The Michigan Gaming Control Board (MGCB) has unanimously approved the renewal of operating licenses for Detroit’s three major commercial casinos: MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown. This annual decision follows a thorough review of each establishment’s adherence to regulations, operational integrity, and commitment to responsible gaming practices, ensuring a secure environment for patrons.
Key Takeaways
- Licenses for MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown have been renewed.
- The renewals underscore the casinos’ significant contributions to the city and state economies.
- The MGCB emphasizes the importance of fair and responsible gaming practices.
Continued Economic Contributions
The MGCB’s decision highlights the vital role Detroit’s casinos play in bolstering the regional economy. These establishments are significant contributors through taxes on wagering and sports betting, which directly fund public services and state initiatives. Licensees are subject to a 19% tax on adjusted gross receipts, with a portion allocated to the state and the remainder to the City of Detroit, alongside development agreement payments.
Regulatory Oversight and Responsible Gaming
Executive Director Henry Williams stated that the license renewals reaffirm the Board’s dedication to a gaming industry characterized by integrity and accountability. The MGCB’s oversight ensures that patrons experience fair and responsible gaming, while Michigan residents benefit from the economic value generated by casino revenues. The Board also stressed the importance of including small businesses in the casino supply chain, promoting opportunities for local vendors.
Future Outlook
Each of the three Detroit casinos will be eligible for their next license renewal in September 2026. The MGCB remains committed to ensuring fair and honest gaming to protect the interests of Michigan citizens.
