![]() By contrast, commercial casinos have made massive and unrealistic promises to their shareholders and to the region, then consistently failed to meet their obligations. The Oneida Indian Nation has held up its end of the bargain and is now proud to be generating more than $70 million this year alone to state and counties, and we have never asked to renege on the deal. The existing rules were the product of months of negotiations, and the Oneida people made significant financial and legal sacrifices to reach a deal with the State and counties, at significant cost to our operations. " ‘Rate Equalization’ is just a fancy term for a bailout - it is a scheme to get a lucrative bailout of enterprises that have mismanaged their own finances. ![]() ![]() “Since opening their doors, there has been an ongoing effort by the commercial casinos to alter the state’s carefully crafted gaming rules which would be a bait and switch," Joel Barkin, the Oneidas’vice president for communication, wrote in an email to. ![]()
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