Keweenaw Bay Indian Community shares more than $1.4 million in casino revenue

Thursday, December 14, 2017

Gaming machines at the Ojibwa Casino in Baraga, Michigan, owned and operated by the Keweenaw Bay Indian Community. Photo: Ojibwa Casinos

The Keweenaw Bay Indian Community shared more than $1.4 million in gaming revenues with local and state governments in Michigan.

Twice a year, the tribe shares 2 percent of its slot machine net win with local governments. The fall payment came to $291 038.81, according to news reports.

The tribe also shares 8 percent with the state. The amount totaled $1.16 million, according to the reports.

Together, the payments totaled $1.45 million. That was comparable to the $1.5 million shared in the fall of 2016.

For 2017, the spring and fall payments came to $2.75 million.

The payments are derived from revenues at the tribe's two Ojibwa Casino facilities, both of which are undergoing expansions.

Read More on the Story:
KBIC announces their recent gaming distributions for November 2017 (WLUC December 13, 2017)
KBIC releases twice-yearly payment list (WNMU December 14, 2017)
Gambling payout (The Marquette Mining Journal December 14, 2017)