The seven area American Indian tribes with casinos in Northeast Oklahoma produced revenue of more than $10 million for the state of Oklahoma in the fiscal year that just ended.
The $10,241,442 in state revenue from the area tribes is an increase of nearly 8 percent from the $9,504,073 collected in fiscal year 2011.
The state’s fiscal year runs from July 1 to June 30. The figures are from the Oklahoma Office of State Finance.
The tribes that operate casinos provide between 4 and 6 percent of revenue from their electronic games and 10 percent of revenue from their table games to the state.
Five of the seven tribes increased their revenues to the state. The exceptions were the Modoc Tribe, which operates The Stables Casino in Miami, and the Wyandotte Tribe, which has Wyandotte Casino in Wyandotte.
The largest tribal addition to state revenue was from the Quapaw Tribe. It owns Downstream Casino Resort and Quapaw Casino, which added $6,533,156 to state coffers in the fiscal year. That’s a nearly 8 percent increase from $6,066,706 in fiscal 2011.
The Ottawa Tribe, with High Winds Casino, Miami, had the largest percentage increase among the seven tribes. The $275,305 in state revenue from the tribe was a nearly 28 percent increase from $215,293 the previous fiscal year. It was the second consecutive year for the tribe to increase its revenue to the state. The increase in fiscal 2011 was 10 percent.
The Peoria Tribe, which has Buffalo Run Casino, Miami, also significantly increased its revenue to the state. The $535,786 the tribe provided to the state in fiscal 2012 is more than a 15 percent increase from $463,907 in fiscal 2011.
Peoria Chief John Froman said the state revenues accurately reflect the increase in business at the casino over the period.
“Maybe we’re a little more sheltered and insulated from the overall economy,” Froman said of the gambling and entertainment industry.
He also said tourism in Ottawa County through the casinos and their restaurants and other venues is a big boost for the state.
“It’s a major force in bringing in outside people and dollars,” he said. “A lot of it has to do with the amount of entertainment we offer.”
Froman said 49 percent of the casino’s revenue goes toward tribal services to benefit the tribe’s members. He said more than $1 million every year goes toward tribal scholarships.
The state in fiscal 2012 collected $1,539,188 from the Eastern Shawnee Tribe, which owns Bordertown Casino, just outside Seneca, Mo. That’s a nearly 8 percent increase from the figure for fiscal 2011, when the state received $1,426,593 from the tribe.
State revenue from the Modoc Tribe, with The Stables Casino, decreased 2 percent, contributing $345,436 in fiscal 2012 compared with $350,975 in fiscal 2011.
The Wyandotte Tribe, with Wyandotte Casino, produced reduced state revenues of $386,945, down nearly 4 percent from $401,700 in fiscal 2011. It was the second year of reduced state revenues from the tribe.
The Seneca Cayuga Tribe, with Grand Lake Casino, Grove, added $625,626 to state revenues, an 8 percent increase from $578,899 in 2011.
OKLAHOMA REVENUE from tribes with casinos totaled $123.8 million in fiscal 2012, just over a 1 percent increase from $122,237,727 in the previous fiscal year.