HomePublicationsNewsletter ArchiveVolume 19Issue 32Gun Lake Issues Local Revenue Sharing Payment

On Wednesday, November 20, 2013, the Match-E-Be-Nash-She-Wish Band of Pottawotomi Indians (“Gun Lake Tribe”) announced details of its fall revenue sharing payments to the state and local governments. According to the announcement, the State of Michigan received $7,105,664 while the local revenue sharing board received $1,684,347. The semi-annual payments are distributed pursuant to the terms of the tribal-state gaming compact, which are calculated from electronic gaming revenues. The figures noted above reflect the reporting period from April 1, 2013 to September 30, 2013.

“We are proud to announce the Gun Lake Tribe has shared over forty-four million dollars with state and local governments, schools, law enforcement and civic groups,” said D.K. Sprague, Chairman for the Gun Lake Tribe. “February will mark our third anniversary and the future is bright.”

Under the tribal-state compact, the local revenue share is based upon 2 percent of net win from electronic gaming devices, while the state payment is calculated on a sliding scale between 8 and 12 percent.

 

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