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Michigan News - Page 53

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Michigan Casino Tax Hike Draws Warnings

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.

Michigan Tribe May Drop Casino Idea

News Brief: Aaron Payment, chairman-elect of the Sault Ste. Marie Tribe of Chippewa Indians, says that it doesn’t make much business sense to continue to pursue development of a $350 million casino in Romulus, Michigan.

Michigan Casino Tax Hike Considered

News Brief: Before legislators break for the summer this week, the Michigan Senate will attempt to negotiate changes in a measure to double the taxes Detroit’s three casinos pay.

Michigan Casino Faces Long Road

News Brief: A Calhoun County casino is at least two years away after the Nottawaseppi Huron Band of the Potawatomi announced it would perform an exhaustive study on the environmental impact of the proposed Indian casino in Emmett Township.

Michigan Construction Industry Opposes Detroit Wagering Tax Increase

MGM Grand Detroit Warn Rivals

News Brief: Executives of the MGM Grand Detroit Casino have warned the majority owners of Greektown Casino that they will sue if plans to develop a $350 million casino in Romulus are not dropped.

Michigan Senate Votes Down Casino Tax Increase

News Brief: The Michigan Senate has rejected doubling the tax on Detroit casinos.

MGM to Sell MotorCity Casino

News Brief: MGM Mirage Inc. plans to sell MotorCity Casino as soon as its $7.9 billion purchase of MotorCity Casino’s current owner Mandalay Resort Group Inc. is finalized early in 2005.

Casino Gaming Entertainment Continues Its Growth in Popularity

Detroit Casinos Take in Second Highest Total

News Brief: Detroit’s casinos took in more than $108.6 million in gross gambling revenue for May, the second-highest total ever.

Detroit Businessman Interested in MotorCity Casino

News Brief: Detroit businessman and casino owner Don Barden says he's interested in buying a casino that MGM Mirage might be forced to sell if it succeeds in a bid to buy rival Mandalay Resort Group.

Detroit Mayor Against Casino-Convention Center Plans

News Brief: Detroit Mayor Kwame Kilpatrick says he'd rather see a new convention center he wants built stand on its own without a casino attached.

Michigan Tribe in Midst of Turmoil

ews Brief: The Sault Ste. Marie Tribe of Chippewa Indians, the owner of Detroit's Greektown Casino, is in the midst of the fiercest turmoil in its 30-year history.

Tax Facts are Surprising

Michigan Lottery Names Casino Millions Finalists

Five lucky Michigan Lottery players will be one step closer to winning the ‘Casino Millions’ $2 million jackpot.

Low-End Slots a Big Hit in Detroit

News Brief: It's easier than ever to get a piece of the action, albeit a small one, now that all three of the city's casinos offer slot machines that can be played for a penny.

Windsor Gamblers Find Return Friendly

News Brief: The colored waterfall danced, the slot machines clanged and players lined up to check the status of their bonus points at Casino Windsor on Friday morning as it reopened after a contentious 41-day strike.

Ohio Casino Patrons, Money Leave for Detroit

News Brief: Thousands of northeast Ohio residents travel to Detroit every month looking for casino action.

Detroit Casinos May Drop Hotels

News Brief: Clauses in their contracts with the city would allow the three Detroit casinos to skip building permanent casinos and hotels if the state doubles the gaming tax, according to people familiar with the agreements.

Michigan House Votes to Double Casino Taxes

ews Brief: Michigan's House of Representatives voted to double the amount of taxes casinos would pay to the state and Detroit city from 18 percent to 36 percent.

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