New York makes way for Gambling Expansion Plan

In a gambling expansion plan approved by the State of New York last year, a few more Indian casinos in the Catskills will join in on this new expansion development.

Last week, a new deal approved by the state gave the Seneca Indian Nation a green light to start building casinos in Buffalo and Niagara Falls. Due to lost revenue after September 11, the state´s gambling expansion plan may be just the ticket to boost up the state´s economy.

Mike Memmo, a supporter of the plan says, I think it will create jobs not only for us but for non-Indians. It will boost money and trade in the area for everyone."
Cyrus Schindler, the Seneca President, says that the project will generate a $2billion to $3billion profit for the tribe, the state will enjoy an 18% to 25% profit from slot machines, and local metropolis will expect a 6.25% profit from the state´s share.

With the new expansion project at hand, six new casinos, video-betting terminals and along with joining the multi-state Power ball lottery, the state hopes to collect $1 billion dollars annually within three years.