The Michigan Gaming Control Board (MGCB) has unanimously decided to extend the operating licenses for the three commercial casinos in Detroit during their latest public meeting.
As a result of this decision, MGM Grand Detroit, MotorCity Casino, and Hollywood Casino will continue to contribute to city and state initiatives through 2027.
According to existing regulations, these casinos are required to pay a 19% tax on their adjusted gross receipts from wagering. Specifically, 8.1% of this amount is allocated to the state, while the City of Detroit receives 10.9%, in addition to other payments stipulated in development agreements.
Furthermore, retail sports betting generates an additional 8.4% tax, and operators are also subject to annual regulatory fees. These collective contributions support various programs at both the city and state levels each year.
The license renewal process involved a thorough assessment of each casino's financial health and operational practices, ensuring compliance with the responsible gaming standards outlined in the Michigan Gaming Control and Revenue Act.
This vote, conducted during a scheduled public meeting, allows the three casinos to continue their operations under state oversight, ensuring that patrons can trust in the fairness of games and the accountability of operators.
Henry Williams, Executive Director of the MGCB, stated, "Each year, these renewals demonstrate that Detroit's casinos consistently meet the rigorous standards Michigan has set for integrity in operations. As the industry evolves, our commitment remains steadfast—protecting patrons, promoting responsible gaming, and ensuring this sector remains a source of pride for Michigan."
Annual reviews and renewals for Michigan's commercial casinos are standard practice, with the next review for Detroit's casinos scheduled for September 2027.