Oneida Nation shares gaming revenues with communities

The Turning Stone Resort Casino in Verona, New York, Photo from Facebook

The Oneida Nation has shared million of dollars in gaming revenues with local communities in New York, The Auburn Citizen reports.

As part of a 2013 settlement agreement, the tribe shares 25 percent of slot machine revenues with the state. Some of that money is then distributed to local communities.

In 2014, Oneida County received $7.5 million and Madison County received $3.5 million, the paper said, based on figures from the official Open Book New York site. The two counties are within the tribe's regional exclusivity zone.

Oneida County receives more because the Turning Stone Resort Casino is located there. Under the settlement, the county's payment is 25 percent of the state's share, so the state presumably received a total of $30 million from the tribe in 2014.

In addition to the gaming payments, Oneida County receives $2.5 million a year to settle back property tax claims. Madison County received a one-time payment of $11 million in 2014.

Eight other counties are also receiving funds under the settlement. Their amounts are included in the paper's spreadsheet.

Get the Story:
Central New York counties in Oneida Nation exclusive gaming zone collect millions in payments (The Auburn Citizen 5/11)

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