Oklahoma receives $70M from tribal gaming last year
The Journal Record
March 4, 2008
TULSA – Oklahoma’s take from Indian gambling
agreements tripled to $70.4 million in 2007, state
records show.
Oklahoma took in $21.5 million in 2006 from the
agreements, or compacts.
The Chickasaw Nation led state Indian tribes in 2007
for revenue payments with $18 million, according to
Office of State Finance records. The Choctaw Nation
was second with $16.5 million, and the Cherokee
Nation came in third with $11.5 million.
The state began keeping logs on compact payments in
2005 after State Question 712 was approved in
November 2004, allowing gambling agreements between
Oklahoma and Indian tribes.
State Treasurer Scott Meacham said it is likely that
up to a 50-percent increase in those payments could
result if the National Indian Gaming Commission were
to approve proposed regulations that would
reclassify noncompacted Class II – or bingo-based –
games into compacted Class III games, or slot
machines.
The tribes have argued that the proposed rules are
unfair and unnecessary. Meacham said approving those
rules has a positive side to it.
“If payments go up, it means more tribes are
converting to compact games,” he said. “But that
money doesn’t go to the state as a whole, but
straight to education.”
The tribes’ payments are derived from a percentage
of the compact machines’ that the state and each
tribe have negotiated in their gambling compact
agreement and ranges from 6 percent to 10 percent.
Currently, about 33 of 37 federally recognized
tribes have compacted with the state. |