As further evidence that money can cause disputes, the Pokagon Band of Potawatomi Indians Tribe, which owns the Four Winds Casino, is withholding its required 2% payment to local governments while the local governmental entities continue to fight with each other and the Tribe over the composition of the board that will distribute the local payment.
The Tribe has instead deposited the local revenue payment for the first two months of operation of the casino into an interest-bearing escrow account, until the dispute with the local board is resolved.
One interesting note from the articles is that based upon the local revenue payments, which are 2% of net win from electronic gaming (presumably slots), the Four Winds Casino is estimating its annual net win from slots at approximately $167.5 million.
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