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Oklahoma tribes share $900M in gaming revenues with state


Filed Under: Compacts | Public Relations
More on: cherokee, economy, oklahoma, revenue sharing
   

The Hard Rock Hotel & Casino in Tulsa, Oklahoma. Photo from Facebook

Oklahoma tribes have shared nearly $900 million in gaming revenues over the last decade, the Associated Press reports.

Voters legalized Class III gaming through State Question 712 in 2004. At the time, the state anticipated about $71 million a year from tribal facilities.

Tribes have far surpassed those expectations. They now operate more than 110 casinos, the most in any state.

To mark the milestone, the Cherokee Nation will hold a ceremony with former governor Brad Henry (D), who signed the initial Class III gaming compacts. The ceremony takes place at the Hard Rock Hotel & Casino Tulsa.

As of 2012, the tribal casino market in Oklahoma grew to $3.7 billion, up from $501.6 million in 2002, according to Casino City’s North American Gaming Almanac.

Get the Story:
$900 Million Collected From Tribal Gaming Compact Over Ten Years Is Above Estimate (AP 11/13)

Related Stories:
Tribal casino market in Oklahoma goes from $501M to $3.7B (11/12)

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