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State Seeks Greater Share of Profit From Proposed Casino

MADISON, Wisconsin -- The state will seek a greater share of the profit from the casino proposed by the Menominee Indian tribe in Kenosha, the state's chief negotiator says.

Wisconsin Administration Secretary Marc Marotta said Democratic Gov. Jim Doyle wants the state to collect more than the 7 percent to 7.5 percent of the facility's net gambling revenue laid out in a 12-year-old deal between the state and tribe.

Indian tribes recently have offered other states as much as a quarter of their net revenue, but Marotta did not specify how much he thinks Wisconsin should reap if the Kenosha casino is approved.

"What we're seeing on these new deals, the state has a lot more bargaining power," he said. "Every situation is different, but we want to make sure we're getting what is the market demand, and I think the 7 percent is on the low side."

Copyright © Las Vegas Sun. Inc. Republished with permission.

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