HomePublicationsNewsletter ArchiveNewslettersVolume 21Issue 38Saginaw Chippewa Tribe to Disburse 2 Percent Funds

The Midland Daily News recently reported that today, Friday, November 20, 2015, the Saginaw Chippewa Indian Tribe (“Tribe”) will disburse its semi-annual two percent distribution derived from electronic gaming machines at it properties, Soaring Eagle Casino and Resort, and the Saganing Eagles Landing Casino.  Based upon the figures released by the Tribe, it generated approximately $150M in electronic gaming revenue during the six-month period.

The Tribe will be distributing $2,167,592.05 in Isabella County and another $780,037.01 in Arenac County and Norther Bay County. There were a combined 401 requests for funds made by local governments and local schools.

“This process is an opportunity for us to share some of our good fortune while alleviating some of the needs within our community,” stated Tribal Council Chief Steve Pego. “I am proud of the funding that we have provided in the past and am very hopeful for the opportunities in the future.”

The 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 properties. Eligible disbursements include those to local law enforcement, public safety organizations, schools, and other public and charitable groups. 

 

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