Wayland, Mich. (June 7, 2022) – Gun Lake Casino’s revenue-sharing continues to make a major impact throughout the local community and the State of Michigan. The biannual payment stemming from the period of October 1, 2021, to March 31, 2022, amounted to over $7.4 million to three different recipient entities.
The State of Michigan Strategic Fund will receive over $4.1 million which will help award grants to businesses throughout the state and create jobs. Since the first payment in 2011, Gun Lake Casino has shared over $111 million with the strategic fund.
Over $1.2 million of the recent payment will impact GLIMI, a non-gaming economic development organization with both tribe and state oversight. GLIMI has seen over $19.5 million from Gun Lake Casino to date.
The local revenue share board will receive just over $2 million which continues to impact the surrounding communities around the Gun Lake Casino property. The seven surrounding local townships will receive a share of the local revenue along with Allegan County, Wayland Union Schools, and the Allegan Area Educational Service Agency. Since 2011, over $42 million has been donated through the local revenue share board.
“Over the past eleven years, these payments have done immeasurable good for communities,” said Gun Lake Tribal Chairman Bob Peters. “We look forward to continuing to be good stewards for the local community and the state of Michigan for many years to come.”
This payment brings Gun Lake Casino’s total payments to over $173 million since its opening in 2011.