TVT has welcomed more than 40,000 unique vistors

The citizen activists behind TVT wish to extened a big "THANK YOU" to all those who have provided "tips" -- contributed pictures, documents, link suggestions, comments and helped us with verifications -- since we started the blog in 2006.

We invite feedback and constructive comment and want you to know you are welcome to do that here in "comments" or by contacting us directly and confidentially via allverifiable@gmail.com

TVT celebrated the first day of its second year on 11.28.07; and the same day MotorCity Casino celebrated the "soft opening" of its 400-room hotel; and the same day TVT passed a milestone with its first 21,ooo unique visitors.

Also at http://verifiable-truth.spaces.live.com/

Friday, August 15, 2008

Malik and Vigliotti had formed MV Property Holdings LLC hoping to sell land to MGM Grand Detroit

Attorney William D. Serwer filed corporate documents in February 2002 establishing a Michigan limited liability company known as MV Property Holdings, LLC. Documents filed with the U.S. Attorney indicate that entity was a venture between Detroit casino syndicator Michael J. Malik, Sr. (aka Mike Malik, Michael Malik) and Ralph Vigliotti Realty, Inc. (R. Thomas Vigliotti).

Apparently Malik & Vigliotti had secured land in downtown Detroit that they were hoping to flip and sell to Las Vegas-based gaming giant MGM for future development of the MGM Grand Detroit.

Serwer signed documents disolving MV Property Holdings, LLC on 12.30.02.


MGM Grand Casino In Detroit Thrives While Others Falter

8.14.08

The city of Detroit is not any different than others in the United Stats. Whether or not their Red Wings won the Stanley Cup, they still are dealing with tough economic times.

Their casinos are following a trend throughout the country of revenue loss. While two of their casinos had revenue figures decrease from July of 2007, MGM Grand Detroit saved the day by posting a revenue increase.

MotorCity Casino had a decrease of 7.26 percent from last year in July. Their revenue of $39.6 million was down from $42.7 million last year.

Greektown Casino experienced a much more drastic drop in revenue. Their $25.4 million dropped off 13.2 percent from July of 2007. The two casinos are following the national norm for casinos.

MGM did not have such problems. They took in $50.5 million in revenue, an increase of a whopping 22.25 percent. That increase is unusual at a time where the economy is hurting almost every casino in the country.

Fuel prices have been cited at many of these casinos as the reason for revenue decreases. People have also been losing their jobs which is resulting in less gamblers having the money to frequent these casinos.


Wednesday, August 13, 2008

Controversy seems to follow Detroit's Michael Malik

A glimpse at some of the controversies surrounding Detroit casino syndicator Michael Malik:

  • Malik was arrested for beating his girlfriend’s 12-year-old son. (1997) Detroit News

  • Malik was denied a gaming license by the MGCB (1999).

  • Malik failed to report a $26,500 political contribution and was fined on two counts of violating California election law. (2004)

  • Malik’s use of political contributions to leverage influence with Members of Congress, including former Rep. Richard Pombo and Rep. Don Young, have been scrutinized by the national media. (Since 2005)

  • Malik’s failure to report numerous political contributions under penalty of perjury and irregularities in reporting lobbying payments are currently under investigation in California. (2006)

  • Malik's former mistress, Heather Lufkins Robinson (she subsquently married NBA player Clifford Robinson) filed a property claim suit against Malik alleging he had purchased a home for her while he was still married. A judge tossed out the claim when it became clear that the former mistress had previuosly perjured herself to help Malik hide assets from his former wife during their divorce proceedings.

  • Malik’s partnership with the Los Coyotes Band of Indians was terminated by the tribe’s well-respected chairwoman who called Malik “the Devil and indicated he was “seducing” younger members of her tribe. (2007)

  • Malik continued to ignore political finance disclosure laws and failed to report a $5,000 contribution to the Democratic Party. (2007)

  • Malik faces charges in a Florida Federal District Court brought by a court appointed Receiver alleging Malik’s involvement in a $2.1 million fraudulent transfer. (2008)

  • Malik was found guilty by an Arizona court of illegally discharging a firearm. Could result in up to four months in jail and two years probation. (2008)

Mike Malik is Mrs. Marian Ilitch's casino gaming partner. Ilitch owns Detroit's MotorCity Casino and is involved in other gaming development activities.

Wikipedia: Michael J. Malik, Sr.

originally posted 8.07.08


Ilitch partner found guilty on firearms charge in Arizona


8.08.08

According to a report by an Arizona newspaper, Detroit casino syndicator Michael J. Malik, Sr., has been found guilty in Arizona court on one count of unlawfully discharging a firearm and will be sentenced for the violation on August 15.

The charges against Malik stem from a 2007 elk hunt in which it was alleged that Malik had strayed onto private property and was shooting his firearm within close proximity of other people's homes.

Michael Malik is an associate and partner of Marian Ilitch and other members of the Detroit-based Ilitch family. Ilitch Holdings, Inc. is the parent company of such household name brands as Little Caesars Pizza, the Detroit Tigers baseball team, Detroit Red Wings NHL franchise and Detroit's MotorCity Casino.
Among other things, Mike Malik is the owner of the 1,000 acre Paradice Hunt Club in Davison, Michigan.


MotorCity Casino revenues drop again; down for 12-months despite new facilities

8.13.08


    ...Revenues show strain
    The economy's strain on Detroit's casinos is evident in the latest revenue numbers:

    • For MotorCity, year-to-date revenues are down 1.6 percent through July, and 7.26 percent last month alone compared to a year ago. The dips are particularly noteworthy because the casino last year didn't have its larger, renovated gaming hall and new hotel to attract gamblers.

    MotorCity officials said they don't comment on specific revenue numbers, but spokeswoman Jennifer Kulczycki said that the end of construction and renovation on the property later this year will have a positive impact on the casino's bottom line.

    "We're wrapping up construction right now," she said. "We're excited to show Detroit a completely brand new MotorCity Casino. We think it will leave a very good impression on our guests." (Complete Story)


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certainly must reads!

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