Monday, December 12, 2011

Casino Syndicator Couldn't get a Michigan Gambling License; Yet he's Worthy of a Stanley Cup Championship Ring?

Is Michael Malik sporting a Stanley
Cup Championship ring?
If controversial character Michael J. Malik, Sr. isn't affiliated with Ilitch Holdings, Inc., Olympia Entertainment, Olympia Development, the NHL Red Wings or any of the other Ilitch companies, why is it he apparently sports a 2008 Stanley Cup Championship ring?  His reputation suggests he's a rather dishonorable character but apparently someone thinks he's worthy of an NHL Stanley Cup Championship ring.

Malik, who holds himself up to have been, along with Mrs. Marian Ilitch, one of MotorCity Casino's founders, failed to receive a Michigan gambling license in 1999, reportedly due to character and tax issues; and it was reported Marian Ilitch arranged a buyout of Malik's interest in the casino necessary before the Gambling Commission would allow the gambling hall to open its doors. Not licenseable as a proprietor of a gambling hall but worthy of a Stanley Cup ring?

The terms of his "buyout" with Ilitch have never been revealed publicly. Clearly there's something controversial involved.  However, since being formally pushed out of MotorCity Casino, Malik has made his offices in the executive suites at Ilitch Holdings, Inc.'s Fox Theater headquarters. Some consider him to be Mrs. Marian Ilitch's political bag man and others even say he's her Consigliere.  Certainly he plays "bad cop" to her "good cop."

Despite more than a decade of legal and personal problems that pile upon the reasons he failed to get a Michigan gambling license, it has been reported that Malik is partners with Ilitch in various unfulfilled schemes to build an Ilitch gambling empire expanded to New York, California and Hawaii.

However, because of the often controversial, even illegal, nature of Malik's activities, it's always denied that he's directly affiliated with Ilitch Holdings or any of its venerable subsidiary brands.  Yet he's worthy of wearing a Stanley Cup ring?

No wonder some people he attempts to influence, intimidate or even bully walk away from meetings with Malik thinking he's part owner of the Detroit Red Wings. Or is he? And is that why he's sporting a championship ring?  Was Red Wings ownership a part of the buyout of his MotorCity Casino interests?

1 comment:

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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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