HomePublicationsNewsletter ArchiveNewslettersVolume 20Issue 5FireKeepers Casino Hotel Issues Revenue Sharing Payment

Today, Friday, February 14, 2014, the Nottawaseppi Huron Band of Potawatomi Indians (“Tribe”)  issued a $5.3M revenue sharing payment to the Firekeepers Local Revenue Sharing Board (“LRSB”), which is an increase from the $4.9M issued last year.

Notably, in December of 2012, the FireKeepers Casino Hotel opened it new hotel expansion. The eight-story, 242-room, hotel includes an indoor pool, exercise facility, business center, and a 17,500 square-foot event center.

According to the Tribe’s Gaming Compact with the State of Michigan, the Tribe provides two-percent (2%) of its net win from electronic gaming devices to the LSRB. The payments are designed to compensate local units of government for increased public service costs associated with the operation of the Firekeepers Casino Hotel.

The LSRB consists of representatives appointed from Calhoun County, Emmett Township, and other local units of government. Revenue payments are distributed to local public safety organizations, and other local units of government. Historically, payments have also been used to support local road and public utility offices, schools, community colleges, libraries, and medical facilities.

Firekeepers Casino Hotel opened in August of 2009 and features 2,900 slot machines, 70 table games, a 242 room hotel, and a variety of dining, retail, and entertainment outlets. Between 2010 (the first full year of the casino’s operations) and 2013, the Tribe has contributed an average of approximately $4.9 Million per year to local units of government.

 

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