Gun lake casino revenue sharing

In Michigan, the Gun Lake Tribe has seen revenue from its Gun Lake Casino grow by nearly 25 percent. The federally recognized tribe attributed the swell to the $76 million expansion of its Wayland casino that broke ground in January 2016 and opened on May 3, 2017.

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Gun Lake Tribe attributes expansion to revenue growth In Michigan, the Gun Lake Tribe has seen revenue from its Gun Lake Casino grow by nearly 25 percent. The federally recognized tribe attributed the swell to the $76 million expansion of its Wayland casino that broke ground in January 2016 and opened on May 3, 2017. Receipts and Distribution of Indian Casino Revenue By of Pottawatomi Indians (known as the Gun Lake Tribe) also requires two percent of net win to be paid to a Local Revenue Sharing Board. In 2017, twelve tribes operated casinos in Michigan under the 1993, 1998, or 2007 Compacts. Historical data through 2016 on the two percent payments made by these tribes to their respective Form W-9 Request for Taxpayer - Gun Lake Casino Wayland …

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The Gun Lake Tribe says state and local governments are getting more than $6 million from the casino's spring revenue sharing payments. The money comes from gaming receipts at the Gun Lake Casino ... Boards and Commissions - CLRSB The Gun Lake Casino Local Revenue Sharing Board (LRSB) exists to comply with the terms of a Compact between the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians (the Tribe) and the State of Michigan providing for Tribal Class III gaming by the Tribe in Wayland Township of Allegan County. Michigan Lottery's move to online games leads to rift with ... The Gun Lake Tribe discontinued payments in June, and up to $60 million in revenue-sharing for state economic development efforts hangs in the balance if other tribes follow suit. Despite decline, casino sharing hits new mark | Allegan News

GAINING MOMENTUM: West Michigan tribes open doors to business ...

The Gun Lake Tribe is disputing the state of Michigan regarding the terms of their compact and ceased making its bi-annual payment on June 1. According to a statement by Michigan Economic Dev­elopment Corporation CEO Steve Arwood, the withholding has had an impact of approximately $7 million to the Michigan Economic Development Corporation’s current operating budget, and staff cuts are being evaluated. Gun Lake Revenue Sharing | Fox17 Gun Lake casino is giving back millions of dollars to the local community and the state of Michigan as part of it’s spring revenue sharing payment. Gun Lake Tribe’s Fall Revenue Sharing Payments Exceed $6.9 Million Gun Lake Casino opened in February 2011 and now employs more than 800 team members. The Gun Lake Tribe has now shared $86,627,347 with state and local governments over twelve (12)

In May, Gun Lake Casino announced its expansion of gaming offerings was set to include a new poker room. Four months later, the poker room is a reality.

Three Tribes Oppose Michigan's Muskegon County Casino Mar 23, 2019 ... Tribal Trio's Objections Slow Down Casino Project in Michigan ... on Gun Lake Casino business, resulting in reduced revenue sharing and job ... About Gun Lake Investments And Their History Of Local Leadership ... Gun Lake Investments is the result of a long-term strategy to build a diverse and ... the Tribal Council created GLI to manage its non-gaming investments. ... GLIMI will receive 15% of the revenue share between the Tribe and the State to invest ... Michigan Gaming Control Board Overview - Michigan House of ... Indian Gaming revenues include only electronic gaming devices (slots); revenues for .... **The Gun Lake Tribe withheld revenue sharing payments due to the ...

Gun Lake Casino in Dispute with Michigan Over $7 Million Payment Gun Lake Casino in Dispute with Michigan Over $7 Million Payment ... it was clear that Internet lottery sales would result in elimination of the Tribe’s state revenue sharing payments ... Gun Lake Tribe surpasses major gaming milestone in Michigan Recently, the Match-e-be-nash-she-wish Band of Pottawatomi Indians or Gun Lake Tribe located in Shelbyville, announced details of its fall revenue sharing payment, which saw the tribe surpass $100 million in gaming revenues shared in the State of Michigan. Gun Lake Casino | Michigan