The entire State Wagering Tax (8.1 percent of the casinos' AGR) is deposited into the School Aid Fund for statewide K-12 classroom education. The State/City Wagering Tax totals 19 percent of the three casinos' AGR.

****Due within 20 days of the anniversary of each casino's original licensing date and typically based on 1.25 percent of adjusted gross receipts State/City Wagering Tax No single casino's share shall exceed 1/3 of the total Annual State Services Fee. *** Adjusted annually by Detroit Consumer Price Index. ** Additional costs for investigations may be incurred The three commercial casinos in the City of Detroit have met the criteria for the P.A. From the AGR, a casino pays fees and taxes, employee wages and benefits and other costs related to operating a casino.

* Adjusted Gross Receipts (AGR) is gross receipts less winnings paid to wagerers. Municipal Services: 1.25 percent of adjusted gross receipts or $4 million (whichever is greater) x 3 casinos (Payable Annually)* State Services: Total annual assessment for preceding year x Detroit consumer price index for preceding year*** Licensing: $0.025 million x 3 casinos (Payable Annually) FeesĪpplication: $0.05 million x 3 casinos ** (One-Time Fee)

The casinos' development agreements with the City of Detroit may require additional wagering tax payments. State: 8.1 percent casinos' adjusted gross receipts (AGR)*

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