Monday, October 15, 2007

Ilitch backed NY casino at Aqueduct race track would be 4.5 times larger than MotorCity Casino

Since 2003, Marian Ilitch has been bankrolling plans by the Shinnecock Indians – they have yet to be recognized by the federal government -- to build a 65,000 square foot casino resort in The Hamptons on Long Island.

But now, the Ilitch backed tribe has come up with a new scheme: to build a 495,000 square foot casino at New York’s Aqueduct race track (more than 7.5 times larger than the casino plan announced for Long Island). The Aqueduct scheme is reported to rival two of the country’s largest Indian casino resorts: Mohegan Sun and Foxwoods.

Marian Ilitch was 25% partner in the original MotorCity Casino venture which opened in 1999 in Detroit. She acquired all outstanding shares of MotorCity Casino from MGM Mirage/Mandalay Resort Group and other minor investors in 2005 to help facilitate the merger of the two Las Vegas gambling conglomerates. Since then MotorCity Casino has undergone a $275 million renovation and expansion and the new MotorCity Casino has 100,000 square feet of gaming space according to Wikipedia. The Aqueduct proposal would be 4.5 times larger than MotorCity Casino.

Marian Ilitch and her husband Detroit Tigers/Red Wings owner Michael Ilitch hosted a fundraiser at their Detroit headquarters for former New York Mayor Rudy Giuliani’s presidential campaign in August. The event was reported to have raised as much as $345,000 for Giuliani’s campaign.

The Ilitch family and their casino syndication partner have personally contributed nearly $1 million to political campaigns in recent years.

Ilitch and partners have paid some of the most influential and most controversial D.C. lobbyists more than $3.5 million to push various Indian casino proposals since 2002.

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certainly must reads!

Ilitch has backed loosing sports teams and pizza, but casinos in Detroit? Forbes.com 10.09.06 ● Marian Ilitch #1 on "25 Most Powerful People" to Watch 2006” global gaming business o1.oo.o5 ● My Kingdom for a Casino Forbes 05.08.06 ● Big Lagoon’s casino dream awakens north coast journal 07.28.05 ● Shinnecocks launch legal claim to Hamptons land newsday.com 06.16.05 ● Ilitch Plans to Expand Casino Empire RGTonline.com 07.05.05 ● Ilitch outbids partners MichiganDaily.com 04.14.05 ● Ilitch enmeshed in NY casino dispute detnews.com 03.20.05 ● Marian Ilitch, high roller freep.com 03.20.05 ● MGM Mirage to Decide on Offer for Casino in Detroit rgtonline.com 04.16.05 ● Secret deal for MotorCity alleged freep.com 02.15.05 ● Los Coyotes get new developer desertdispatch.com 02.08.05 Detroit casino figure to finance Barstow project LasVegasSun.com 07.07.03 ● Indian Band trying to put casino in Barstow signonSanDiego.com 06.04.03 Pizza matriarch takes on casino roles detnews.com 10.23.02 ● Vanderbilt gets short straw in negotiations for a casino Lansing Journal 10.06.02 ● Indians aim to drive family from tribe in vicious dispute san diego union tribune 04.09.00 ●Malik owns 2000 Michigan Quarter Horse of the Year Michigan.gov 01.01.00 ● Detroit Team to run Michigan’s newest Indian casino detnews.com 05.23.99 Tiger ties tangle Marian Ilitch detnews.com 04.29.99 ● Three investors must sell their Detroit casino interests gamblingmagazine.com 04.25.99 ● Partners’ cash revived election; They say money was crucial to Prop-E detnews.com 04.25.99 Investors have troubled histories las vegas review journal 04.27.99 ● Investor served probation for domestic assault on 12 year old boy detnews.com 04.25.99 Can a pair win a jackpot?: local men hope to... crainsdetroit.com 03.17.97

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