HomePublicationsNewsletter ArchiveVolume 19Issue 1Gun Lake Casino Local Revenue Sharing Payment Details Announced

Recently, revenue sharing payments from the Match-E-Be-Nash-She-Wish Band ofPottawatomi Indians’ (Gun Lake Tribe) Gun Lake Casino were disbursed to local governments. The semi-annual distribution provided the state with more than $7 million, while local governments and municipalities received $1.6 million. The local payments are calculated based on 2 percent of net win from electronic gaming devices, while the state payment is based on a sliding scale from 8 to 12 percent, based on gaming revenue earned between April 1, 2012 to September 1, 2012.

The payments to the Local Revenue Sharing Board are distributed to local municipalities for costs incurred due to the operation of the casino, public safety services, and replacement of property tax revenue.

The amounts of the latest disbursements are as follows:

· Dorr Township - $13,616.00

· Hopkins Township - $13,616.00

· Leighton Township - $13,616.00

· Martin Township - $13,616.00

· Wayland City - $13,616.00

· Yankee Springs Township - $13,616.00

· Allegan Area Education Services Agency - $123,281.00

· Allegan County - $330,327.88

· Wayland Township - $391,493.32

· Wayland Union Schools - $745,998.00

The payments are made under the terms of the tribal-state gaming compact and do not include charitable donations. The Gun Lake Tribe noted that since the Gun Lake Casino opened two years ago, the Tribe has now shared a total of $27,136,145 with state and local governments.

Gun Lake Casino opened in February 2011 and currently employs more than 800 individuals. For more information about the Gun Lake Casino, please visit www.gunlakecasino.com.

 

Upcoming Events

Casino Job Board

Official Publications

 

RMC Legal

Visit our other website below: