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NY gets $57.3 million from Seneca slots13 August 2008NEW YORK -- As reported by the Buffalo News: "The Seneca Nation of Indians has made a $57.3 million payment of slot machine revenues to New York State, including $2.8 million generated by the embattled Seneca Buffalo Creek slots-only facility in the City of Buffalo. "One-quarter of those revenues — $14.3 million — will be passed to 'host communities,' including Niagara Falls and Salamanca. Absence of a revenue sharing agreement in Buffalo will result in $708,302 being held in a state account until a share arrangement is worked out. "Seneca President Maurice A. John Sr. confirmed the payment was made by the June 30 deadline for revenues generated by slot machines at Seneca Niagara, Seneca Allegany and Seneca Buffalo Creek casinos between July 1 and Dec. 31, 2007. The payout is the first from the Buffalo temporary casino, which opened July 3, 2007..."
NY gets $57.3 million from Seneca slots
is republished from Online.CasinoCity.com.
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