Indian Gaming > Seneca Nation halts construction on casinos

August 28, 2008

Seneca Nation halts construction on casinos

The Seneca Nation of New York halted work at two casino sites on Wednesday, citing financial concerns.

The tribe is working on a $130 million hotel expansion at the Seneca Allegany Hotel and Casino in Salamanca and a permanent $333 million home for the Buffalo Creek Casino in Buffalo. Both projects were immediately stopped yesterday.

“In keeping with our financial commitments to our owner, the Seneca Nation of Indians, and with our obligations to our bondholders, we have decided that it is our responsibility to suspend our construction activities at this time, as we endeavor to preserve the continuing strength and vitality of our company," said Barry E. Snyder Sr., the chairman of Seneca Gaming Corporation, The Buffalo News reported.

The move came a day after a federal judge reaffirmed his view that the Buffalo facility does not qualify for gaming under the Indian Gaming Regulatory Act.

Get the Story:
Halt to Seneca casino construction follows nationwide slump in gambling income (The Buffalo News 8/28)
Senecas stop Buffalo, Salamanca work (Business First of Buffalo 8/27)