Two casino initiatives in the state of Michigan are being proposed by opposing groups. These two groups are currently working to collect signatures from potential supporters. This is so these initiatives can get on the ballot for the November election.
The first group that is looking to get on the ballot is Michigan is Yours. The group, which is endorsed by the mayor of Benton Harbor and the former Detroit Gaming Commissioner, is looking to add seven new casinos in the state. These include casinos in Detroit, Flint, Benton Harbor and even in Detroit International Airport. The group is also looking to get sports betting to be allowed in these casinos.
The second group in question is Racing to Save Michigan. The group, which is led by a number of executives for assorted racetracks in the state, is looking to add casinos in a different manner. It wants to add three new casinos in Michigan along with casino games to all five racetracks in the state.
Both groups have differing tax proposals. The Racing to Save Michigan plan would involves casinos having thirty percent of their gross revenues taxed. The Michigan is Yours campaign is proposal a tax level of only nineteen percent.
Both groups will need to get petitions with 386,000 signatures on them before they can be added to the ballot. The deadline to receive these signatures is July 5.
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