“The U.S. Department of Interior recognizes the State’s good faith effort to negotiate with Oklahoma tribes in the approval of two new gaming compacts that will generate new revenue for public schools in the future and expand economic opportunity for our tribal partners,” Stitt said in a statement.
The gaming compacts raise the Class III gaming fee rate substantially from the 6% rate of the 2004 Model Tribal Gaming Compact. The KTT and UKB will pay the state up to 13% of gaming win.
Chief Joe Bunch of UKB said, “It is a great day as we prepare to partner with the State of Oklahoma in this Class III gaming compact that will be good for Logan County, the State and the United Keetoowah Band. Our compact will help provide much needed resources to our tribe and surrounding communities as we continue to develop a robust economy and exercise our tribal sovereignty.”
