ALLEGANY TERRITORY, SALAMANCA, N.Y. – The Seneca Nation has issued the following statement in response to a final ruling issued by a three-person arbitration panel stating that the Nation’s slot revenue sharing payment obligation continues beyond Year 14 of its gaming Compact:
“As with the opinion issued earlier this year, two of the three arbitration panel members have determined that an obligation exists for the Nation to continue revenue share payments to the State beyond Year 14 of the Compact. The two panel members arrived at this conclusion despite the fact that no language exists in the Compact to make such a determination,” said Seneca Nation President Rickey Armstrong, Sr.
“In making this final ruling, the panel has effectively and materially amended the agreed upon terms of the Compact. It has done so in complete disregard of federal law that governs the Compact and without following the necessary federal procedures for making Compact amendments.”
“Simply put, the Compact is rooted in federal law and amending the Compact requires that proper procedures be followed. A majority of the panel members ignored both of these critical issues.”
“Once we have reviewed and discussed this ruling and our legal rights, we will determine a path forward.”
Since the Seneca Nation began its gaming operations in 2002, the Nation has sent more than $1 Billion in revenue share contributions to Albany. The Seneca Nation has also invested more than $1 Billion to develop its casino properties in Niagara Falls, Salamanca and Buffalo. Today, the Nation’s casino operations employ more than 4,000 workers, making Seneca Gaming Corporation one of the largest private employers in Western New York.