Cherokee Nation shares $100M in casino revenue with state

Tuesday, March 27, 2012  

The Cherokee Nation has shared $100 million in gaming revenues with the state of Oklahoma.

The tribe shares revenues under its Class III gaming compact. From January 2005 to December 2011, the tribe paid a total of $101,033,303, The Cherokee Phoenix reported.

“The Cherokee Nation is very pleased to hit this $100 million milestone,” Secretary of State Charles Head told the paper. “This result is a perfect example of how Cherokee Nation and the State of Oklahoma can work together to achieve results that are beneficial to each government. This truly is a win-win situation.”

As of February 2011, tribes with Class III gaming compacts paid more than $569.4 million to the state, the paper reported.

Get the Story:
CN reaches $100M in gaming fees to state (The Cherokee Phoenix 3/27)