By Julie Moraine

Industry

Henry Williams Appointed as MGCB’s Executive Director

April 26, 2021

The Michigan Gaming Control Board (MGCB) saw a change at the helm last week after Gov. Gretchen Whitmer appointed Henry L. Williams, Jr. as executive director to replace long-serving Richard Kalm. “With the nomination of Henry Williams, I am confident that the board will continue protecting and advancing the interests of Michiganders and the state.” […]

By Julie Moraine

Sports

Michigan Just Days Away from Going Live with Online Wagering

January 18, 2021

Online sports betting operators are eagerly awaiting the green light from the Michigan Gaming Control Board (MGCB) to go live as the state’s gambling laws and competitive tax rates promise a lot of opportunities for them revenue-wise. Going Live Anytime Last week, MGCB executive director Richard Kalm said at the board’s monthly meeting that a […]

By Melanie Porter

Casino

Detroit’s Casino Industry Suffers 56.1% Revenue Drop in 2020

January 14, 2021

The Michigan Gaming Control Board reports a 56.1% year-on-year casino revenue drop in 2020 as a consequence of the pandemic. Michigan Casino Industry Suffers Losses The Michigan Gaming Control Board (MGCB) has announced a staggering 56.1% year-on-year drop in revenue in Detroit’s three casinos for 2020. According to the MGCB’s report, Detroit’s casino revenue for […]

By Julie Moraine

Legal

AGS Acquires Provisional iGaming Supplier License in Michigan

December 17, 2020

Commercial gaming supplier AGS announced yesterday it acquired a provisional iGaming supplier license by the Michigan Gaming Control Board (MGCB) to provide proven and engaging online gaming content to state licensed operators. “We are excited about being awarded our provisional iGaming license in Michigan and look forward to helping the state launch its new iGaming […]

By Julie Moraine

Business

MotorCity Expands on Debt amid Fears of Second Closure

October 28, 2020

MotorCity Casino Hotel in Detroit is making provisions in case a second lockdown on the business is imposed. The Ilitch-owned gambling establishment got an approval from the Michigan Gaming Control Board (MGCB) during a special meeting Monday to expand on its revolving credit facility and overall finance model. MGCB Unanimously Approved the Plan The casino […]

By Julie Moraine

Business

Detroit Casinos’ September Revenues Drop, Paying Less Tax

October 18, 2020

The Michigan Gaming Control Board (MGCB) released Wednesday the September revenue figures for the commercial casinos in Detroit, reporting a year-over-year drop in slot and table game verticals. MGM Grand Detroit, MotorCity Casino Hotel, and Greektown Casino-Hotel generated $87.9 million in gambling revenues, plus another $4.4 million in adjusted receipts from sports betting. The reported […]