Gaming machines at the Hard Rock Hotel and Casino in Tulsa, Oklahoma, owned by the Cherokee Nation. Photo from Facebook
Tribes in Oklahoma shared a record $132 million in gaming revenues with the state, according to a new report. The amount shared in fiscal year 2016 was 3 percent higher than the year prior, the state Office of Management and Enterprise Services said on Wednesday. Increases were seen in revenues from Class III electronic devices and from table games. "The record amount is not only good news for Oklahoma education funding, but also continues an upward trend since the first decline two years ago," the report stated. In total, tribes reported nearly $2.2 billion in Class III revenues at their facilities, according to the report. Their Class III gaming compacts require them to share a portion with the state. Since 2004, when voters approved the Class III gaming, tribes have shared more than $1.1 billion with the state. Read More on the Story:
State record set for tribal gaming revenues (Non Doc 10/12)
Oklahoma gaming revenue up three percent during statewide recession (The Tulsa World 10/13)
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