Board certifies MotorCity Casino for wagering tax roll back.

Board certifies MotorCity Casino for wagering tax roll back.

In action today at the MGCB's monthly Board meeting, MotorCity Casino was determined to have met all the criteria for a tax roll back established in Public Act 306 of 2004.  MotorCity is the second among the three Detroit casinos to open its permanent casino/hotel facility.

The Board approved the casino's request to be certified for a wagering tax reduction.    The State's effective casino wagering tax will decrease from 24% to 19%. The new rate reflects a State wagering tax of 8.1% and a City of Detroit wagering tax of 10.9%.

Executive Director Rick Kalm stated, "The roll back was designed as an incentive to get the permanent facilities completed and it worked."