The Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians, better known as the Gun Lake Tribe, based in Wayland, Michigan, recently announced it paid the state $9 million in revenue-sharing proceeds. The money came from electronic gaming revenue from the tribe’s Gun Lake Casino between April 1 and September 30, 2018. To date, the tribe has shared $118,368,404 with state and local governments through more than 16 distributions.
Gun Lake Tribe chairman Bob Peters said, “This revenue-sharing distribution validates development decisions made by tribal council and casino management to study market demand and place value on guest experience.”
The payment was divided with the state of Michigan receiving $5,221,249, the local revenue-sharing board receiving $2,261,699 and GLIMI– an economic development entity overseen by the state and the tribe’s economic development arm, Gun Lake Investments–receiving $1,566,375.
The state forward its payments to the Michigan Economic Development Corporation, which awards grants to businesses to invest in Michigan and create jobs.
Opened in 2011, Gun Lake Casino provides jobs for more than 1,000 employees.
