Gun Lake Investments is a result of a long term effort to diversify and build a Tribal economy. In 2004, the Tribal Council developed a separate effort which was referred to as MBPI INC. This initial step was created to have a focus on economic development efforts, including the Tribes early gaming efforts. In 2010, the Tribal Council separated the gaming focus in order to insulate liability from other economic entities. Membership had an ongoing push for separating MBPI Inc as a separate Tribal business entity, which followed other successful Tribal economic efforts and the Tribal Council placed this in the Strategic Plan in 2010. In January, 2015, Tribal Council adopted the operating agreement recognizing MBPI LLC and appointed the founding Board of Directors. In March 2015, MBPI, LLC conducted their first meeting and unanimously changed the name to Gun Lake Investments.