Gun lake casino annual revenue

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The Gun Lake Tribe has now shared more than $98 million with the State of Michigan, which directs the payments to the Michigan Economic Development Corporation. The spring 2020 payments totaled $7.9 million. The fall revenue sharing distribution total of $5,756,234 is the lowest ever for Gun Lake Casino in a six-month period. The figures are calculated from electronic gaming revenues reported from Apto September 30, 2020. GLIMI, an economic development entity that pursues non-gaming economic development and job creation, received $987,906. The State of Michigan received $3,293,020 and the local revenue sharing board received $1,475,308. WAYLAND, MI (WKZO AM/FM) – Despite being shutdown for nearly three months at the onset of the COVID-19 pandemic, the Gun Lake Casino in Allegan County is still paying out over $5.7 million in fall revenue sharing payments.

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