Malik's former partner and fellow founder of Detroit's MotorCity Casino, Herb Strather, has recently renewed his involvement in, and found a way to exploit opportunities with, internet gaming. Is Malik renewing his interest in online gambling ventures too?
Although both Malik and Strather are considered founders in MotorCity Casino and were reportedly instrumental in the campaign that narrowly won voter approval of gaming in Detroit; Malik and Strather were among a handful of business people who were denied gambling licenses by the Michigan Gaming Control Board and as a result were forced to sell their "shares" in MotorCity Casino before the gambling hall opened for business.
Online gambling perhaps is void of the same stumbling blocks those like Malik and Strather faced when licensing was required.
And, if Malik's entering the world of online gambling, who might his business partners be? His previous syndication partnerships have involved Detroit's Ilitch Family, Harrah's, Mandalay Resort Group, Circus Circus and others.
Malik's California casino partner Virgil Moorehead had previously entered into an agreement paving the way for his tribe, the Big Lagoon Rancheria, to set up an online gambling venture.
You may want to review these additional posts:
- Herb Strather behind new online slots featuring Motown Legends
- Michael Malik, a casino syndicator, has never been approved for gaming license
- Mashpee Wampanoag backers initiated gambling in Detroit but were never licensed
- Mashpee Wampanoag, Strather involved with Abramoff and associates
- Six dropped from Atwater Casino Group
- Three investors must sell their Detroit casino interests
- Investors have troubled histories
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