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Four Winds’ Slot Machines Boon for Schools

The New Buffalo Schools and New Buffalo Township cannot wait for the Four Winds Casino and Resort starts running their slot machines. A nice chunk of the income from the slot machines will be going to the schools and the township, and they figure the sooner the better. The casino plans on having its slot machines up and running by August, and the school is counting the days.

The slot machines at the casino will get divvied up between the state and local government – with Berrien Country receiving the third largest amount, and the city of New Buffalo receiving the fourth largest amount of slot machine revenue. The compact that was signed with the state of Michigan by the Pokagon Band of Potawatomi Indians said that the casino will pay the state 8% and local governments 2% of their slot machine net wins.

The slot machine revenue is then divided up between the schools, the libraries, governments, and reimbursements. The schools will receive the largest part of the slot machine revenue, getting almost a million a year by 2008. New Buffalo’s Intermediate School District would receive $115,848. They are assuming that the casino’s slot machines will bring in almost 15,000 customers a day – well worth the $330 million price tag it cost to build the casino.

 

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