Update 11:50pm: In his victory speech Governor-elect Rick Snyder says he'll apply business principals to resolve Michigan's economic troubles, including tax cuts and smarter regulation:
Update 10:39pm: Virg Bernero talks to crowd at party
Update 10:09pm: Virg Bernero has conceded defeat. He's giving a speech now.
Update 9:30: Detroit Mayor Dave Bing says crowd needs to show Virg Bernero the "love and respect" he deserves when he comes down to make his speech.
Update 9pm: Democrat Virg Bernero is not prepared to concede defeat in his race for Michigan's Governor. Bernero spokesman Cullen Schwarz says the democrats want to wait and see real results.
8:49pm: It appears Republican candidate Rick Snyder will be the next governor of Michigan. Media outlets are using early returns and exit polls to call the race for Snyder shortly after the polls closed. State Rep. Brian Calley is the Republican candidate for lietenent governor. He also says it looks like the Republican ticket has won:
"From Calument to Niles to right here in Detroit, this clear, positive, forward-looking vision for Michigan has won out over the politics of the past and the fights of yesterday."
Calley's job in the Snyder administration would be to work as the governor's liason to the Legislature. There's no word of a concession from the campaign of Democratic nominee Virg Bernero.