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Home > Leadership > Mayor > Public Statements/ Speeches > SNI Casino 10K Statement

SNI Casino 10K Statement


Contact:
Peter K. Cutler
851-4841 (o)
316-3721 (c)

"My Administration had been under the impression that the proposed Buffalo Creek Casino would bring in significant tourist dollars to the City of Buffalo.

"This served as the primary economic justification for a casino in Buffalo -- that more tourist dollars will come to and stay here than will leave the host community.

 

"The Form 10-K that was filed by the Seneca Erie Gaming Corporation on December 29, 2005 with the Securities and Exchange Commission states that '…the Seneca Buffalo Casino is expected to cater primarily to the local market in Buffalo and its suburbs.'

 

"This is a very troubling development and raises the strong possibility that the Buffalo Creek Casino will have negative impacts on our local economy.

 

"This development speaks strongly against the City providing any support for the infrastructure improvements requested by the Seneca Nation around the Buffalo Creek Casino site."