Casino General News

The city of South Bend nets 1.2 million dollars through its casino revenue sharing deal

Earlier in the week, the city of South Bend announced that, as part of its revenue sharing agreement with the Pokagon Band of Potawatomi, it has received $1.2 million from the company.

Even before the construction could begin on the $400 million Four Winds Casino and tribal village, as per provisions of the deal, that was signed back in 2016, it had a clause in which it was mentioned that Pokagon Band of Potawatomi would have to pay one percent of gaming machine revenue in lieu of property taxes.

The casino was officially launched in January on a 166-acre property.

According to a statement given by The tribe, it said that the revenue and tax-sharing arrangements with the city bears resemblance with the other three Michigan communities where it operates Four Winds Casinos.

According to Matt Wesaw, Chairman of Pokagon, “The fact that this investment is in our homeland makes it very important to us. We are well aware that strong healthcare facilities and schools are really crucial not only to Pokagons but our neighbors as well. South Bend is a city which shares a similar vision and will undoubtedly support the same quality of life we do. We set our sights for a long and impactful partnership.”

The Pokagon Band has a presence in four counties in Michigan and six in Indiana.

The sovereign tribe that handles the operations of Four Winds Hartford, Four Winds Casino Resort New Buffalo, Four Winds South Bend, and Four Winds Dowagiac has roughly 5,000 citizens as members.

About the author


Jason Goldberg

Jason Is The Founder Of Ltd. And One Of The Board Member Of OptnST Organisation. He Mainly Works For The Community And Helps Teams In ICO Trading Industry. He Loves To Share His Total Work Experience With Readers To Educate Them About Latest Trends In ICO Coins.

Add Comment

Click here to post a comment

Your email address will not be published. Required fields are marked *