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Indianz.Com > Nottawaseppi Huron Band pays off gaming loan four years early

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Openings and Closings
Nottawaseppi Huron Band pays off gaming loan four years early
Tuesday, August 24, 2010  

michigan
nhbpi
revenue sharing
The Nottawaseppi Huron Band of the Potawatomi of Michigan paid off a $35 million gaming loan four years early.

The tribe secured the financing to buy 2,680 slot machines for the FireKeepers Casino. Just a year after opening the facility, the tribe earned enough to pay the debt in full.

The casino took in $96.5 million in slot machine revenues from August 2009 through December 2009, The Kalamazoo Gazette reported. A portion of the revenues goes to local communities.

Get the Story:
Casino pays back loan four years ahead of schedule (WWMT-TV 8/23)
Governments' casino checks coming soon (The Battle Creek Enquirer 8/24)
Tribe pays off $35 million loan for FireKeepers Casino four years early (The Kalamazoo Gazette 8/23)
FireKeepers Casino pulled in $96.5 million from its slot machines in five months (The Kalamazoo Gazette 8/24)

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