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New York News - Page 63

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Seneca Nation Terminates $80 Million Loan

The Seneca Nation of Indians, Seneca Niagara Falls Gaming Corporation and Freemantle Limited have come to a mutual agreement to terminate a $80 million loan.

Negotiations Over Seneca Casino Revenue Continue

News Brief: Negotiations over how to disburse revenue from Seneca Niagara Casino have picked up speed in the State Legislature since Niagara County filed a lawsuit seeking 75 percent of the local money, Senator George D. Maziarz said last week.

New York Officials Target Illegal Gambling Dens

News Brief: Elected officials in Flushing, New York, are taking aim at illegal gambling dens sprouting up in the area and are telling residents to keep them informed about suspicious activity.

Niagara Falls Officials Concerned Over Casino Revenue Distribution

News Brief: Niagara USA Chamber of Commerce is asking Niagara County representatives to the state Legislature to figure out a way to distribute revenues from the Seneca Gaming Corp.

VLT Revenues for Purses and Awards Constitutional, New York Court Rules

News Brief: The president of the New York Thoroughbred Horsemen’s Association said he hoped yesterday's ruling would accelerate contract negotiations with NYRA.

Music Series Returns to Saratoga Raceway

The sounds and rhythms of many kinds of music along with the best entertainers in the area return to the party tent this summer at Saratoga Gaming and Raceway.

New York Court Approves VLTs

News Brief: New York’s highest court has ruled that video lottery terminals and Indian-owned casinos are constitutional, a victory for the legislature and governor who have increasingly relied on gambling to fill budget shortfalls.

Mohawk Casino Customers Like Slots

News Brief: New slot machines at the Akwesasne Mohawk Casino are drawing first-time players and regulars alike, which could boost business at the gaming hall.

Jacobs Entertainment Interested in Vernon Downs

News Brief: Jacob Entertainment, a national gaming company, that runs three casinos and a horse track is interested in buying bankrupt racing track Vernon Downs.

Verona's Windfall May Be Downfall for Neighbors

News Brief: The impact of adding Turning Stone casino and four other properties owned by the Oneida Indian Nation to Verona's tax roll is a windfall for the New York town but a nightmare for the county’s other towns.

New York Looks at Casino Smoking Ban

News Brief: A spokesman for Gov. George Pataki said enforcing the state smoking ban at Turning Stone Resort and Casino is ‘one of the issues under discussion’ as the state continues to analyze the U.S. Supreme Court's decision in last month's Sherrill property tax case.

Alysworth Pushes for New York Riverboat Casinos

News Brief: John Aylsworth, the philandering casino king has anted up in the drive to revive riverboat gambling in the city.

Saratoga Track Opens Restaurant

Saratoga Gaming and Raceway is happy to announce the opening of their $1 million Fortunes restaurant.

Iroquois Chiefs Condemn Pataki's Proposal

News Brief: The traditional chiefs of the six Iroquois nations condemned Governor George Pataki's proposed gambling compacts with tribes looking to build casinos in the Catskills.

Mohawks Favored to Win Casino

ews Brief: The St. Regis Mohawk Indian tribe is now the odds-on favorite to get the first and likely only Catskills casino, according to Albany's top Democrat.

Pataki Puts Land Claim Settlements on Hold

Gov. George Pataki on Friday said he was withdrawing pending land claim settlements with four Indian tribes, saying a recent decision by the U.S. Supreme Court made it necessary to 'review and re-evaluate' the proposals.

Seneca Gaming Appoints Interim President & CEO

The Board of Directors of the Seneca Gaming Corporation announced the election of John Pasqualoni as interim President & Chief Executive Officer of SGC.

Exec Blasts NY Democrats

News Brief: Empire Resorts Chief Executive Robert Berman blasted Assembly Democrats for stymieing economic development in a blighted upstate region.

Cops Nab 17, Bust Up Mob-Run Betting Ring

News Brief: Two of New York's most feared organized crime families joined forces to run a multimillion-dollar illegal sports betting network out of three Queens bars and a gambling Web site, authorities said yesterday.

Spitzer Urged to Shut Turning Stone

News Brief: Lawyer says top court's ruling means the casino sits on land that is not a legal site for gambling.

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