(Kahnawà:ke – 10, Ohiari:ha/June 2022) Mohawk Online Limited (“Mohawk Online”) reported its revenue results for the fiscal period of January 1, 2021 to December 31, 2021. For this period, Mohawk Online has reported overall gross revenue of $13,157,068, with total net profits of $12,090,929.
Mohawk Online’s financial results have been confirmed through an independent audit completed by Moore Stephens International, who have attested to the accuracy and fairness of presentation of the financial statements and related disclosures.
“Operationally, in the midst of the ongoing COVID pandemic, 2021 was a very interesting year of operations for Mohawk Online” said Dean Montour, Mohawk Online’s Chief Executive Officer. “While many conventional ‘bricks and mortar’ businesses were negatively affected in some manner due to COVID restrictions, the opposite was true for .com businesses and online gaming in particular”. Montour continued, “In fact, Mohawk Online had positive metrics and favorable results for our sportsbook in 2021. Together with strong casino numbers throughout the year, we generated record profits.” Mohawk Online’s net profits for 2021 increased by $3.02M dollars from 2020: a +33% “year-on-year” increase.
In 2021, Mohawk Online declared $14.0 Million in dividends to the MCK; $3.0M of which was used to fund Kahnawà:ke’s Covid-19 relief efforts (the KERM fund), while the remaining $11.0M was allocated to MCK’s general fund.
In addition, Mohawk Online made donations to the Kateri Memorial Foundation for the annual Karonhiarahstha’s Winter Wonderland Christmas Tree Giveaway and the 7th Annual Charity Golf Tournament held at the Kanawaki Golf Course.