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Michigan Governments Receive First Payment From FireKeepers Casino

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The FireKeepers Casino near Battle Creek, Michigan, was supposed to bring millions of dollars in tax revenue to the state and local governments. This past week, the governments received their first share of the revenue that has been generated.

The Nottawseppi Huron Band of the Potawatomi announced this week that a payment has been made in the sum of $1,933,683.41 to the FireKeepers Local Revenue Sharing Board. The money will now be distributed to the City of Battle Creek, Athens Township, the City of Marshall, Emmett Township, and Calhoun County.

The tribe agreed to pay two percent to the board annually. The tribe reached that agreement in a Class III Gaming Compact, and after their first few months of operation, they have upheld their end of the deal.

In addition to the money given to the Board, the State of Michigan also will receive their share of the casino's winnings. Under the terms of the Compact, the tribe will pay Michigan four percent of the total gross revenue.

Michigan was among the states that was hit the hardest by the economic recession. The money generated from the casino will go to the Jobs for Michigan Investment Fund. The state is trying to recover after their famed auto industry collapsed amidst the economic climate over the past couple of years.

The FireKeepers Casino opened in August and has made millions of dollars in revenue in just five months of operation. The casino is expecting even bigger numbers this year with the economy building back up in the state and throughout the US.

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