HomePublicationsNewsletter ArchiveNewslettersVolume 23Issue 20GUN LAKE TRIBE ANNOUNCES REVENUE SHARING PAYMENTS

On June 1, 2017, The Gun Lake Tribe (“Tribe”) announced the details of its spring revenue sharing payments. According to the Tribe’s press release, the State of Michigan received $3,744,3951, the local revenue sharing board received $1,872,475, and GLIMI, an economic development entity, received $1,123,485. Revenue sharing payments are distributed semi-annually under terms of the tribal-state gaming compact and the figures are calculated from electronic gaming revenues reported from October 1, 2016 to March 31, 2017. 

 “Our team members at the casino deserve a lot of credit for their outstanding contributions to the strong results for this revenue sharing distribution,” said Scott Sprague, Chairman of the Gun Lake Tribe. “The construction team is also recognized for their professionalism which allowed for seamless operations during the last year while the expansion was built.”

According to the Tribe, the Gun Lake Casino opened in February 2011 and now employs more than 1000 team members and has shared a total of $93,368,258 with state and local governments over twelve distributions.

 

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