VEGAS CREST CASINO
February 22, 2016
Madison County may be receiving additional casino tax revenue from the Oneida Indian Nation if a proposed state measure is approved.
The tribe recently opened the Yellow Brick Road Casino in Chittenango.
A lawsuit was settled in 2013 between the Oneida Nation, Oneida County, Madison County, and New York State.
An arrangement was made that $48 million in back taxes would be paid to Oneida County. The payments would be made over 19 years. As the host county for the Turning Stone Casino, 25 percent of revenue from the slot machines would be paid as well. $11 million in back taxes would be paid to Madison County with an additional yearly payment of $3.5 million from the casino revenue.
However, the new casino in Madison County has officials believing that the tribe needs to pay more. The county wishes to have similar benefits paid to them as the tribe is paying to Oneida County. This is because it is now also a host county for one of the tribe's casinos.
The additional money would fund the extra fire department and police services.
Last year the assembly approved the change to the agreement however the senate never did a hearing. The measure was introduced late in the session. However, it is being reintroduced earlier this time. All four parties involved in the settlement would have to agree to any changes that will remain a challenge
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