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Manistee, Mich. — The Little River Band of Ottawa Indians (LRBOI) presented a check yesterday to the Manistee County Local Sharing Revenue Board (LRSB) for $878,424. This second payment of 2016 brings the total amount of local revenue sharing payments to $32,147,224 since the casino opened in 1999. In June, the Little River Band gave the LRSB a check for $710,408.
The Cycle II 2016 payment represents two-percent of the slot revenues from the Tribes Little River Casino Resort over the past six months. Payments are made twice a year.
Under the gaming compact and amendment between the Tribe and the State of Michigan, the Tribe mutually agreed to make annual distributions to the LRSB, which distributes the funds to local governments and schools in the area.
Tribal Council Speaker Virgil Johnson and The Director of Hotel Operations Charmaine Stone presented a check this evening to the LRSB at the Little River Casino Resort.
“Tribal gaming continues to provide a positive economic impact to both the Little River Band of Ottawa Indians and our local community,” said Tribal Ogema Larry Romanelli. “We are pleased to see how the revenues benefit both our Tribe and our neighbors.”
The Tribe has operated Little River Casino Resort as a productive and successful gaming operation for nearly 17 years. The Little River Casino Resort is the largest employer in Manistee County providing more than 1,000 jobs and millions of dollars to local vendors.
The LRSB uses the funds to reimburse local units of governments for costs due to the casino (i.e. law enforcement and emergency services) and to provide a payment in lieu of property tax revenue. Any additional funds are then divided by the local governments and have been used to provide funding for critical needs in the local community.
The LRSB considered 20 grant applications for cycle one 2016 and was able to grant revenues to all applicants. Revenues were distributed to local public safety, schools and governments including:
The three members of the LRSB include representatives from Manistee County, the City of Manistee and Manistee Township.
Seventy-five percent of casino employees are non-Tribal members. The Little River Band has more than 4,000 enrolled members and tribal responsibility for nine counties stretching from Manistee south to Muskegon.
In addition, in accordance with the state gaming compact and amendment, the Little River Band has paid the state of Michigan more than $85 million to the Michigan Economic Development Corporation.