The act and rules direct the board to deny licenses for occurrences of: To protect the integrity of gaming, the board considers the suitability of a person or entity as defined in the act and administrative rules when issuing a license.

The Michigan Gaming and Revenue Act requires the Detroit casinos to purchase, lease or acquire goods or services covered by state gaming rules only from a licensed supplier. “Greektown Superholdings' payment to the county’s broker not only violates gaming licensing requirements but seems like an unnecessary expense,” Kalm said.

Greektown failed to report the transaction and the use of a real estate agent without an MGCB license or licensing exemption. pay the county’s broker to handle the land swap although the casino management firm already had paid its own broker’s fees. An MGCB investigation revealed Wayne County required Greektown Superholdings Inc. The casino’s previous owners, Greektown Superholdings Inc., violated the casino’s licensing requirements in 2011 by paying a $420,000 broker fee to a real estate firm without an MGCB-issued license. The current casino management team has improved business practices and taken measures to ensure compliance in all aspects of operations.” “Under its previous management, Greektown Casino failed to fulfill several licensing, promotional, gaming law and board order requirements.

“Greektown Casino’s current management has stepped up and handled violations that occurred before its tenure,” said Richard Kalm, MGCB executive director. The largest single fine of $150,000 was related to a land swap transaction with Wayne County in 2011. Detroit - The Michigan Gaming Control Board today ordered Greektown Casino, L.L.C., to pay $529,500 in fines by approving an acknowledgement of 25 violations that occurred between late 20 prior to current ownership and management of the casino.

Greektown casinos