HomePublicationsNewsletter ArchiveVolume 26Issue 23Gun Lake Revenue Sharing Tops $7.9 Million
This week, the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians (“Gun Lake Tribe”) issued a press release and announced details of its spring revenue sharing payments. The State of Michigan received $4,419,006 and the local revenue sharing board received $2,209,503. GLIMI, an economic development entity, received $1,325,702. The figures are calculated from electronic gaming revenues reported from October 1, 2019 to March 31, 2020.  
 
The Gun Lake Tribe has now shared $144,291,552 with state and local governments over nineteen (19) distributions. Of this total, more than $95 million has been shared with the State of Michigan, which directs the payments to the Michigan Economic Development Corporation. The MEDC in turn awards grants to businesses to invest in Michigan and create jobs.  
 
The Local Revenue Sharing Board receives and administers the semi-annual payments. The gaming compact prescribes mandatory funding to local municipalities for: costs incurred due to the operation of the casino; public safety services; and replacement of tax revenue. The Board established by-laws to govern the distribution process. The local payments are made under terms of the gaming compact independent of gaming exclusivity.  
 
“This is the most important revenue sharing distribution we have ever made because it comes at a time when all units of government are dealing with terrible financial impacts due to the global pandemic,” said Bob Peters, Chairman of the Gun Lake Tribe. “The next revenue sharing distribution will suffer a dramatic loss due to the casino closure, followed by limited operations upon reopening.”  
 
The Gun Lake Casino announced that it will reopen to the public on June 8, 2020. The Casino closed on March 16, and when it reopens there will be limited slot machines and table games to adhere to social distancing and other safety plans. Non-gaming amenities such as the Harvest Buffet will remain closed until further notice. The loss of revenue has negatively impacted the Tribe, its employees, and many local municipalities.  
 
The Tribe recently commissioned an economic impact study that revealed the tribal government, Gun Lake Casino and other subsidiaries contributed $1.5 billion to Michigan’s economy in the first seven years of gaming operations. In total, the Tribe employs nearly 1,300 individuals within the government, gaming and investment operations. The Tribe’s annual direct payroll is over $48 million. Another $36 million is spent by the Tribe annually on goods and services that are purchased from Michigan-based companies.  
 
The Tribe’s construction of the Gun Lake Casino, as well as numerous government facilities, resulted in a total construction budget of $236 million. This construction activity contributed $142 million to Michigan’s economy and created 1,439 construction jobs.  
 

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