Seneca Nation Announces Plans for Catskills Casino

The Seneca Nation of Indians and a Michigan based company have an agreement to develop a casino in the Catskill Mountains region of New York.

Nation President Barry E. Snyder said today that the Seneca Nation has had the agreement for the last 18 months with Rotate Black Gaming Inc. to build the region's first major casino, 80 miles north of New York City in Monticello.

"The Nation views development of a Catskills casino with the state as yet another example of a 'win-win' economic development, which have generated more than 4,000 jobs and $300 million in payments to the state," Snyder said.

The Nation has not yet approached Gov. David Paterson regarding this proposal, but plans to do so. They say they are acquiring the land in anticipation of a change in national policy by the incoming administration of President-elect Barack Obama.

Rotate Black projects that a fully developed Catskills casino will generate approximently $160 million in exclusivity fees to state and local governments.