A bill providing a fairer distribution of slot machine revenue to Maine’s Wabanaki Nations is making its way through the state legislature. The proposed change aims to increase the total net income from Hollywood Casino in Bangor, with the additional funds specifically allocated to tribal governments.
Key Points
- The bill, sponsored by Rep. Marc Malon, intends to raise Hollywood Casino’s slot revenue share from 39% to 46%.
- 7% of the increase will go directly to the Houlton Band of Maliseet Indians and the Mi’kmaq Nation.
- This legislative move aims to rectify long-standing inequities in gaming revenue distribution among tribes.
- Tribal leaders assert that the bill targets new revenue without affecting existing distributions to the Passamaquoddy Tribe and Penobscot Nation.
- Hollywood Casino has voiced concerns that the proposed changes could impact their financial sustainability and tax rate.
Why should I read this?
If you’re interested in the intersection of gaming, law, and Indigenous rights, this article is a gem. It highlights a significant step towards fairer financial practices in Maine while underscoring the ongoing struggles faced by the Wabanaki Nations. It’s a vital read for anyone keen on understanding how legislative changes can impact economic opportunities for tribal communities.
