from an earlier tracking post at The American Policy Roundtable:
Little Caesars' Marian Ilitch and her itch for gambling
"Although Ilitch owns most of her ventures jointly with her husband, the casino is an exception. As owner of the Tigers, Mike Ilitch is prohibited by Major League Baseball rules from owning any gambling interests. Ilitch, who currently owns 25 percent of MotorCity, is paying $525 million for the 53.5 percent stake in the casino owned by Mandalay Resort Group. One of three Detroit casinos, MotorCity is being sold because of the pending merger between MGM Mirage Inc. and Mandalay. MGM already owns Detroit's MGM Grand Casino, and Michigan law prohibits the company from owning more than one casino in the city. Ilitch also is buying an 11.5 percent stake held by Atwater Entertainment, a group of more than 100 local investors, for $106 million, and the remaining 10 percent from another local investor, Tom Celani, for an undisclosed amount"
The mission statement of the American Policy Roundtable and each of its state-based operations remains the same: To restore traditional Judeo-Christian principles to American public policy.
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