Beth LeBlanc The Detroit News Published 3:44 PM EDT May 2, 2019 Lansing — The proposed legalization of online gaming in Michigan would cost Michigan's public schools $28 million annually in revenue, a state Treasury Department official testified Thursday. The Treasury estimated that online gaming options would draw some customers away from brick-and- mortar casinos, which are taxed at a higher rate than the 8% rate proposed for online gaming. Michigan has 26 casinos, with most owned by Native American tribes but the three in Detroit run by private firms. “Even if you have that small level of substitution” from brick and mortar to iGaming “it’s a relatively large revenue impact,” Chief Deputy Treasurer Jeff Guilfoyle told the House Ways and Means Committee Thursday. Committee Chairman Brandt Iden started the committee warning members they would hear “a lot of flash, a lot of bang” and “a little bit of fear … [Read more...] about Treasury: Online gaming could cost Michigan schools $28M
Latest horse racing betting
When it comes to straight line acceleration, betting on the horse with… well, the most horsepower is usually the way to go. However, the human element also needs to be factored in, and that refers both to the reaction time and (if it’s a manual) gear changing. Let’s face it, trying to shift faster than a modern-day automatic transmission is a bit like how Go champion Lee Sedol attempted to defeat Google’s AI-powered AlphaGo software. Spoiler alert: it didn’t end well for the people’s champ. So how does that apply to this drag race between the all-new Polo GTI, Golf GTI, Golf Clubsport S and Up! GTI? The two most powerful cars here are separated by some 80 horsepower, in favor of the Clubsport S. The Golf GTI is of course second when it comes to power, followed by the latest Polo GTI, whose 2.0-liter TSI unit makes 200 PS and 320 Nm (236 lb-ft) of torque. The Polo actually put up a surprisingly good fight during the rolling start part of the race, … [Read more...] about GTIs Galore: VW Hot Hatch Family Feud Ends With Near Photo Finish
By Peter M. DeLorenzoDetroit. Needless to say, I have been inundated with emails from readers and others awaiting my take on Sergio Marchionne’s latest plan for FCA. And even though it will disappoint some, my comments will be brief. For starters, it is plainly obvious that FCA is no longer, it is now JARM (for Jeep, Alfa Romeo, Ram and Maserati). The reason Fiat, Dodge and Chrysler weren’t mentioned during the press event is that those divisions are simply going to cease to exist here. Yes, the minivan will survive, and the True Believers in Auburn Hills will churn out muscle cars as long as that plan is sustainable (which isn’t long), but Chrysler will fade away and the Fiat brand will be confined to the markets where it has a chance. (As if the Fiat dealers here in the U.S. need to be reminded, the brand never should have been brought here in the first place, and it cost them dearly because they bought into Sergio’s charade hook, … [Read more...] about THE AUTOEXTREMIST BRAND IMAGE METER VII: THE TRIFECTA OF NOT GOOD EDITION.
Have you ever seen a Tasmanian Tiger? Probably not. Neither have I, and that’s because they’re extinct. I didn’t know these even existed at all until my recent trip to Australia, where I also got to know another extinct beast a little bit better: the Holden HSV GTS. In case you haven’t been keeping up with the Australian car industry, both Holden, the local arm of General Motors, and the country’s Ford division shut down domestic production in 2017 and 2016, respectively. The Australian icons that were the Holden Commodore and Ford Falcon have gone the way of the Tasmanian Tiger. The Commodore has been a household name in Australia since it was introduced in 1978. Over the years it has evolved over four generations, becoming as culturally important to Australia as kangaroos, Kylie Minogue, and the Sydney Opera House. This year would mark the Commodore’s 40th anniversary. I couldn’t go to Australia without paying tribute to this once great … [Read more...] about This Ludicrous 750 HP Walkinshaw Holden HSV Commodore Was Australia In Car Form
Fans will wager nearly $5 billion on Sunday's Super Bowl. But for Maryland's booming casinos, a federal ban on most sports betting means the growing market remains tantalizingly out of reach.While gambling on football and other sports is legal in Nevada and three other states, the 1992 ban prevents casinos here and in the rest of the country from offering wagers on games.The industry says the prohibition has done little to stem the public's appetite — it just sends fans to offshore operators, or bookies. The American Gaming Association, a casino industry group, estimates that 97 percent of the $4.7 billion expected to be bet on the NFL championship between the New England Patriots and Atlanta Falcons "will be placed illegally."For casinos that are left out, the Super Bowl is an unpleasant annual reminder that they're missing an opportunity to connect with potential customers who passionately follow America's most popular professional sports league.Now operators in Maryland and … [Read more...] about As Super Bowl looms, Md. casinos seek share of sports betting market