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)
(The Marquette Mining Journal December 14, 2017)
Bay Indian Community shares $1.3M in gaming revenues (June 14, 2017)
Bay Indian Community shares update on casino work (May 25, 2017)
Bay Indian Community hiring for $40M casino upgrade project (April 7,
Bay Indian Community shares $1.5M in casino funds (December 14, 2016)