Odawa Casino helps Michigan funds
The tribe in charge of the Michigan casino has contributed with more than US$443k to Emmet County.
US.- The Little Traverse Bay Bands of Odawa Indians revealed that it has recently presented a payment of more than US$443k to Emmet County in line with the revenue sharing agreement signed with state and local governments. The payment was the second semi-annual that the tribe contributed to the county in 2017.
As local media Petoskey News reported, in the last couple of years the total revenue sharing with the state and local governments totals more than US$8 million. Eric McLester, general manager of Odawa Casino, said: “We are extremely proud that we are able to make such great contributions to our local area. Not only are we able to uphold the nearly 550 jobs it provides to local citizens, both tribal and non-tribal, but the money Odawa Casino is generating and delivering to the county goes directly back into the local community.”
The gaming compact signed with Michigan officials establishes that the tribe gives 2 percent of the net revenues from its electronic gaming operations for local revenue sharing. The tribe has been sharing revenue for almost 20 years, which is used to support education, public safety and infrastructure projects.
