Detroit Casino News - 2009


October 19, 2009

Caesars Windsor, located in Windsor, Ontario, Canada, announced that it will be laying off 120 full-time and part-time employees. The job losses will affect both union and non-

union employees. Several part-time jobs and one full-time position will be created as a result of the layoffs.

October 14, 2009

The Michigan Board of State Canvassers unanimously approved ballot petition language that seeks to authorize eight new casinos in Michigan. The ballot proposal provides for five of the casinos to be placed at the state’s five horse race tracks, and three new commercial casino licenses to be issued by the Michigan Gaming Control Board.

October 13, 2009

At the public meeting of the Michigan Gaming Control Board (“MGCB”), Executive Director Rick Kalm announced the implementation of a new program uniting the MGCB, Michigan State Police, Michigan Liquor Control Commission, and the Michigan Lottery in the fight to end illegal and unregulated gambling in the state. In his report to the MGCB, Mr. Kalm said individuals can either call the anonymous tip line at 1-888-314-2681 to report illegal gambling activities, submit tips electronically via email to MiGamblingTip@michigan.gov, or visit the MGCB website at: http://www.michigan.gov/mgcb/0,1607,7-120-54347---,00.html. Mr. Kalm also made clear during his presentation that confidentiality is a top priority.

September 14, 2009

State Representative Fred Durhal, Jr. (D-Detroit) announced House Joint Resolution BB, a plan seeking to enact a “Michigan College Tuition Act,” a proposed plan aimed to assist students competing for jobs by providing free college tuition for Michigan’s high school graduates.

September 11, 2009

According to The Detroit News, the casino MGM Grand Detroit is no longer being offered for sale after potential buyers showed a lack of interest.

September 8, 2009

The Michigan Gaming Control Board (“MGCB”) adopted Board Resolution 2009-01, which modifies certain provisions relating to Vendor Exemption and Waivers for Supplier Licensing Requirements in connection with businesses that work with the three Detroit casinos. The MGCB has updated its website with an overview of the new policies based on the adoption of Resolution 2009-01.

July 27, 2009

Caesars Windsor, located in Windsor, Ontario, laid off 100 full-time and part-time employees, citing recently implemented U.S. passport requirements at the border among the reasons for the reduction. The indefinite lay offs came from the casino’s food and beverage department. Windsor’s Canadian Auto Workers Local 444, the union representing Caesars Windsor employees, fears more job cuts may be coming by the end of summer.

June 17, 2009

Michigan Attorney General Mike Cox announced charges against 12 owners and employees of restaurants near Flint, Michigan, who are allegedly responsible for operating illegal casinos. The arrests were the result of efforts by the Michigan State Police, the Michigan Gaming Control Board and the Attorney General’s office to thwart illegal gaming operations in the state.

Woodward Dream Cruise officials announced that MotorCity Casino Hotel would be the lead sponsor for the cruise. “The Woodward Dream Cruise presented by the MotorCity Casino Hotel” will be held Saturday, August 15, 2009.

June 1, 2009

Starting today, the United States government will start requiring U.S. citizens traveling in the Western hemisphere to provide either a passport, or one of five other forms of secure identification, at land and sea ports as proof of citizenship.

May 26, 2009

The Michigan State House approved House Bill 4377 (HB 4377) which would ban smoking in public places and places of employment, and in food service establishments (such as restaurants, cafeterias, food courts in shopping malls, and bars). Under the legislation as passed by the House exceptions would be made for cigar bars and tobacco specialty retail stores, for gambling areas of the Detroit casinos, and for home offices. The bill now goes to the state Senate for consideration.

April 29, 2009

The House Committee on Regulatory Reform held a public hearing to take testimony of House Bill (HB) 4377, a measure which proposes a statewide smoking ban, but provides exceptions to this ban for casinos and cigar bars. This House Committee held a series of hearings on this issue in March, and Committee members further took a number of site tours to bars, restaurants, and the Detroit Casinos to examine the impact that such a measure would have on these businesses. However, the Committee had yet to vote on HB 4377.

April 24, 2009

The House Committee on Regulatory Reform announced that it will hold a hearing at noon on Wednesday, April 29 2009 to take testimony on House Bill 4377, which is a bill that seeks to ban smoking in public areas in Michigan.

April 4, 2009

The Wall Street Journal reported that MGM Mirage has hired investment banking firm Morgan Stanley to assist it in the potential sale of two properties, the MGM Grand Detroit Casino and the Beau Rivage in Biloxi, Mississippi.

March 25, 2009

MGM Grand Detroit President and COO Lorenzo Creighton provided testimony to the House Regulatory Reform Committee regarding a proposed statewide smoking ban. Mr. Creighton testified that a statewide smoking ban in public places would cut casino business by 11 to 22 percent in the first year of implementation, based on industry figures reflected when similar bans went into effect in Delaware, Illinois, Colorado and Windsor, Ontario.

Supporters of a proposed petition to permit casino gaming facilities in the cities of Cleveland, Cincinnati, Toledo and Columbus, Ohio, re-submitted language to Ohio Attorney General Richard Cordray. Previous casinos petition language, which was submitted by the Ohio Jobs and Growth Committee, was ruled as too vague by Attorney General Cordray.

February 19, 2009

Greektown Casino announced changes to the management board that governs its operation. Two new members have been appointed, subject to final approval by the Kewadin Gaming Authority. Greektown Casino’s new management board consists of:

• Darwin Joe McCoy. Mr. McCoy is the elected Chairman of the Sault Ste. Marie Tribe of Chippewa Indians, the majority owners of Greektown Casino.

• Louis Glazier. Mr. Glazier is an attorney and certified public accountant who works at Franklin Advisors, LLC, a Farmington Hills-based financial consulting and corporate restructuring firm.

• Jacob Miklojcik. Mr. Miklojcik works as a casino industry analyst, and provides financial and other business planning services to clients across the country, through Michigan Consultants, a Lansing, Michigan consulting firm.

February 12, 2009

Greektown Casino opened its new 30 story, 400 room hotel and welcomed guests for the first time. The new hotel is offering special introductory rates as low as $99 per night, and brings an influx of much needed new hotel rooms to the City of Detroit in time for the NCAA Final Four and other upcoming events. The new hotel is the last major step in the completion of Greektown’s permanent casino complex, which now includes 100,000 square feet of gaming floor, 2,600 slot machines, a buffet, steakhouse, and other restaurants and lounges. Greektown recently added many new slot machines, and has brought in a new management consultant to work on enhancing relationships with its customers.

January 5, 2009

Greektown Casino announced that it has selected The Fine Point Group, a Las Vegas-based gaming consulting firm, to help improve operations and boost profitability.

 





 

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