Tribal countries signed a multi-year gaming contract with local governments to operate gambling facilities installed on tribal lands. Under the recently signed agreement, Tribal's game contract is set to expire in 2037. But the happiness of First Nations was incomplete because tribal countries failed to realize their long-standing dreams and reduce current game taxes by at least 25 percent.
Similar to the American Indian tribes, Canadian First Nations is engaged in games. Casinos in Canada's First Nations Reserve generate significant economic benefits for the country. As a result, the heads of Congress tended to give First Nations the right to run for another 10 years. Last week, authorities authorized the Saskatchewan Indian Game Agency (SIGA) to extend their game contracts, but it's not even close to the first stage for small countries.
The expectations of the first countries were broken
Bobby Cameron, chairman of the Union of Sovereign Indigenous States (FSIN), said tribal countries expect to cut, if not eliminate, the game tax. The tribal country's leader is pushing to reduce the game tax from 25% to 15%, but added that their dreams have been shattered.
Mr Cameron explained that it is unfair to tax First Nation's game operations because First Nation's casino facilities are located on Canadian tribal-owned land. Wayne Semanis, CEO of Little Fine First Nation, said he opposed the deal extension. He was annoyed that the authorities had given them no choice at all.
Responding to growing complaints, Saskatchewan's Secretary of State Slga Gene Makowski pointed out that tax rates are negotiable every five years of contract and acknowledged that Slga generates strong gambling tax revenues in Canadian coffers and that First Nation gambling operations boost economic activity.
Aboriginal groups first signed a gaming contract with the government in 2002, forcing casino owners in First Nation to share revenue with Saskatchewan's 74 First Nations, provinces and communities where they were located. The initial levy was 37.5% of total game revenue (GGR), which over time has seen its initial yield drop by 25%.