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| Tribal Casino Slot Revenue Payments & Slot Information |
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Tribal Slot Revenue Payments
Payments are required to be made by each Michigan Tribe operating a casino. These payments are paid directly to the
Michigan Economic Development Corporation and/or local government pursuant to the terms of either the 1993 Federal Court Consent Judgment between the State and the Tribes, or subsequent respective 1998 and 2007 Tribal-State Compacts. The payments are calculated based on the total net win from electronic games of chance for each tribe.
Net win is defined as the
total amount wagered on each electronic game of chance, minus the total amount paid to players for winning wagers at such machine
.
The tribes operating under the 1993 Federal Court Consent Judgment between the State and the Tribes (1993 Tribal-State Compact) are required to make semi-annual two percent (2%) payments directly to local units of government.
Currently, only one (1) of the tribes under the 1993 Tribal-State Compact (there are seven tribes) is required to make a payment to the Michigan Economic Development Corporation due to a land agreement.
The tribes operating under the 1998 and 2007 Tribal-State Compacts are required to make
two percent payments to a designated Local Revenue Sharing Board. There are three Local Revenue Sharing Boards (Manistee, Emmet, & Berrien Counties) that disburse two percent funds. These tribes are also required to make separate payments pursuant the terms of their respective Compacts to the Michigan Economic Development Corporation.
Spreadsheets - (PDF- Format):
2% of Slot Revenue Payments to Local Units of Government
*
Net Win Payments to Michigan Economic Development Corporation (MEDC)*
Number of Tribal Casino Slot Machines
*
*The payments, as provided for under the terms of the Stipulation for Entry and Consent Judgment, and number of machines
were calculated by the MGCB based on information provided by theTribes and/or Michigan Strategic Fund and are not intended to be a presentation in conformity with generally accepted accounting principles. In addition, the payment amounts and number of machines, as presented, have not been audited and/or reviewed by the MGCB.
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