HomePublicationsNewsletter ArchiveVolume 25Issue 34LITTLE RIVER BAND OF OTTAWA INDIANS DISTRIBUTES REVENUE SHARING PAYMENT TO LOCAL GOVERNMENTS

The Little River Band of Ottawa Indians (“Tribe”) recently announced that it has delivered a check for $966,852 to the Manistee Local Revenue Sharing Board representing local revenue sharing payments from the Tribe’s Little River Casino Resort.  Revenue sharing payments represent 2% of the slot revenues received from the Little River Casino Resort and are distributed every six months.  With the recent distribution, the Tribe has distributed $37,253,850 to local governments since the casino opened in 1999. The Local Revenue Sharing Board utilizes the payments to reimburse local governments for costs incurred as a result of the casino’s operation, such as law enforcement and emergency services as well as to provide payments in lieu of local property tax revenue. Any remaining funds are then distributed by the local governments for other critical needs in the community.

The Tribe also announced a $50,000 oversight payment to the Michigan Gaming Control Board/Michigan Economic Development Corporation for the period covering October 1, 2018 through September 30, 2019.  In total, the Tribe has paid the State of Michigan $105 million since the Tribe began gaming. 

Tribal Ogema Larry Romanelli stated: “The Little River Band of Ottawa Indians (LRBOI) is pleased the Manistee Local Revenue Sharing Board allocates grant funding to local agencies and organizations that will benefit our community. This revenue stemming from the local revenue contributions generated from our Little River Casino Resort continues to show how gaming provides a positive economic impact to both our tribe and local community.”

 

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