Friday, April 11, 2008

Michigan's Gun Lake Compact Could Be the Model for Other Negotiations

More analysis of the Michigan tribal casino situation:


The Gun Lake Tribe's compact may be a model for agreements to be renegotiated in the next four to five years, according to James Hill, professor at Central Michigan University.

The compact is different from earlier agreements in three major ways. The tribe agreed to share revenue on an increasing scale, beginning with eight percent and rising to 12 percent of slot machine revenues, calculated on gross revenues. As the tribe makes more, it pays the state a higher percentage.

For more information please see Lynn Stevens, Casinos: New compact could be model, Business Review Western Michigan, via Mlive, April 10, 2008.

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