The Gun Lake Tribe has now shared $118,368,404 with state and local governments over sixteen (16) distributions. Gun Lake Casino opened in February 2011 and now employs over 1,000 team members. The local payments are made under terms of the gaming compact independent of gaming exclusivity. The Board established by-laws to govern the distribution process. 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 Local Revenue Sharing Board receives and administers the semi-annual payments. The MEDC in turn awards grants to businesses to invest in Michigan and create jobs. The Tribe has now shared more than $80 million with the State of Michigan, which directs the payments to the Michigan Economic Development Corporation. The market area includes the cities of Grand Rapids, Kalamazoo, and Lansing, as well as the entire counties of Kent, Kalamazoo and Ingham, among others.

The Tribe’s state revenue sharing payments are dependent on the continued preservation of exclusive gaming rights within its competitive market area, as defined by the tribal-state gaming compact, which also includes statewide expansion of certain lottery games. The Tribe’s annual economic impact contributes $228 million to the state’s economy while supporting 2,600 jobs. Last week, the Tribe released the findings of an economic impact study, developed by the Innovation Group, showing the tribal government, Casino and Gun Lake Investments added $1.5 billion to Michigan’s economy from 2011-2017.

“Our economic impact study confirms that our success supports thousands of great jobs while providing substantial benefits to Michigan’s economy.” “This revenue sharing distribution validates development decisions made by Tribal Council and casino management to study market demand and place value on guest experience,” said Bob Peters, Chairman of the Gun Lake Tribe. The figures are calculated from electronic gaming revenues reported from Apto September 30, 2018. GLIMI, an economic development entity, received $1,566,375. The State of Michigan received $5,221,249, and the local revenue sharing board received $2,261,699. (Bradley, Mich.) – Today, the Gun Lake Tribe (Tribe) announced details of its fall revenue sharing payments.

James Nye Gun Lake Casino’s 2017 Expansion Continues Increase in Revenue Sharing Gun Lake Tribe Shares $9 Million with State and Local Governments

Gun lake casino expansion