For the third year in a row, casino revenue sharing payments from the Grand Traverse Band of Ottawa and Chippewa Indians in Michigan have declined.
Twice a year, the tribe shares 2 percent of slot machine revenues with local governments. The payments are at their lowest level in more than a decade, The Leelanau Enterprise reported. “The economy of the state is contracting and the entire country is facing a recession,” the tribe’s general counsel, John Petoskey, told the paper. “Business is down everywhere and it’s disappointing for everyone.” The most recent payment was $927,378, the lowest since 1997. Get the Story: