Dep't of Interior approves Oklahoma gaming compacts with Kialegee and UKB

KTT AND UKB TRIBAL GAMING COMPACTS DEEMED APPROVED BY DEPARTMENT OF INTERIOR OKLAHOMA CITY (August 20, 2020) – Governor Kevin Stitt has announced the U.S. Department of Interior (DOI) deemed approved the State’s two most recent gaming compacts with the Kialegee Tribal Town (KTT) and the United Keetoowah Band of Cherokee Indians (UKB). These new gaming compacts double the current fee rate on Class III games, from 6% in the 2004 Model Gaming Compact to as high as 13%, and strengthens gaming compact transparency, setting the stage for additional revenue for public education in the near future and strengthening State-Tribal relationships through individual negotiations. “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,” said Gov. Kevin Stitt. “I appreciate and respect the thoughtful leadership of Mekko Brian Givens and Chief Joe Bunch who worked hard to secure fair terms for their citizens, and whose contributions throughout the negotiations ensured a competitive gaming market in Oklahoma. With these new gaming compacts, Oklahoma is ushering in a new era of prosperity, opportunity, and partnership for the State and the Tribes.” Read more » by Jamison Faught - August 21, 2020 at 08:33AM

Dep't of Interior approves Oklahoma gaming compacts with Kialegee and UKB Click the title to read the entire article at Muskogee Politico