HomePublicationsNewsletter ArchiveNewslettersVolume 22Issue 37Keweenaw Bay Indian Community Announces 2% And 8% Distributions

On December 13, 2016, Keweenaw Bay Indian Community (“Tribe”) announced its bi-annual payment to state and local governments. Payments are derived from the Tribe’s Class III slot machines and two percent is allocated to local units of government while eight percent is allocated to the Michigan Economic Development Corporation.

According to uppermichigansource.com, the two percent payments are made in May and November. From April 1 through September 30, the Ojibwa Casino Resort-Baraga distributed $134,608.61 throughout Baraga County and the Ojibwa Casino-Marquette distributed $172,572.67 throughout Marquette County. In total, the tribe shared $307,181.28 with local governments.

Additionally, the November payment of eight percent to the Michigan Economic Development Corporation totaled $1,228,725.12 with the Ojibwa Casino Resort-Baraga sharing $538,434.44 and the Ojibwa Casino-Marquette sharing $690,290.68.

Based upon the Tribe’s 2% payments, yearly revenue through November, 2016 for Ojibwa Casino Resort-Baraga and Ojibwa Casino-Marquette totaled $11,697,928 and $14,924,427.50, respectively.

 

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