the law backs them up<\/a>. Signing an extension agreement would be tantamount to acknowledging the contrary legal argument.<\/p>\nThey say they plan to continue normal operations on January 1 and are preparing for legal action if necessary.<\/p>\n
Stitt blindsided the tribes when he wrote in a Tulsa World<\/em> op-ed in July of his intention to squeeze more money out of the compacts. He said his opinion was that the agreements do not automatically roll over beyond their first term.<\/p>\n\n
Some tribes have indicated that they are open to renegotiating their revenue-share percentages, but first, they want Stitt to acknowledge that the compacts auto-renew.<\/p>\n<\/div>\n
The tribes pay four to six percent of their revenues from slots, depending on the size of the operation, and ten percent on games like craps and roulette. This totaled $138.6 million last year.<\/p>\n
Stitt Takes the Lead<\/strong><\/h2>\nBut Stitt believes the $2.3 billion tribal gaming market has it too easy. He wants negotiations to start at 25 percent, but operators complain he has offered nothing in return.<\/p>\n
Earlier this week, Oklahoma AG Mike Hunter withdrew from talks to hand Stitt the role of lead negotiator. So far, Oklahoma Indian Gaming Association Chairman Matt Morgan is unimpressed. He told The Associated Press<\/em> he was \u201cdisappointed\u201d with the governor.<\/p>\n\u201cTribal leadership has been clear from the beginning \u2014 if he acknowledges auto-renewal, we\u2019ll sit down and negotiate with him. But clearly he does not want to do that,” Morgan said.<\/p>\n
\u201cI had hoped to see better leadership from him on this issue.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Oklahoma Governor Kevin Stitt has offered the state\u2019s tribal operators an extension to their gaming compacts beyond the January 1 expiry deadline. The move is part of his continued attempt to renegotiate casino revenue-share payments. The governor has said unless the tribes sign an extension agreement, they will be breaking the law next year by […]<\/p>\n","protected":false},"author":36,"featured_media":122655,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[61,18456],"tags":[],"acf":[],"yoast_head":"\n
Oklahoma Gov. Kevin Stitt Demands Tribes Sign Compact Extension<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n