Michigan tribal casinos contributions fell in 2023

Michigan tribal casinos contributions fell in 2023

Casinos gave $30.3m to local governments.

US.- Tribal casinos contributed $30.3m to local governments in Michigan last year, a decrease of $420,000 from 2022. Under regulations, tribal casinos in Michigan are mandated to allocate 2 per cent of their net win to local government bodies or revenue-sharing boards. Net win is calculated as the amount wagered minus winnings paid out to players.

See also: Michigan igaming and sports betting revenue reaches $234.8m in April

Michigan hosts 23 Class III tribal casinos operated by 12 Native American tribes. In 2023, nine of these casinos contributed more than $1m each to local governments. Certain tribes are obligated to make payments to the Michigan Economic Development Corp based on compacts and related consent judgments. This resulted in payments totalling $43.9m by four tribes in 2023, a decrease from the previous year’s $52.7m.

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