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Renewed Revenue Stream

Salamanca Mayor, Cattaraugus County Administrator Glad To Insert Seneca Payment Back In Budget

June 16, 2013

The Seneca Nation of Indians doesn’t have to worry about private casino competition for the foreseeable future following an agreement signed with New York state Thursday, and municipalities hosting......

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(5)

Renaldo

Jun-16-13 7:20 AM

Well it is nice that NYS agreed to agree with their prior agreement with the SNI. How long will this last? It's a maddening issue but thank God it's over.

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KCW007

Jun-16-13 10:54 AM

Actually the state hasn't agreed to abide by its original Exclusivity promise. Rather the Seneca Gaming Corp "agreed" to allow those VLT games, which were the original source for this mess to begin with, to continue; provide that they aren't referred to as "slots". The Seneca Gaming Corp got $209 million in "damages" for the state's transgression to date, but that's the end of anymore $ on that issue. What the Senecas really traded for was a "wink and a nod" agreement that the state will pick up that seven year Compact extension in April of 2016, keeping them in business into 2023. "How long will this last?" asks Renaldo. If you consider how well the state lived up to its solemn promises & guarantees thus far, I would think that the Senecas understand that they're taking a real "gamble" on the state doing the right thing in the future; but then again, it's the only game in town.

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Renaldo

Jun-16-13 5:37 PM

Thanks for detailed corrections KCW, you've been rock solid on this topic like no other, like I wish the media would be. Such a sleazy mess, the side politics I can't appreciate. I think the Senecas would be wise to diversify away from casinos, lots of opportunity I think on their Allegany rez because of the landscape, river, Kinzua, ASP. Casinos are becoming common everywhere, not a good future, though it would be cool if they had riverboat gambling on the river & Kinzua.

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wantabe

Jun-16-13 8:14 PM

Good luck on trusting the state to live up to any agreement in 2016--look at their record!

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KCW007

Jun-16-13 9:27 PM

My hunch is that the state told the Senecas: "Sure, go to arbitration and you'll win everything to be certain , but as of April 2016 you'll be out of the gambling business altogether...to be certain. However if you play ball with us, if you turn a blind eye to our continued VLT transgressions, then maybe we'll let you stay in business until 2023.". Talk about unethical! Sort of like a bank robber with a sack full TNT. He tells the bank manager that he has the "choice" of either opening the vault and letting the robber take what he wants, or he'll blow the entire place to kingdom come! I would agree that the government sanctioned gambling thing has crossed the threshold of diminishing returns; some sites have been shut down already nationally. Adding more venues just cuts the pie into smaller slices. BTW, has anyone started taking bets on the Senecas still being in the class III business after 2016?

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