Your Source For Michigan Gaming News

Since 1997, the Michigan Gaming website has been a comprehensive resource regarding gaming in the state of Michigan. This site is an RMC Ventures, LLC publication, with contributions by the original creators of the site, Attorney David Waddell and Gaming Analyst Robert Russell, and additional contributions by J.J. Burchman, and Blaine DeGracia.

Mr. Waddell and Mr. Russell are also associated with Regulatory Management Counselors, P.C., which proactively assists clients in managing regulatory issues in an effort to maximize company profits and avoid legal problems.

Volume 22, Issue 16

May 20, 2016

Printable Version

 

MICHIGAN’S FIRST CLASS II GAMING FACILITY TO OPEN NEXT WEEK IN MACKINAW CITY

According to the St. Ignace News, next Wednesday, May 25, 2016, the Little Traverse Bay Band of Odawa Indians (“Tribe”) will hold a ribbon cutting ceremony for its newly constructed 5,000 square foot Odawa Casino Mackinaw. Following the ceremony, the Class II casino will open its doors to the public. The casino will operate weekdays from noon to 10 p.m.  and weekends noon to midnight.

The facility will feature Class II casino games, which under federal law, may offer bingo, pull-tabs, and similar games. However, the casino will not have house-banked card games nor slot machines.

The Tribe has made several attempts to open a gaming facility on its land near Mackinaw City. The most recent attempt was an October request made to the Mackinaw City Village Council for their approval of a Class III casino with 64 slot machines, which was denied by a 4-3 vote. Prior to this, the Tribe had sought and been denied local approvals twice since 2003.

Local approvals are necessary for a Tribe to construct a Class III, casino-style gaming facility; however, the current Class II facility does not require such approvals under federal law.

The Tribe currently operates the Odawa Casino Resort in Petoskey. Under the Tribe’s Tribal-State Gaming Compact, the Tribe may build a second facility on land holdings in Emmet or Charlevoix Counties. The second facility, however, must first receive the approval of the local unit of government affected by the development.

 

$25,000 A YEAR FOR LIFE LUCKY FOR LIFE WINNING TICKET EXPIRES; PRIZE GOES TO STATE SCHOOL AID FUND

Last week, the Michigan Lottery announced that a $25,000 a year for life Lucky For Life winning ticket expired and the cash value of the prize – $390,000 – went to the state School Aid Fund.

Lucky For Life tickets are valid for one year from the date of the drawing. It is the first major Michigan Lottery draw game prize to go unclaimed in 2016.

According to the Michigan Lottery, the record for an unclaimed Lottery prize in Michigan is $34 million. It was set in 1998, when a winning Michigan Lotto game ticket, sold at the Meijer located at 1350 West Lake Lansing Road in East Lansing, went unclaimed.

 

AMERICAN GAMING ASSOCIATION ADDS EIGHT NEW MEMBERS; INCLUDING MICHIGAN’S FIREKEEPERS CASINO

On Wednesday May 18, 2016, The American Gaming Association (“AGA”) announced the addition of eight new members, three of whom are new board members. Specifically, the new members are AGS, Cherokee Nation Entertainment and Delaware North while the five additions to general membership include Acres 4.0, American Casino & Entertainment Properties, FireKeepers Casino, NYX Gaming and Genius Sports.  Of the AGA’s 75 members, FireKeepers Casino joins other Michigan-based members including: MGM Resorts International, MotorCity Casino Hotel, and Regulatory Management Counselors, P.C.

Since January 2015, AGA’s membership has increased by more than 50 percent. This growth is largely the result of a significant shift in the organization’s membership and governance structure wherein tribal gaming operators were invited to join commercial operators, casino suppliers and allied members. This change took effect in late 2014.

“AGA’s growing membership across every sector of the gaming industry positions us to effectively advocate for the most pressing issues we face,” said Geoff Freeman, AGA president and CEO. “Gaming’s big table – made up of Tribal and commercial operators, casino suppliers, allied members – is uniting the industry and driving consensus on the most important industry issues.”

The American Gaming Association is the premier national trade group representing the $240 billion U.S. casino industry, which supports 1.7 million jobs in 40 states. AGA membership extends to commercial and tribal casino operators , suppliers and numerous other entities affiliated with the gaming industry.

 

REGISTER TODAY: FREE TITLE 31 WEBINAR TO BE HELD JUNE 16, 2016

On June 16 2016, a Title 31 Compliance Webinar assembled by experts in Anti-Money Laundering, will be held to enhance the casino industry’s awareness of the Federal Anti-Money Laundering (“AML”) regulations. The Michigan Gaming Newsletterhas partnered withthe State Gaming Associations in Colorado, Indiana, Illinois, Iowa, Louisiana, Mississippi, Missouri and Nevada to sponsor the webinar event.

Content of the webinar will feature information on Know Your Customer Investigations/Customer Due Diligence, Common Regulatory and Internal Control Violations, Culpability of Executives and Management Teams, Data Mining for Suspicious Activities, Chip Walking, General Currency Transaction Report (CTR) and Suspicious Activity Report (SAR) Compliance Advice, as well as any Regulatory Changes in Policies and Regulations.

Whether involved with government affairs, the legal environment, or directly with compliance, this webinar will be advantageous to you in helping provide comprehensive solutions to common AML compliance issues along with the knowledge to keep your casino free of violations.

Submit your questions to be included in the Q/A session of the webinar to Info@casinowebinar.com.

To register, or for more information, please visit www.casinowebinar.com.

 

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