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Tribe makes nearly $7M in revenue-sharing payments
A tribe in the region has distributed millions in revenue-sharing payments to the state and local governments.
The Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians, or Gun Lake Tribe, said this winter it paid out nearly $4 million to the State of Michigan, about $1.8 million to the local revenue-sharing board and almost $1.2 million to GLMI, an economic development entity.
Revenue-sharing payments are distributed semi-annually under the tribal-state gaming compact and include figures calculated from electronic gaming revenues from April 1, 2016 to Sept. 30, 2016.
“This revenue-sharing distribution is the result of government-to-government cooperation for the benefit of all Michiganders,” said Scott Sprague, chairman, Gun Lake Tribe. “The state revenue-sharing payments help to fund economic development projects beyond West Michigan, while the local revenue-sharing payments is important for municipal services and public education.”
Tribal revenue sharing
The Gun Lake Tribe agreed to share a percentage of its electronic gaming revenues with the State of Michigan when it entered into a gaming compact in 2007.
In July 2016, the tribe and state agreed to a partial settlement, ratifying an interpretation of the compact, which directed a portion of Gun Lake Casino state revenue sharing to GLMI, which is managed by the state and the tribe’s economic development arm, Gun Lake Investments.
The state payments are dependent on continued preservation of the tribe’s exclusive gaming rights within its competitive market area, which includes the counties of Kent, Kalamazoo and Ingham, among others.
The gaming compact mandates funding to local municipalities for costs incurred by casino operations, public safety services and replacement of tax revenue.
The tribe said it has now distributed about $86.8 million with state and local governments across 12 payments.
Gun Lake Casino
Owned by the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians and operated by the tribe’s management partner, MPM Enterprises, Gun Lake Casino in Wayland opened in 2011 and employs more than 800 people.
The casino features more than 1,600 slot machines, 33 table games, a food court and a 225-seat café, along with bars, lounges and live entertainment.