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July 07, 2004

Report says tribes shared $760M with states

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The $16 billion tribal casino industry shared $759.4 million with 16 states last year, according to a report being released today by the Analysis Group Inc..

Tribes in Connecticut shared $396.4 million with the state, the report said. The tribes pay 25 percent of slot machine revenues.

Tribes in California contributed $131.6 million under compacts signed in 1999. New agreements signed by five tribes promise more revenues to the state.

The rest of the states on the Analysis Group list received far less. In Arizona, which has new compacts with an 8 percent sharing rate, the state got $42.9 million. New York was next with $39.0 million, followed by New Mexico at $36.9 million.

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Weighing Casino Cash vs. Problems (The Los Angeles Times 7/7)
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