New York State is set to award $3 million to fund projects and attract further investment to the area dubbed the 'Niagara Falls Tourism Target Zone'.
Local leaders have identified a one-to-two mile radius surrounding the Seneca Niagara Casino & Hotel.The casino is owned and operated by the Seneca Nation of Indians.
The $3 million is understood to come from the state’s share of casino revenue payments received from the Seneca Nation.
The investment is aiming to kick-start the local economy as casino revenues are reportedly on the decline. The wider community, including the hospital and schools, currently relies on a share of casino revenues.
The Seneca have reportedly paid the state and local governments close to $1.5 billion but this agreement, began in 2002, is now coming to an end.
Image credti: Mav (Creative Commons)
New York State awards Niagara Falls $3m to support growth in area around casino | World Casino News
Charles Read
Charles is co-founder and creative director at blooloop. He attends numerous trade shows around the world and frequently speaks about trends and social media for the attractions industry at conferences. Outside of blooloop, his passions are diving, trees and cricket.
