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December 31st, 2019
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Ny State Senate Approves Madison County Casino Income Sharing Bill

The newest York State Senate approved on a bill, under which Madison County would receive 25% of the slot machines revenue Yellow Brick Road she’s a rich girl slot machine Casino contributes to the state tuesday.

Although the proposed legislation came across specific opposition by the Oneida Indian country, which manages the above-mentioned gambling location, state senators voted 57-1 in its favor. Therefore, being truly a host municipality to the center, Madison County would be given a share associated with slot devices revenue it yearly creates and pays to your state. County representatives told news that it’s not particularly ambiguous simply how much exactly it could get through the casino, which launched play she’s a rich girl slot doors a year ago.

The authorized legislation is currently headed to the nyc State Assembly, which voted in favor of a comparable bill straight back in 2015 but Assembly members will now have to mention their opinion with this one, too.

The latest proposition had been sponsored by Sen. David Valesky, D-Oneida, with Madison County being contained in their region. In most cases, it’s the only county within the nyc boundaries to be hosting A american that is native gambling without being compensated good results being a host she is a rich girl slot municipality.

Sen. Valesky commented in a news release that it’s just reasonable for Madison County to get a share of exactly what the casino generates. He also explained that any re payments the casino gets would exclusively come from she’s a rich girl slot free the state’s percentage of slot machines income. Read the rest of this entry »