Patrons playing slot machines at the Gun Lake Casino

Despite decline, casino sharing hits new mark

BRADLEY—Money the Gun Lake Tribe has shared with the state and with local governments has now topped $50 million.

A June 9 press release said the tribe had given the State of Michigan $6,316,920 and a local revenue sharing board $1,597,230.

That board will distribute the money to Wayland Union Schools, Allegan County, the Allegan Area Educational Service Agency, the City of Wayland and surrounding townships.

The payments are distributed twice a year; these latest numbers are calculated from the money wagered on electronic gaming from Oct. 1, 2013, to March 31, minus win-payouts.

The state receives between 8 and 12 percent of the net win, depending on the total; the local revenue sharing is 2 percent.

Gun Lake Tribal chairman D.K. Sprague said, “This revenue sharing distribution marks a very significant milestone. Today, we have given more than $50 million to state and local governments in support of many worthwhile causes.

“The tribe is proud to continue making meaningful contributions to the community.”

It has shared a total of $52,235,219.

These latest totals mark a decline in shared revenue, the lowest since fall 2011, the year the casino opened. Then, the payments were $6,241,766 to the state and $1,560,441 to  local governments.

This is only one of two payments this year, however; spring payments tend to dip while fall payments rise.

The total annual local revenue sharing by year is: $2,075,312 in 2011 (a partial year, as it opened in February); $3,278,743 in 2012; and $3,368,276 in 2013.

The local revenue sharing board has two months to distribute the money, using a formula designed to cover costs incurred due to the operation of the casino; public safety services; and replacement of tax revenue.

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