The Pokagon Band of Potawatomi Indians and the state of Michigan agreed to revisions to the revenue-sharing provisions in the tribal-state compact.
The compact requires the tribe to share 8 percent of revenues to the state. But payments were held up due a dispute over the state's Keno game.
The tribe has agreed to pay $15 million immediately to the state to settle the dispute. The revenue-sharing level at the Four Winds Casino will drop to 6 percent.
But if the tribe opens any new casinos, the tribe will share 8 percent from those facilities.
Get the Story:
More casinos?
(WKZO 10/21)
Compact amendments give Pokagon Band two more casino sites (Business Review Western Michigan 10/20)
Deal paves way for 2 local casinos (WOOD 10/20)
Two more casinos could be coming to West Mich. (WMMT 10/20)
Compacts
Pokagon Band makes new revenue-sharing deal
Tuesday, October 21, 2008
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