Pokagon Band holds back gaming revenues

The Pokagon Band of Potawatomi Indians is holding back more than $19 million in gaming revenues promised to state and local governments in Michigan.

The tribe agreed to share 8 percent of slot machine revenues with the state and 2 percent with local governments. But a dispute over the tribal-state compact and the makeup of a local revenue-sharing board has tied the money up.

The compact issue has been resolved but the $15.6 million owed to the state remains in an escrow account, The South Bend reported. Another $3.9 million for local governments is still in dispute.

The Four Winds Casino opened in August 2007. It reportedly pulls in $24.4 million a month.

Get the Story:
Four Seasons casino payments yet to come (The South Bend Tribune 9/1)