Monday, August 25, 2008

Does Milwaukee know that Kenosha got a better deal?

A few days ago, the Forest County Potawatomi announced they’d paid the City of Milwaukee and Milwaukee County $5.06 million each as part of an agreement to annually share a portion of the Tribe’s Milwaukee casino proceeds.

Looking at the numbers, we wonder…could the tribe be working so hard to kill the proposed Kenosha casino because they’re worried someone will notice Wisconsin’s Menominee Tribe gave Kenosha a better deal than the Potawatomi gave Milwaukee?

Take a look:

  • For the first seven years of operations, the Menominee have agreed to pay 3% of the Kenosha casino’s net win to the City of Kenosha and Kenosha County. It’s the same percentage the Potawatomi pay in Milwaukee, but the similarity ends there. By Year 2, Menominee’s annual payment to Kenosha and Kenosha County is projected to be about $12.6 million – a cool $2 million more than Potawatomi’s latest Milwaukee payout.
  • After seven years, Menominee’s payment to the City of Kenosha and Kenosha County jumps to 4% of net win, which will mean even more revenue for the two local governments. Meanwhile, Potawatomi will continue to pay at the 3% level in Milwaukee.
  • On top of its yearly, multimillion-dollar payments to the City of Kenosha and Kenosha County, the Menominee Indian Tribe of Wisconsin has agreed to make a separate, $1.5 million annual gift to Kenosha County schools. Schools aren’t a part of the Potawatomi’s revenue-sharing agreement in Milwaukee at all.

One of the great things about tribal gaming in Wisconsin is the positive economic impact it has on local communities and the state as a whole. We’ve never understood why the Potawatomi have taken every opportunity to kill plans for another casino that would be a positive economic contributor in Kenosha, Southeast Wisconsin and statewide.

But now, we might. Could be they’re worried that Milwaukee – once they see the significant contributions Wisconsin’s Menominee will be making in Kenosha – might ask to go back to the bargaining table.

Cast your vote for casino competition by signing our online petition.



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