• Authorizes three licensed commercial casinos in the City of Detroit 
• Vests the Michigan Gaming Control Board (MGCB) exclusive authority to license, regulate, and control the three authorized Detroit casinos 
• Authorizes the MGCB to promulgate necessary Administrative Rules to properly implement, administer and enforce the amended Act 
• Provides for the licensing, regulation, and control of casino gaming operations, manufacturers and distributors of gaming equipment and supplies, casino employees, and those who participate in gaming 
• Establishes licensing standards and procedures for issuance of casino licenses, casino supplier licenses, and casino employee licenses 
• Imposes civil and criminal penalties for violation of the Act 
• Authorizes and imposes certain taxes and fees on casinos and others involved in casino gaming 
• Provides for the distribution of casino tax revenue for K-12 public education in Michigan, and for capital improvement, youth programs, and tax relief in the City of Detroit 
• Creates certain funds for the operation of the Board to license, regulate and control casino gaming; and funds for compulsive gambling prevention programs and other casino-related State programs 
• Requires certain safeguards by casino licensees to prevent compulsive and underage gambling 
• Prohibits political contributions by certain persons with interests in casino and supplier license applicants and licensees to state and local political candidates and committees 
• Establishes a Code of Ethics for members, employees and agents of the Board, license applicants, licensees, and others involved in gaming

Manufacturers and suppliers of gaming related equipment, as well as certain other suppliers, are required to be licensed by the Michigan Gaming Control Board. Not only do officers, directors, managerial employees and principal stockholders need to be licensed, but any stockholder holding greater than a one- percent interest must also be licensed and are subject to investigation. The applicant is responsible for investigation fees. Michigan has a unique sliding scale for gaming supplier application fees. 

This scale is as follows: 

• $2,500 for suppliers who will enter into transactions more than $500,000 during any 12 month period. 
• $1,000 for transactions greater than $100,000 but less than $500,000 within any 12 month period. 
• $500 for transactions less than $100,000 during any 12 month period. 

In addition to the application fee, a $5,000 license fee is due upon initial issuance of the license and at each renewal. Licenses are renewable annually and gaming devices must conform to standards approved by the Board. A supplier of non-gaming related material or service, may not need to apply for a supplier's license unless the total dollar amount of business with one casino exceeds $200,000 within any 12 month period or the total dollar amount of business with two or more casinos exceeds $400,000 within any 12 month period. 

Michigan also conducts gaming on Native American land. There is no central Indian gaming authority. Rather, each tribe has its own Tribal-State Compact to work with the state to license and regulate its casino(s). The Michigan Gaming Control Board performs certain limited audit oversight functions. There are currently nine tribes in Michigan that are operating casinos through the Upper and Lower Peninsulas of Michigan. Two other tribes have compacts and are in the process of developing casinos.

Prior to 1998, seven Native American tribes possessed casinos in Michigan. These casinos, according to their compacts with the State of Michigan paid 8% tax to the State of Michigan and 2% tax to local authorities and $25,000 annually for oversight fees to the Michigan Gaming Control Board. Because, however, the Compacts required the Tribes to pay the tax only as long as they were the exclusive form of casinos in Michigan, the seven previously registered Native American casinos were no longer required to pay the 8% state tax when commercial casinos opened in Detroit. Those Tribes continue to pay the 2% local tax and the $25,000 annual oversight fee. Four Native American tribes were licensed in 1998. These tribes must, under new contracts, pay the 8% state tax, the 2% local tax and a $50,000 oversight fee to the Michigan Gaming Control Board. Additionally, tribes that are recognized after 1998 can only run one casino per tribe. Finally, whereas the legal gambling age for commercial casinos is 21, Native American casinos choose their minimum ages, but they must be 18 years or older.