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TRIBAL CASINO PASSES $150 MILLION MARK IN REVENUE SHARING IN MICHIGAN BY MIBETS' BRIAN PEMPUS

MIBets

The Gun Lake Tribe last week announced figures from its fall revenue-sharing payments with the state of Michigan, which comes as the tribe, along with others, moves to see the launch of online gambling — sports betting and Michigan online casinos — in the early part of 2021.

According to the tribe, the Wolverine State received $3,293,020 and the local revenue sharing board received $1,475,308.

GLIMI, an economic development entity created by the tribe, received $987,906. The figures were calculated from electronic gaming revenue reported from April 1 to Sept. 30, 2020.

According to the tribe, the fall revenue-sharing distribution total was the lowest ever for Gun Lake Casino in a six-month period. The culprit was the coronavirus, which caused Michigan casinos to close earlier this year. Many have closed again in recent weeks, though the Gun Lake Casino remains open.

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