Seneca Casinos Gave New York State $1.4 Billion–Panel Orders To Continue
Seneca Nation worked out a deal back in 2002 with New York State on a gaming compact through 2023. Over the past 14 years, New York State was given $1.4 billion from the Seneca Nation because of the deal.
The casinos employ more than 4,000 people.
Seneca Nation President Rickey Armstrong, Sr. says that with the panel's ruling, payments will continue to be made to the state, although the 14 years have passed.
"“Despite the panel finding that the Compact, as written, simply does not address the topic of revenue share beyond Year 14, a majority of the panel members determined that an obligation exists to continue revenue share payments to the State,” Armstrong said.