Approve Casinos in New York
INDIAN RESERVATION, NY - /Associated Press/ - The Seneca Indian
Nation approved a deal with the state on May 14 to build casinos
in Buffalo and Niagara Falls.
The 14-year compact will send some slot-machine profits to the state,
which has sought new revenue amid the economic fallout from the
Sept. 11 attacks.
On the Senecas' two reservations in western New York, tribal members
accepted the gambling plan by a vote of 1,077-976. The deal still
needs approval by the federal Bureau of Indian Affairs.
Seneca President Cyrus Schindler estimated the venture could mean
between $2 billion and $3 billion for the tribe.
The state, which is anticipating $300 million, initially will receive
18 percent of slot machine profits and see its share grow to 25
percent. Local municipalities receive 6.25 percent of the state's
The casinos, along with plans for three more Indian casinos in the
Catskills, were included in a historic gambling expansion approved
by state legislators last year as a way to make up for revenues
lost after the terrorist attacks.