HomePublicationsNewsletter ArchiveNewslettersVolume 21Issue 5Tribal Entities Release Revenue Sharing Payments

This week, the Nottawaseppi Huron Band of Potawatomi Indians (“Potawatomi”) and the Grand Traverse Band of Ottawa and Chippewa Indians (“Grand Traverse Band”) made revenue sharing payments to local units of government in accordance with their respective gaming arrangements with the State of Michigan.

Each tribe allocates two percent of its annual net win from electronic games of chance to local units of government to offset costs related to the operation of their casino property. Eligible disbursements include those to local law enforcement, public safety organizations, schools, and other public and charitable groups. 

Potawatomi Revenue Sharing Payments

On Friday, February 13, 2015, the Potawatomi awarded the FireKeepers Local Revenue Sharing Board (“Board”) $5,004,207 in accordance with its gaming compact with the State of Michigan. The Board, established to review, approve, and disburse the revenue sharing payments to qualified local entities, will be accepting applications for funding until February 27, 2015 and will make final disbursements by May 8, 2015.

In a statement released by the Potawatomi, Tribal Council Chairman Homer A. Mandoka stated that “[t]he success of our business ventures instills not just pride in the members of the Nattawaseppi Huron Band of the Potawatomi, but also allows for shared benefit across the community we have fostered here in southwest Michigan. We have come a long way in a relatively short amount of time, and I can attribute that growth to the vast amount of effort and vision set forth by the tribe’s leadership.”

The Board makes one distribution per year based upon the prior year’s total net win from electronic games of change. Last year, the Potawatomi provided a total of $5,266,401 to the Board.

Grand Traverse Band Revenue Sharing Payments

On Wednesday, February 11, 2015, the Grand Traverse Band announced the award of $882,523 in allocations to 55 applicants in accordance with a federal consent decree entered by the US District Court for the Western District of Michigan entered in 1993. The award represents two percent of  electronic gaming revenue received between June and December 2014.

According to the Grand Traverse Band, the tribe received requests from eligible local entities totaling $2,472,661 across 101 applications. Awards were provided to local county governments for corrections facilities, medical and emergency equipment, youth and athletic organizations, and other public purposes.

The Grand Traverse Band makes two revenue sharing payments per year, with the most recent award representing the first payment in 2015. The previous payment, for the period ending May 31, 2014, totaled $689,600.

 

Upcoming Events

Casino Job Board

Official Publications

 

RMC Legal

Visit our other website below: