Seneca Gaming Ousts Snyder

Barry Snyder Sr. has been removed as chairman of the Seneca Gaming Corporation by the company's board of directors.

In a surprise vote, the board got rid of Snyder then elected Norman "Cochise" Redeye to replace him.

Snyder's control of Seneca Gaming has been questioned recently. Construction projects have been halted and employees have been laid off because of declining revenues.

Seneca Gaming's annual report to the Securities and Exchange Commission reported a 13.9 percent drop in earnings last year.

Snyder remains as president of the Seneca Nation of Indians.

Comments

Popular posts from this blog

Arrests in Operation Diamond Drop

Cops: Man Had Sex with 13-Year-Old

Two Arrested on Drug Charges