In This Issue:
- THE 800-POUND GORILLA LURKING BEHIND THE I-POKER INDICTMENTS – U.S. TAX CONSEQUENCES TO ONLINE PLAYERS by Peter J. Kulick
- FEDERAL INDICTMENTS SPUR I-GAMING CONFERENCES by Robert W. Stocker II
- DETROIT CASINOS’ MAY REVENUES INCREASE FROM SAME MONTH LAST YEAR: MICHIGAN GAMING CONTROL BOARD RELEASES MAY 2011 REVENUE DATA by Ryan M. Shannon*
Excerpt from DETROIT CASINOS’ MAY REVENUES INCREASE FROM SAME MONTH LAST YEAR: MICHIGAN GAMING CONTROL BOARD RELEASES MAY 2011 REVENUE DATA
The Michigan Gaming Control Board (“MGCB”) released the revenue and wagering tax data for May 2011 for the three Detroit, Michigan, commercial casinos. The three Detroit commercial casinos posted a collective 2.7% increase in gaming revenues compared to the same month in 2010. Aggregate gross gaming revenue for the Detroit commercial casinos decreased, however, by approximately 4.2% compared to April 2011 revenue figures, continuing the trend of a similar drop in revenues between April and May in prior years.
Please see full newsletter below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.