Gun lake casino revenue sharing

In a statement, Scott Sprague, chairman of the Gun Lake Tribe said This revenue sharing distribution is the result of government-to- government cooperation for the benefit of all Michiganders. 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

Revenue Sharing Board Distributes Gun Lake Casino Funds O n Wednesday, July 18, 2012, the Gun Lake Casino Local Revenue Sharing Board (LRSB) distributed $1.6 million to ten municipalities and schools near the Gun Lake Casino. The revenue sharing payments are distributed semi-annually according to the terms of the tribal-state gaming compact and are calculated on electronic gaming revenues. Gun Lake Casino | Michigan Radio The state and several local governments are getting more than $2.5 million from Gun Lake Casino. It’s the first revenue-sharing payment since the casino opened in February. More than $500,000 goes to one city, six townships, Allegan County and a public school district near the casino about 30 minutes south of Grand Rapids. 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.

Community Commitment | Gun Lake Tribe

$7.6M in Gun Lake Casino revenue shared with Michigan ... BRADLEY, MI -- A $76 million expansion of the Gun Lake Casino that opened last year is paying off for the Gun Lake Tribe -- and for the communities it shares revenue with. The casino's revenue ... Tribe makes $9M in revenue-sharing payments | 2018-12-31 ...

Gun Lake Casino pays out big: Two months of revenue ...

The state and several local governments are getting more than $2.5 million from Gun Lake Casino. It’s the first revenue-sharing payment since the casino opened in February. More than $500,000 goes to one city, six townships, Allegan County and a public school district near the casino about 30 minutes south of Grand Rapids. Tribes object to Muskegon area casino - Manistee News Nye told TV station CW7 that LRBOI’s planned casino would hurt Gun Lake Casino’s business, resulting in job losses and reduced revenue sharing, according to the report. Revenue sharing, or payment in lieu of taxes (PILT), is the distribution of 2 percent of a tribe’s slot machine profits to community organizations. Gun Lake Casino, state debate $7M payment | WOODTV.com

(Bradley, Mich.) – Today, the Gun Lake Tribe (Tribe) announced that its Gun Lake Casino (Casino) has been recognized by the Grand Rapids Business Journal as the 2017 “Newsmaker of the Year,” in Arts & Entertainment.

Revenue Sharing Board Distributes Gun Lake Casino Funds O n Wednesday, July 18, 2012, the Gun Lake Casino Local Revenue Sharing Board (LRSB) distributed $1.6 million to ten municipalities and schools near the Gun Lake Casino. . The revenue sharing payments are distributed semi-annually according to the terms of the tribal-state gaming compact and are calculated on electronic gaming reven MGCB - Tribal - State Compacts in Michigan Michigan Gaming Control Board - Tribal - State Compacts in Michigan 1993 Consent Judgment. 1993 Stipulation for Entry of Consent Judgment & Consent Judgment Gun Lake Casino halts revenue sharing to state | Allegan News 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 ... $6 million of Gun Lake Casino revenue to go towards local ...

Gun Lake Casino pays out big: Two months of revenue

Dec 11, 2017 ... The tribe shared $8.2 million in revenues with state and local governments ... Gun Lake Casino revenue sharing payment presented to local ... News | Gun Lake Tribe Gun Lake Casino Presents $100,000 to United Way for Young Readers ... Gun Lake Tribe Shares $7.6 Million in Revenue Sharing Funds with State and Local ... Casino Revenue – waytwp.org 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 ...