Michigan regulator votes to extend Detroit casino licenses
| By Daniel O'Boyle
The Michigan Gaming Control Board has voted to renew the licenses of all three commercial casinos in the state.
MGM Grand, MotorCity Casino and Hollywood Casino Greektown – all located in Detroit – will be permitted to operate for another year with the new licenses, after all receiving unanimous approval from commissioners.
“A casino license is a privilege granted by the state of Michigan,” said Henry Williams, MGCB executive director. “Board members and agency staff take seriously our responsibilities when reviewing this privilege each year as required by law.”
All three licensees will continue to be taxed at 18% of adjusted gross receipts. The state receives 8.1% of revenue, and the city of Detroit receives 9.9%.