October 31, 2024

Senecas, NYS Reach Framework For New 20-Year Gaming Compact – Spectrum News

Provided by Casino Marousi – Καζίνο Μαρούσι
https://casinomarousi.com
https://casinomarousi.gr

Get the best experience and stay connected to your community with our Spectrum News app. Learn More
Continue in Browser
Get hyperlocal forecasts, radar and weather alerts.
Please enter a valid zipcode.
Save
BUFFALO, N.Y. — The Seneca Nation of Indians said it has reached an agreement in principle with New York state to continue operating casinos for another 20 years.
This is not the final step, but a major one after what the Senecas admit have been sometimes contentious negotiations. The Senecas said they reached a framework deal early Wednesday afternoon although they have not released any major details yet.
President Rickey Armstrong, Jr. in a brief press conference said the specific terms will be finalized in the next few days. He said the negotiating parties hope to move as quickly as possible.
The current deal has been in place since 2002 and expires Dec. 9. The Seneca’s three casinos in Western New York are the largest revenue generator for the Nation.
The state and cities where those casinos are located have received roughly $2 billion as part of a revenue-sharing agreement, although those payments were a source of conflict and litigation during the last third of the compact.
Up until today, it appeared uncertain a deal would get done prior to the end of the state legislative session.
"Negotiating a fair compact was critical to the future of the Seneca Nation and the future of Western New York. Throughout the negotiations, our focus remained on arriving at a fair equitable deal that secured the future of our gaming operations, the final funding for our operations that provide critical services for our people and a significant jobs and economic benefits it generates in Western New York," Armstrong said.
The Legislature must authorize the governor’s office to sign off on the deal before they leave this week or would have to come back. Gov. Kathy Hochul recused herself from negotiations because her husband works for Seneca gaming competitor Delaware North but is ultimately required to approve it.
In a short statement, a spokesperson for her office said they are pleased they have reached an agreement in principle that serves the interest of both parties and benefits Western New York communities. The Seneca Nation citizens must approve by a referendum vote and Armstrong says the next several weeks will be used to educate them about the specifics.
The final step is review and approval from the federal department of interior.

source
Visit
Provided by Casino Marousi – Καζίνο Μαρούσι
https://casinomarousi.com
https://casinomarousi.gr

Contact : casinomarousi@gmail.com

Please follow and like us:

4 thoughts on “Senecas, NYS Reach Framework For New 20-Year Gaming Compact – Spectrum News

  1. Iron scrapyards

    Metal scrap yard operations Environmental metal disposal Iron waste disposal facility

    Ferrous waste reclaiming, Iron recovery industry, Metal reclamation

  2. Iron waste reclaiming and reprocessing

    Metal recycle Ferrous metal shredding Scrap iron collection

    Ferrous material import, Iron and steel scrapping and recovery, Metal scraps

  3. Iron scrap processing center

    Metal market analysis services Ferrous material selling Iron waste collection points

    Ferrous material repurposing, Iron recycle center, Scrap metal depots

  4. Iron waste reclaiming and recycling solutions

    Metal reclaiming facility Ferrous waste elimination Iron salvage and recycling

    Ferrous waste safety standards, Iron scrap recovery plants, Metal scrap supply chain

Leave a Reply

Your email address will not be published. Required fields are marked *