HomePublicationsNewsletter ArchiveVolume 25Issue 1GUN LAKE TRIBE DISTRIBUTES $9 MILLION IN REVENUE SHARING PAYMENTS

The Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians, commonly known as the Gun Lake Tribe, has distributed its revenue-sharing payments for the electronic gaming revenue covering the period from April 1 to September 30, 2018.  The total payments were over $9 million, with the largest share being paid to the State of Michigan’s Michigan Economic Development Corporation.  The MEDC received $5,221,249.  In addition, Gun Lake distributed $2,261,699 to the local revenue-sharing board and $1,566,375 to the tribe’s economic development entity, overseen by Gun Lake Investments.  Both the MEDC and the tribe’s economic development entity use the revenue-sharing payments to award grants to businesses that invest and create new jobs in Michigan and the Wayland Township area, respectively.  Bob Peters, tribal chairman of the Gun Lake Tribe, stated: “This revenue-sharing distribution validates development decisions made by Tribal Council and casino management to study market demand and place value on guest experience”.  Since its opening in 2011, the Gun Lake Tribe has made 16 distributions totaling over $118 million to the state and local governments. 

 

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