The Seneca Nation of Indians and New York State have come to an agreement on the framework for a new 20-year gaming compact, allowing the tribe to continue operating its casinos in the region.
Seneca Nation President Rickey Armstrong Jr. held a brief press conference to confirm the agreement in principle and noted that the specifics will be finalized over the coming days. The tribe relies heavily on its three casinos to generate revenue.
current gaming compact has been in effect since 2002
The current gaming compact has been in effect since 2002 and will expire in December. The tribe had concerns over the negotiation process, including New York Governor Kathy Hochul’s conflict of interest. Her husband works for Delaware North, a competitor of the tribe. She recused herself from negotiations because of the conflict.
There were also uncertainties about reaching an agreement before the end of the current legislative session this week. The legislature will need to give the all-clear to the governor’s office to sign the deal. Governor Hochul also still needs to give her approval, as do Seneca Nation citizens. The final step in the process will be for the US Department of the Interior to review and green-light the new compact.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- EVM Finance. Unified Interface for Decentralized Finance. Access Here.
- Quantum Media Group. IR/PR Amplified. Access Here.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Source: https://www.vegasslotsonline.com/news/2023/06/08/new-york-state-and-senecas-agree-on-20-year-gaming-compact-framework/
- a
- About
- Agreement
- Allowing
- also
- an
- and
- approval
- as
- BE
- because
- been
- before
- Casinos
- Citizens
- come
- coming
- Competitor
- Conference
- conflict
- continue
- Current
- days
- deal
- December
- Delaware
- delaware north
- department
- do
- Effect
- end
- Final
- For
- Framework
- from
- Gaming
- generate
- give
- Governor
- had
- has
- Have
- heavily
- held
- her
- HTTPS
- in
- Including
- interest
- ITS
- jpg
- legislative
- need
- needs
- New
- New York
- New York state
- North
- noted
- NY
- of
- Office
- on
- operating
- over
- plato
- plato data intelligence
- platodata
- platogaming
- president
- press
- Process
- reaching
- region
- revenue
- review
- session
- she
- sign
- since
- State
- step
- still
- that
- The
- this
- three
- to
- uncertainties
- us
- week
- were
- will
- works
- york
- zephyrnet
