Michigan News - Page 52

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Michigan Governor Signs Casino Tax Hike Bill

18 August 2004

News Brief: Michigan's wagering tax rate on three casinos in Detroit will jump to 24 percent from the current 18 percent under a bill signed into law Tuesday by Gov. Jennifer Granholm.

Gambling Expansion Threatens Michigan Plans

16 August 2004

News Brief: Michigan is quickly reaching a saturation point that could threaten plans for permanent Detroit casinos and deplete local and state gambling taxes that provide badly needed funds for education and other programs.

Greektown to Layoff 100 Workers

12 August 2004

News Brief: Greektown Casino announced Wednesday that it would lay off more than 100 workers in response to the Legislature's vote to raise the casino's tax by one-third.

Michigan Racing Board Approves License Transfer

9 August 2004

News Brief: The Michigan Office of the Racing Commissioner will authorize the transfer of the racing license for Great Lakes Downs from MI Racing Inc. to Richmond Racing Co.

Mega Millions Winner Picks Up Check

9 August 2004

Larry Campbell picked up his check for $19,128,233 as the sole winner of the July 23 Mega Millions $47 million jackpot.

Company Applauds Ruling

3 August 2004

Full House Resorts Inc. said a recent ruling by the Michigan Supreme Court paves the way for the company to develop a casino with a Michigan Indian tribe.

Exec: Detroit Casinos Fulfilled Some Expectations

29 July 2004

News Brief: Detroit’s casinos have not become the magic bullet for development. However, George Boyer, chief operating officer of MGM Grand, maintains that the casinos have been a catalyst for other development by introducing Detroit to people who previously stayed away.

AGA Code of Conduct Focus of Responsible Gaming Week

21 July 2004

Michigan Gambling Issues to be Debated

20 July 2004

News Brief: Republican legislative leaders and Democratic Gov. Jennifer Granholm will take another stab this week at balancing the state budget. The ongoing debates over Detroit’s casino taxes and slots at horse tracks will be part of the negotiations.

Detroit Shows the Gamble Casinos Can Be

19 July 2004

News Brief: Nearly 8 years after gaming was approved, some major promises remain unfulfilled.

Detroit Casinos Report Revenues Up

14 July 2004

News Brief: Detroit’s three casinos reported total revenue of more than $93.4 million for June, up more than $1.5 million over June 2003 receipts.

Michigan Legislators Negotiate Casino Tax

14 July 2004

News Brief: It is likely Detroit’s three casinos soon will be paying more taxes to the state, but it’s unclear how much more.

Michigan Voters Want Say on Gambling, Poll Shows

12 July 2004

News Brief: If Michigan voters have their way, no more casinos will open without their approval.

Construction Industry Talks, And The Legislature Listens

7 July 2004

Detroit Casinos Warn Against Tax Increases

7 July 2004

News Brief: Higher state and city tax increases would cripple Detroit casinos in a state and nation where gambling is increasingly a competitive business, casino interests warned.

Michigan Senate Approves Casino Tax Hike

7 July 2004

News Brief: The Michigan Senate on Tuesday passed a new version of a bill to hike taxes on Detroit casinos that would increase the tax rate to 24 percent from the current 18 percent.

Absent Michigan Senators Ordered Back

6 July 2004

News Brief: The Michigan Senate sent out state troopers to collect two absent senators after a bill to raise taxes on Detroit's three casinos failed a second time Tuesday.

Michigan Senator Denies Conflict of Interest

5 July 2004

ews Brief: A Michigan senator says he’ll continue voting on gaming measures brought before the legislature despite owning a share of Detroit’s MotorCity Casino.

Barden Files for Racetrack License

30 June 2004

News Brief: Don Barden recently filed his fifth application with the Michigan Office of the Racing Commissioner to open a racetrack-casino in the state.

Michigan Casino Tax Hike Draws Warnings

30 June 2004

News Brief: Lawmakers may still boost taxes on Detroit casinos to help solve the state budget crisis, despite dire warnings from business and labor leaders that higher taxes would hurt the economy and cost jobs.

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