Oneida Indians’ Slot Machines

The Oneida Indian Nation has annual revenues that are in excess of $400 million, and about 3/4ths of that amount come from slot machines and gambling. The tribe’s slot machine casino and resorts are key moneymakers for them, and they expect those numbers to continue to increase.

A recent report from the BIA states that the Turning Stone Resort and Casino account for more than $300 million of that $400 million revenue. Roughly 70% of the money came from slot machines and gaming, coming out to about $215 million. The tribe lost money on its non slot machine ventures – namely their golf courses, entertainment venues and lodgings.

Turning Stone slot machine casino and resort brings in about 4.5 million visitors annually. Their other non slot machine venture is their gas stations – the tribe owns a chain of 12 – which brought in about $110 million. The nation is trying to put 17,370 acres into federal trust so that they can be exempt from local and state laws. The Department of the Interior is expected to make a decision sometime in 2008.
 

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