Little River Casino Revenues

The Little River Band of Ottawa Indians, which owns the Little River Casino Resort, paid $991,000 to the Manistee County Local Revenue Sharing Board. The amount, which is 2 percent of slot machine net win for a six month, corresponds to annual slot net win of $99.1 million from the Little River Casino Resort. This compares to anticipated annual slot net win at the newly opened Four Winds Casino of $167.5 million.

Administrative Complaints Cause Four Winds To Withhold Local Tax Payments

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.

MGM Grand Detroit and Four Winds Casino Added To Our Companion Site

We have added information regarding Four Winds Casino and the permanent MGM Grand Detroit Casino, which is adding a poker room for the first time, to our companion site, Michigan Poker Resources. We will be adding important new content and information to Michigan Poker Resources in the coming weeks, so stay tuned.