot release by Habanero. Scruffy Scallywags is the latest slot game created by Habanero, a premium…

Wild Crypto to offer $5 million in new blockchain coin
Latest Casino News
24 views
Latest Casino News
24 views

Wild Crypto to offer $5 million in new blockchain coin

adminuser - September 20, 2017

Wild Crypto (SYMBOL: WILD) have developed a lottery and eGaming platform on the Ethereum blockchain and have announced a new coin, much like Bitcoin, they intend to…

Macau casino revival continues in June despite Xi Jinping visit
Economy
26 views
Economy
26 views

Macau casino revival continues in June despite Xi Jinping visit

adminuser - September 20, 2017

In Macau, June reportedly saw aggregated gross gaming revenues rise for an eleventh consecutive month as the over 30 casinos in the city posted a 25.9% combined…