Casino planned near Metro Airport
A Native American tribe from the UP are planning to build a casino at 275 and Sibley Road in Huron Township, a couple a miles south of Metro Airport. The same tribe is also planning a casino in Lansing which is farther along in the development process.
The three casinos in Detroit have already reported declining revenue since last year due to casinos opening in Ohio. Will two more closer casinos hurt Detroit's three even more and would it even make that much of a difference for the city?
http://www.mlive.com/business/detroi...be_target.html
Yes it will cannabalize casinos
Quote:
Originally Posted by
animatedmartian
http://www.mlive.com/business/detroi...be_target.html
A Native American tribe from the UP are planning to build a casino at 275 and Sibley Road in Huron Township, a couple a miles south of Metro Airport. The same tribe is also planning a casino in Lansing which is farther along in the development process.
The three casinos in Detroit have already reported declining revenue since last year due to casinos opening in Ohio. Will two more closer casinos hurt Detroit's three even more and would it even make that much of a difference for the city?
Practically no casino anywhere in the US is "making money/profits". That's why Las Vegas has rides and big stage shows. The casinos built are cannabilizing. Same thing is happening in Illinois. But nobody cares. There's no new product under the sun that people can turn to to make money.
A quick rundown on the SCOTUS case and more
The court case with the small tribe opening a casino in Vanderbilt is State of Michigan v.Bay Mills Indian Community, http://www.scotusblog.com/case-files...ian-community/
The history: Bay Mills [[my tribe) received a settlement in a land claim. There was a stipulation in the agreement that the money could be used to increase tribal land holdings. This was done by purchasing the property in Vanderbilt on which the small casino was built.
There was some intertribal wrangling about this as other tribes feared the competition with their casinos, and between them and the state, a case was made to enjoin Bay Mills to close the casino. Though this was done, Bay Mills didn't go down without a fight. The result is the above ruling, which held, very reluctantly, that the state of Michigan could not sue the tribe. The majority ruling handed down a whole bunch of lifelines to the state to use against the tribe, including sue the individuals. The ruling did not address the land claim issue, so as far as I can see, the land is still in limbo as tribal land.
This is why the Sault Band is working with BIA to put their land in trust, to avoid that limbo status. Or they may not have had the same land claim issue that Bay Mills has re: Using land claim reimbursement to buy the land making it tribal land without having to put it in trust.
The intertribal wrangling continues as at least one tribe is joining in the fray over the Lansing casino.
The Greektown casino land was put in trust and as far as I know is technically Indian land unless it was revoked or given up in the transfer.