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Menominee Tribe Claim New Casino would be Massive Employer and Tax Payer

Menominee Tribe Claim New Casino would be Massive Employer and Tax Payer

The Menominee tribe argue that its casino project would produce thousands of jobs and millions of dollars of state payments.

Menominee Tribe Claim New Casino would be Massive Employer and Tax Payer

The Menominee tribe argue that its casino project would produce thousands of jobs and millions of dollars of state payments

Late last month plans for an $800 million casino in Kenosha, to be run by the Menominee tribe, were approved by federal officials who placed the project in the hands of Gov. Scott Walker. The project was immediately opposed to by the Forest County Potawatomi tribe which runs a casino in Milwaukee, the tribe says that the new facility will result in a loss of market share and they will suffer job losses as a result.

However, Menominee officials say that a new casino project works perfectly with Walker’s aim to create 250,000 new jobs in his four-year term.

The projects website says that it is particularly important as “recent statistics show Wisconsin lags behind the rest of the country in private-sector job creation” and Illinois is rapidly moving towards building a new casino in its side of the state line.

The Menominee tribe claims that the new casino would be one of the state’s largest employers and pay more to the state than any other company or Tribe, essentially making it Wisconsin’s biggest taxpayer. The tribe says the casino would create 3,300 full-time jobs and it is thought the casino could pay the state as much as $40 million a year.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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