Seneca Nation reports six percent increase in profits from gaming
Friday, August 6, 2010
The Seneca Nation of New York reported an increase in profits and an increase in revenues from its gaming enterprise.
Seneca Gaming Corp. saw a six percent increase in profits in the second quarter. Revenues were up two percent.
“Seneca Gaming Corp. is in a much stronger financial position now than it was just a year ago,” Richard K. Nephew, the treasurer of the company’s board of directors, told The Buffalo News.
The tribe operates two off-reservation casinos and another casino on the reservation.
EDITORIAL FOOTNOTE: Article taken from www.indianz.com
DIDN'T THE MOHEGAN SUN POST A LOST FOR THE LAST QUARTER BUT THE SENECAS POST AN INCREASE? DOES ANYONE ON THE MTGA WANT TO EXPLAIN WHY THEY CAN'T MAKE A PROFIT? What do you think?
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