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Michigan Gaming Control Board approves license renewals for three Detroit casinos10 November 2020(PRESS RELEASE) -- The Michigan Gaming Control Board today approved the renewal of casino licenses for MGM Grand Detroit Casino, MotorCity Casino and Greektown Casino Hotel. The board voted 3-0 to accept the renewal recommendation from MGCB staff. The fourth board member was absent. A commercial casino license is issued for a one-year period in Michigan. All licenses are renewable annually after payment of the $25,000 license fee and delivery of an annual report which includes information required under rules promulgated by the MGCB. Agency staff conduct investigations each year to determine whether the casinos’ licenses may be renewed. Investigators and financial analysts examine reputational issues, integrity, capitalization, compliance, problem-gambling programs and ability to operate and maintain a casino. |