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Wednesday, December 30, 2009

The House Loses $19 Million

WESB NEWS--Seneca Gaming Loses $19 Million
The Seneca Gaming Corp lost $19 million over a 12 month period from September 2008 thru September of this year. The federal Securities and Exchange Commission says Seneca Gaming is blaming the losses on the recession and is hoping for growth in 2010. Seneca Gaming runs casinos in Salamanca and Niagara Falls.

8 comments :

Anonymous said...

Well now, just how much Federal Tax do you think they will be paying in IF they have such a big loss?

How about ZERO, NADA, ZILCH...and in the mean time our great Gov. of PA is counting his chickens before they hatch with tax on small games of chance and the like! Do not spend er before you can collect er there big boy!

Anonymous said...

I can understand them losing money and I can't think that it is from the economy as much as lack of giving anything back. I have spent thousands of dollars at Seneca Allegheny and have barely won anything other than 30 or 40 dollars. They certainly should realize that in order to get they need to give. I turned my card in back in October and told them to distroy it and I will not be back and believe me I won't.

Anonymous said...

MAKES YOU WONDER WHY RENDELL AND OTHER STATE OFFICALS THINK GAMBLING WILL SOLVE OUR STATE MONEY PROBLEMS. GAMBLING ONLY MAKES POOR PEOPLE POORER.

Anonymous said...

amen ~~they are taking in way more than they are paying out!

Anonymous said...

Why in the world would anyone be so stupid as to gamble NOW...uh..in case ppl haven't heard, PAs unemployment funds are nearly exasperated...I just read a report from NY state that said that food needs country wide are the highest they have been in years, more ppl needing food stamps, food banks...etc...ppl can barely afford to LIVE, why would they gamble??!!

Anonymous said...

The lottery is just a tax on poor people.

Anonymous said...

Because people suck anymore. They don't feel the need to work, they don't feel the need to try and find work, they spend money on cigs and booze, and of course they gamble. Welcome to America, 2010.

Anonymous said...

actually I would have to believe that they didn't lose 19 million, but rather they estimated to earn 150 million and only earned 131 million, cause I know they sure don't pay any amounts out that would effect their profits. I really think that Seneca Salamanca has gone down hill and they will never get the number of people they used to have simply because they don't give out any amount of money that keeps people interested.