Visualizing tribal gaming revenue
In our latest story about the state’s share of tribal gaming revenue, we included an interactive map of tribes across the state and how much their gaming operations contributed to state coffers.
I’ve now added the map to our Right to Know page under the “Maps” section.
I’ve also gone back and made a chart of the same information, broken down by tribe:
Source: Oklahoma Office of State Finance
It’s important to note that these amounts are what each tribe pays to the state from its gaming profits. The share is negotiated under the state’s Tribal Compact, which began in 2004 and expires in 2020. (Oklahoma voters approved State Question 712 in 2004.)
While each tribe might have negotiated slightly different terms, the model compact provides for the following fees paid to the state:
2. The fee shall be:
a. four percent (4%) of the first Ten Million Dollars ($10,000,000.00) of adjusted gross revenues received by a tribe in a calendar year from the play of electronic amusement games, electronic bonanza-style bingo games and electronic instant bingo games,
b. five percent (5%) of the next Ten Million Dollars ($10,000,000.00) of adjusted gross revenues received by a tribe in a calendar year from the play of electronic amusement games, electronic bonanza-style bingo games and electronic instant bingo games,
c. six percent (6%) of all subsequent adjusted gross revenues received by a tribe in a calendar year from the play of electronic amusement games, electronic bonanza-style bingo games and electronic instant bingo games, and
d. ten percent (10%) of the monthly net win of the common pool(s) or pot(s) from which prizes are paid for nonhouse-banked card games. The tribe is entitled to keep an amount equal to state payments from the common pool(s) or pot(s) as part of its cost of operating the games.
–Paul
Written by Paul Monies
Follow @pmonies
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Well these figures kind of slap down the complainers who say “Well those Indians don’t share with the State”.