Oneida Nation sends even more gaming revenues to communities

A view of the gaming floor at the Yellow Brick Road Casino in Chittenango, New York. Photo by Oneida Nation

A settlement between the Oneida Nation and the state of New York continues to benefit local communities.

The 2013 settlement requires the tribe to share 25 percent of slot machine revenues with the state. Of that amount, 25 percent goes to Oneida County.

So far this year, the county has received $7.7 million, The Rome Sentinel reported. That represents a huge 19 percent increase from the year prior, the paper said.

“It’s the right trend,” County Executive Anthony J. Picente Jr. told the paper. He expects the amount shared in 2016 to surpass last year's.

Additionally, the tribes pays $2.5 million a year to the county to address taxation issues. That arrangement continues through 2033, the paper said.

The tribe operates the Turning Stone Resort Casino and the Yellow Brick Road Casino.

Read More on the Story:
Oneida County’s casino settlement share up 19 percent (The Rome Sentinel 8/240

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