Falls share of casino profits should be tripled, Ortt proposes

[From BuffaloNews.com]

The City of Niagara Falls’ share of the profits from the slot machines at Seneca Niagara Casino should be tripled, State Sen. Robert G. Ortt said Tuesday.

Lifting the curtain on what could turn out to be one of the most contentious local issues of the 2016 Albany legislative session, Ortt said he will introduce a bill to alter the casino funding formula to give Niagara Falls 75 percent of the governmental share of the slot profits, while the state would keep 25 percent…

READ THE FULL STORY HERE: http://www.buffalonews.com/city-region/niagara-falls/falls-share-of-casino-profits-should-be-tripled-ortt-proposes-20151124

Leave a Reply