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MGM Lays Off 150, Blaming Casino Tax Increase

DETROIT -- The MGM Grand Detroit Casino said Tuesday that it is laying off 150 workers because of an increase in Michigan's casino tax from 18 percent to 24 percent.

The casino tax increase was part of a state effort to close a gap in Michigan's budget for fiscal 2005, which begins Oct. 1. The increase took effect Sept. 1.

MGM Grand Detroit employs 2,250 people.

Greektown Casino eliminated 182 jobs last month, citing the tax. The city's third casino, MotorCity, has not decided what steps to take, said spokesman Tom Shields.

Copyright © Las Vegas Sun. Inc. Republished with permission.

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