Michigan tribe hands out net slots earnings
The Saginaw Chippewa Indian Tribe announced that they distributed US$3 million to governments.
US.- The Saginaw Chippewa Indian Tribe from Michigan said that they handed out more than US$3 million as part of the annual distribution of net earnings from slots. The numbers represent 2 percent of slot revenues.
The US$3 million also include payouts from more than 5000 slots featured in the Soaring Eagle Casino And Resort from Isabella County and Arenac Countu’s Saganing Eagles Landing Casin. Frank Cloutier, Tribal Council Chief for the Saginaw Chippewa Indian Tribe, said: “The Tribal Council takes great pride in being able to award over $3 million to our local schools and governments this autumn. We remain committed to maximizing these dollars by making sure that the impacts can be felt by members in all communities. We are able to help create state-of-the-art learning environments by providing the latest technology in our local schools preparing all youth to become our future leaders.”
The tribe signed a deal with the state back in 1993 where they came to an agreement of semi annually distribute 8 percent of the slot earnings to local communities.
