Senecas Sign Catskills Deal
The Seneca Nation of Indians has signed a deal with Sullivan County to develop a new casino in the Catskills.
The agreement was supposed to be signed in a ceremony last Thursday but it was postponed until today.
The Senecas have agreed to pay Sullivan County $15.5 million while the casino is being built. That's expected to take two years. For the next four years after that, the county would get $20 million.
That differs from the deal the Senecas have with Cattaraugus, Erie and Niagara counties, which get a percentage of the slots revenues.
The Senecas still need approval from Congress before they can move ahead with the project.
The agreement was supposed to be signed in a ceremony last Thursday but it was postponed until today.
The Senecas have agreed to pay Sullivan County $15.5 million while the casino is being built. That's expected to take two years. For the next four years after that, the county would get $20 million.
That differs from the deal the Senecas have with Cattaraugus, Erie and Niagara counties, which get a percentage of the slots revenues.
The Senecas still need approval from Congress before they can move ahead with the project.
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